Security Bank Internet Banking Agreement
1. Acceptance of Agreement
By using Security Bank’s Internet Banking Services, you acknowledge that you have reviewed, understood, and agreed to this Agreement and all applicable disclosures. Security Bank may modify this Agreement from time to time, and your continued use of the service constitutes acceptance of any changes.
2. Security & Customer Responsibilities
Your User ID and Password grant access to your account and must be kept confidential. By using your credentials, you authorize Security Bank to process transactions and accept responsibility for all activity conducted under your login.
- You must not share your User ID or Password with anyone.
- Security Bank will never request your password—do not provide it to anyone claiming to represent the bank.
- If you provide your credentials to another person, you assume all liability for their actions.
If you suspect unauthorized access, contact Security Bank immediately at 731-285-0485.
3. Consumer Protections & Unauthorized Transactions
Security Bank follows Regulation E of the Electronic Fund Transfer Act, which provides protection against unauthorized transactions.
- If you report unauthorized activity within two (2) business days, your liability is limited to $50.
- If you fail to report unauthorized activity within 60 days of your statement date, you may be responsible for the full amount of unauthorized transactions.
To report unauthorized transactions, call 731-285-0485 or visit your nearest branch.
4. Business & Multi-Party Account Liability
- Business accounts: The account owner assumes full liability for all transactions, including those made by authorized users. If the owner provides credentials to employees or third parties, they accept full responsibility for any resulting activity.
- Multi-party accounts: All account holders share responsibility for transactions. Any action taken by one signer is binding on all parties associated with the account.
5. Inactivity & Termination of Services
Security Bank reserves the right to modify, suspend, or terminate Internet Banking Services under the following conditions:
- Inactivity: If there is no Internet Banking activity for four (4) consecutive months, your access to Internet Banking will be automatically terminated.
- Account Status: If your account(s) is closed or restricted for any reason, your access to Internet Banking Services will be terminated.
- Bank Discretion: Security Bank may, at any time, cancel all or part of the Services we generally offer, with or without prior notice, as necessary to maintain security, regulatory compliance, or operational integrity.
If your Internet Banking access is terminated due to inactivity, you may need to re-enroll to regain access. Please contact Security Bank eBanking Support at 731-287-4909 for assistance.
6. Privacy & Data Security
Your use of Internet Banking Services is governed by Security Bank’s Privacy Policy, which details how we collect, use, and protect your personal and financial data.
View our Privacy Policy here: http://www.bankatsecurity.com
7. Service Availability & Limitations
While Security Bank strives to provide uninterrupted service, we do not guarantee constant availability. The bank is not responsible for service interruptions due to:
- Scheduled maintenance
- Power outages
- Internet service disruptions
- Technical failures beyond the bank’s control
8. Transaction Documentation
Security Bank will not issue separate receipts for online transactions. You can review all account activity through:
- Online banking transaction history
- Periodic account statements
9. Authorization for Additional Services
To use additional services (e.g., Bill Pay, Mobile Deposit, Card Controls), you must first establish a Security Bank Internet Banking account. By activating and using these features, you agree to any associated terms and conditions.
10. Legal Compliance
This Agreement complies with federal and Tennessee Financial Records Privacy laws. Any limitations of liability outlined in this Agreement are subject to, and limited by, applicable state and federal regulations.