Consumer Debit Cardholder Agreement

BayVanguard Bank customer(s) (“I” or “me” or “we”), in consideration of BayVanguard Bank (“Bank” or “you” or “your”) issuing me a DEBIT CARD, hereby agrees to be legally bound by the following terms and conditions.

Use of DEBIT CARD. I understand that I may request that you issue me a DEBIT CARD to be used in connection with my account(s). I understand that I must be the owner, or an authorized signer of the account(s) attached to the DEBIT CARD and that the primary account must be a checking account. From time to time, I may request you provide access to additional accounts of mine, and I agree that the use of the DEBIT CARD described in the Agreement shall be subject to the rules and regulations of each account which is accessed by the card.

I understand I may use the DEBIT CARD with my Personal Identification Number (“PIN”) at any automated teller machine (“ATM”) to (1) withdraw cash from my account(s), (2) conduct transfers to or from my account(s) or (3) receive information regarding the balance in my account(s). I may also use ATMs throughout the United States and in certain foreign countries which accept VISA or any other logo on the back of the DEBIT CARD and that there may be fees associated with the use of those ATMs.

I understand I may use the DEBIT CARD at any retail establishment including online retail establishments (“Merchant”) where a DEBIT CARD is accepted to purchase goods and services and/or to obtain cash wherever permitted by the Merchant. (“Purchase”) If I use the DEBIT CARD to make a Purchase, I shall be requesting you to withdraw the funds in
the amount of such Purchase (including any cash received from the merchant) from my checking account designated on my application and directing or ordering you to pay such funds to the Merchant.

I understand the DEBIT CARD issued to me is valid for three years and will only be valid through the last day of the month indicated on the card; a new card will be automatically sent to my address on file prior to expiration. If fraud is suspected, I understand and agree that the card may be blocked for my protection until I have been contacted by the DEBIT CARD provider or you to confirm the transaction(s) are authorized. Therefore, I agree to contact you at once if my address or phone number changes.

Use of Personal Identification Number (“PIN”) with DEBIT CARD. I acknowledge that the PIN which I use with the DEBIT CARD, either at an ATM or at an electronic terminal at a Merchant, is my signature, identifies the bearer of the card to the DEBIT CARD machine or other network and authenticates and validates the directions given just as my actual signature with proof of identity would. I acknowledge that my PIN is an identification code that is personal and confidential and that the use of the PIN with the DEBIT CARD is a security method by which you are helping me to maintain the security of my account(s). Therefore, I AGREE TO TAKE ALL REASONABLE PRECAUTIONS THAT NO ONE ELSE LEARNS MY PIN INCLUDING YOU.

Liability for Unauthorized Transactions. I agree to contact you at once if I believe the DEBIT CARD issued to me or my PIN has been lost or stolen or money is missing from my account(s). I also agree that if my monthly statement shows transactions which I did not make, and I do not contact you within 60 days after the statement was mailed to me, I may not get any money back. I UNDERSTAND AND AGREE THAT IF I GIVE THE DEBIT CARD AND/OR PIN TO SOMEONE ELSE TO USE, I AM AUTHORIZING THEM TO ACT ON MY BEHALF AND I WILL BE RESPONSIBLE FOR ANYUSE OF THE CARD(s) BY THEM. I understand that if unauthorized transactions are found on my account using the DEBITCARD issued to me, that I am the only owner on the account that can dispute these transactions.

Fees. I agree to pay the fees which are charged by the Bank, the ATM operator, or any network used.

Limits. I understand and agree that there are daily withdrawal limits on the DEBIT CARD which are set for my protection. I may from time-to-time request to increase these limits. I understand that purchases and/or withdrawals are limited to the available balance in my checking account, or the limits outlined below whichever is less.
Maximum ATM Daily Limit- $2,500.00                       Maximum Point-of-Sale Daily Limit- $2,500.00

Liability. If the DEBIT CARD is issued for a joint account, we agree to be jointly and severally liable under the terms of this Agreement and the agreement for such account. I agree that if I make deposits to my account(s) with items other than cash and you make funds available to me from such deposits prior to their collection, I agree that you may deduct the amounts of such funds from my account(s) which are not collected or, if the funds in my account(s) are insufficient at such time, I will promptly pay to you any amount of such funds which are not collected.

Amendment of this Agreement. I agree that from time to time the Bank may amend or change the terms of this Agreement including amendments or changes to add further DEBIT CARD services or to amend or change the charges for these services. The Bank may do so by notifying me in writing of such amendments or changes and my use of the DEBIT CARD after the effective date of any such amendment or change shall constitute my acceptance of and agreement to such amendment or change.

Ownership. I agree that the DEBIT CARD is the property of the Bank, and I will surrender it to the Bank upon request. I
agree that the DEBIT CARD is non-transferrable.

To report lost or stolen cards. In the event of a lost DEBIT CARD or of unauthorized use of a DEBIT CARD, immediately call us at 410-477-5000 Monday through Friday, except for Federal banking holidays, between hours of 9:00 AM and 4:30 PM. After hours, please call 1-800-523-4175.