To help the government fight the funding of terrorism and money laundering activities, Federal law requires all financial institutions to obtain, verify, and record information that identifies each person who opens an account. What this means for you: When you open an account, we will ask for your name, address, date of birth, and other information that will allow us to identify you. We may also ask to see your driver’s license or other identifying documents. For existing customers we may request identifying documents and additional information to update our records.
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In this Consent and Authorization, the words “I,” “Me,” and “My” mean each person who electronically signs below. I understand that pursuant to My account and/or loan agreements with Valley Bank, I may be entitled to receive electronic account opening disclosures in connection with My Account. By indicating my acceptance of these terms and conditions, I authorize Valley Bank to discontinue sending Me paper account opening disclosures via postal mail service for My Account and to instead deliver such account opening disclosures to me electronically (“eDisclosures”). I understand and agree that My eDisclosures are ready to be viewed and printed on the Valley Bank website.
Valley Bank will deliver any applicable account opening disclosures to you by making such disclosures available on Valley Bank’s website. Each of your disclosures will be available for your viewing, downloading or printing before application is accepted. You will be responsible for viewing each of your electronic account opening disclosures in a timely manner so as to comply with any payment due dates, error resolution requirements and time periods, or with any other terms and conditions of your account(s) affected by this Amendment. If you cannot access, print or view your electronic account opening disclosures for any reason, you must contact us immediately at 540-342-2265 or at Valley Bank PO Box 2740, Roanoke, VA 24001 to make alternate arrangements to gain access to your electronic account opening disclosures so that you can properly and timely comply with your account obligations.
I further understand and agree that:
- I am the authorized signer [primary accountholder] of this Account indicated below. My electronic signature executed in conjunction with this Consent and Authorization any electronic transaction on this Account shall be legally binding on all owners on the account including myself and such any transaction performed pursuant to this Consent and Authorization transaction shall be considered authorized by Me.
- If this will be a joint account, I acknowledge that I am the primary accountholder of the joint account indicated below and that My consent and authorization has been authorized by each of the joint accountholders. All joint accountholders owners on the account are legally bound by the terms and conditions of this Consent and Authorization.
- My ongoing consent to receive account opening disclosures electronically is voluntary and may be withdrawn at any time. I may withdraw consent at any time in writing at the following address: Valley Bank, Attention Bookkeeping PO Box 2740, Roanoke, VA 24001 or by sending Valley Bank an e-mail at customerservice@myvalleybankcom and subject to Valley Bank’s confirmation of My request, such withdrawal shall become effective no later than fifteen (15) days after receipt by Valley Bank. Upon termination, I understand and agree that I will receive all account opening disclosures in paper form via postal mail service.
- My computer system meets the minimum system requirements set forth in #7 below. In addition, I have and will maintain a printer capable of printing any account opening disclosures that are made available on Valley Bank’s website. In the alternative, I have and will maintain the ability to electronically save and visually display on My computer screen any account opening disclosures that are made available on Valley Bank’s website. I understand that Valley Bank recommends that I print a copy of any account opening disclosures and this Consent and Authorization for My records.
- I may also request a paper copy of any account opening disclosure in writing or emailing at the addresses noted in #3 above. However, once your account(s) have been converted upon your request hereunder to electronic account opening disclosures delivery, Valley Bank reserves the right to charge you a fee as outlined in our schedule of fees if you request us to mail or otherwise provide you with a hard-copy of any account opening disclosure that already has been provided to you electronically.
- I understand and agree that Valley Bank reserves the right to change the terms and conditions of this Consent and Authorization. Valley Bank will notify Me before the effective date of any change. This means Valley Bank will mail Me notice using the United States Post Office at the address Valley Bank currently has on file. By accessing My eDisclosures after I receive any notice of change will constitute My agreement to such change(s). Valley Bank reserves the right to discontinue the eDisclosures program at any time. The terms and conditions in this Consent and Authorization only apply to the eDisclosures program. Provisions in other Valley Bank agreements and disclosures, including but not limited to Valley Bank’s account opening disclosures and in any and all agreements and disclosures, may be revised from time to time and remain effective for all other aspects of the accounts involved.
- Minimum System Requirements:
To obtain access to your electronic account opening disclosures, you need an Internet Service Provider (ISP) and a Web browser software program that supports a security technology called Secure Sockets Layer (SSL). Versions 4.0 and higher of Netscape Navigator®, Microsoft® Internet Explorer, and America Online (AOL) all support SSL. We also recommend using a computer with a minimum of a Pentium processor, 32 MB (megabytes) of RAM (Random Access Memory), a 28.8K modem and 1.2 GB (gigabytes) hard drive storage.
YOUR ELECTRONIC DISCLOSURES WILL BE MADE AVAILABLE ONLINE IN A PORTABLE DOCUMENT FORMAT (PDF) FILE. ACCORDINGLY, YOU WILL NEED TO HAVE ADOBE® ACROBAT® READER® OR COMPATIBLE SOFTWARE INSTALLED ON YOUR COMPUTER IN ADDITION TO YOUR NORMAL INTERNET BROWSER SOFTWARE IN ORDER FOR YOU TO ACCESS, VIEW OR PRINT YOUR ELECTRONIC DISCLOSURES MADE AVAILABLE HEREUNDER. TO DOWNLOAD A FREE COPY OF ADOBE® ACROBAT® READER®, PLEASE VISIT WWW.ADOBE.COM.
If these requirements change we will send you a notification of the new requirements upon which time you may withdraw your consent to receive electronic account opening disclosures.
By accepting below, you confirm that you meet the hardware and software requirements required for you to view and print your electronic account opening disclosures.
You must agree to the following disclosures by clicking the button below, stating that you have read and understood disclosures and agree to them and have printed them for your records. You will not be able to proceed with the account opening unless you accept these disclosures. You also have the ability to save these disclosures via the links below. Valley Bank may amend these disclosures from time to time.
The disclosures are in Adobe Acrobat® (PDF) format and requires Acrobat Reader. If you do not have Adobe installed, please click on the icon for a free download.
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