Home Equity Loans
Home Equity Loan Agreement
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It is a federal crime to defraud a financial institution, or to knowingly submit or represent
false information to obtain credit from a financial institution. 18 USC 1344
You must read the following terms and conditions before continuing.
Notice to California Residents:
Regardless of your marital status, you may apply for credit in your name alone.
Notice to Ohio Residents:
The Ohio laws against discrimination require that all creditors make credit equally available to all creditworthy customers, and that credit reporting agencies maintain separate credit histories on each individual upon request. The Ohio Civil Rights Commission administers compliance with this law.
Notice to Wisconsin Residents:
Wisconsin law provides that no provision of any marital property agreement, unilateral statement or court decree applying to marital property will adversely affect a creditor's interests unless the creditor, prior to the time that credit is granted, is furnished with a copy of the agreement statement, or decree, or has actual knowledge of the adverse provision when the obligation to the creditor is incurred.
By completing and submitting an application to Armed Forces Bank, I certify that I am of legal contracting age and that I have read, understood and agree to all of the terms stated here. I represent that the information I provide will be true, accurate and complete.
I understand and authorize you:
- I hereby authorize the bank to share any of my financial information with Armed Forces Bank and/or any other bank under common ownership with this bank for the purposes of underwriting this credit application (including obtaining and reviewing credit reporting information), or processing or servicing any loan (including obtaining future credit reports during the life of the loan) made in connection with this application.
- To retain this application whether or not it is approved.
If I submit my application electronically, I understand that you do not guarantee the security of the data and will not be held responsible or liable for interception by third parties. I agree to be bound by the terms of the account agreement you will provide.
E-Sign Consent to Use Electronic Records and Signatures
To service your deposit and/or loan request, we want to ensure you have all of the information you need to effectively understand and manage your deposit and/or loan relationship. The deposit and/or
loan product that you are applying for requires electronic application, disclosure and execution. In
deposit and/or loan transactions, you are entitled to certain information “in writing”. In order for us to
satisfy those requirements with electronic documents, we are required to provide you with certain
disclosures and receive your consent to proceed electronically. Before we can proceed with this deposit
and/or loan application, you must review and consent to the terms outlined below.
For this consent, the following are terms that may be used:
“We,” “us,” “our,” “DFC,” and “Dickinson Financial Corporation” means Dickinson Financial
Corporation and each and every current and future affiliate of Dickinson Financial Corporation.
Currently, those affiliates are Armed Forces Bank, N.A. and Academy Bank, N.A.
“You” and “your” mean the person giving this consent, and also each additional co-borrower,
co-signer, account owner, authorized signer, authorized representative, delegate, product
owner and/or service user identified on any DFC product that you apply for, use or access.
“Communications” means each application form, disclosure, notice, agreement, fee schedule,
statement, record, document and other information we provide to you or that you sign or
submit or agree to at our request.
“Electronic Service” means each and every product or service we offer that you apply for, use,
administer or access using the Internet, a website, email, messaging service (including SMS text
messaging) and/or software applications, including applications for mobile or hand-held devices,
either now or in the future.
1. Your consent to use electronic records and signatures. In our sole discretion, the
Communications we provide to you, or that you sign or agree to at our request, may be in
electronic form (“Electronic Records”). Examples of such electronic communications
include, but are not limited to:
This ESIGN Consent Disclosure and any amendments;
Our Online Banking Agreement, other service agreements for online access to our
Electronic Services, and all amendments to any of these agreements;
All of the periodic account and activity statements, disclosures and notices we provide
to you concerning your DFC products;
Any notice or disclosure regarding fees or assessments of any kind, including late fees,
overdraft fees, over the limit fees and returned item fees;
Notice of amendments to any of your agreements with us; and
Other disclosures and notices that we are legally required to provide to you, or choose
to provide to you in our discretion.
Electronic records may be delivered to you via secure email or via online banking messaging. In some cases, you will be able to choose whether to receive certain Communications electronically, or on paper. We will provide you with instructions on how to make those choices when they are available.
We may always, in our sole discretion, provide you with any Communication in paper form, even if you have chosen to receive it electronically.
Sometimes the law or our agreement with you, requires you to give us written notice. You must still provide these notices to us on paper, unless we specifically tell you in another Communication how you may deliver that notice to us electronically.
There are certain Communications that by law we are not permitted to deliver to you electronically, even with your consent. So long as required by law, we will continue to deliver those Communications to you in writing. However, if the law changes in the future and permits any of those Communications to be delivered as Electronic Records, this consent will automatically cover those Communications as well.
2. Your option to receive paper copies. If we provide Electronic Records to you, and you want a paper copy, you may contact our Customer Care Center and request a paper version. You will find the appropriate contact information in the account statement or agreement for the DFC product related to the Electronic Record you are requesting. You may have to pay a fee for the paper copy unless charging a fee is prohibited by applicable law. Please refer to your account agreement for any fee that may apply for paper copies.
3. Your consent covers ALL DFC Products. Your consent covers all Communications related to any DFC product. Your consent remains in effect until you give us notice that you are withdrawing it.
From time to time, you may seek to obtain a new DFC Product from us. When you do, we may remind you that you have already given us your consent to use Electronic Records and signatures. If you decide not to use Electronic Records and signatures in connection with the new product or service, your decision does not mean you have withdrawn this consent for any other DFC Product.
4. Withdrawal of Consent. You have the right to withdraw your consent at any time. Please be aware, however that withdrawal of consent may result in the termination of your access to our Electronic Services, including online banking and/or mobile banking and your ability to apply for or use certain DFC Products.
Your withdrawal of consent will become effective after we have had a reasonable opportunity to act upon it. This will generally occur within 30 calendar days from receipt.
If you are receiving online account statements, the termination will cause paper statements to be mailed to you via the U.S. Postal Service or other courier. Depending on the specific DFC Product, if you withdraw consent, we may charge you higher or additional fees for that product or services related to it. Please refer to the applicable account agreement for any fees that may apply.
To withdraw your consent, you must contact us at 1.877.712.BANK (1.877.712.2265).
5. You must keep your email or electronic address current with us. You must promptly notify us of any change in your email or other electronic address. You may change the email address on record for you by logging in to Online Banking and updating your contact information. You may also contact our Customer Care Center to update your information.
6. Hardware and software you will need. To receive Electronic Records, you must have access to:
A current version (supported by the publisher) of an Internet Browser supporting at least 128-bit encryption, including Microsoft Internet Explorer, Mozilla Firefox, Apple Safari or Google Chrome;
A connection to the Internet;
A current version (supported by the publisher) of a program that accurately reads and displays PDF files (such as Adobe Acrobat Reader); and
A computer or a mobile device and an operating system capable of supporting all of the above. You will also need a printer connected to your computer or device if you wish to print out and retain records on paper, and electronic storage if you wish to retain records in electronic form.
You must also have an active email address.
In some cases, you may also need a specific brand or type of device that can support a particular software application, including an application intended for particular mobile or handheld devices.
We reserve the right to discontinue support of a current version of software, if, in our sole opinion, it suffers from a security flaw or other flaw that makes it unsuitable for use with Online Banking.
7. Changes to hardware or software requirements. If our hardware or software requirements change, and that change would create a material risk that you would not be able to access or retain your Electronic Records, we will you give you notice of the revised hardware and software requirements. Continuing to use Electronic Services after receiving notice of the change is reaffirmation of your consent.
8. Your enrollment in Electronic Services using our equipment. If you enroll for an Electronic Service through one of our customer service representatives or using our equipment, your enrollment may not be complete until you take additional action. We will advise you, at the time of your enrollment, of any additional action you must take. If you take the required action, it is an affirmation of your consent to use electronic records and signatures under the terms of this E-Sign Consent.
9. Communications in languages other than English. We may be unable to fulfill and service DFC Products in a language other than English. Future communications may be in English only. If you are not fluent in English, you should consider obtaining the services of an interpreter or taking other steps to ensure you understand the transaction before entering into it.