Terms & Conditions
Please read these terms carefully before using our services
Important Notice
By accessing or using Liberty Bank's services, you agree to be bound by these Terms and Conditions. If you do not agree, please do not use our services. These terms govern your use of our website, mobile applications, and banking services.
Key Terms at a Glance
Important points you should know
Account Security
You are responsible for maintaining the confidentiality of your account credentials
Fees & Charges
All fees are clearly disclosed in our fee schedule
Authorized Use
Use our services only for lawful purposes
Eligibility
Must be 18+ and authorized to conduct business in the U.S.
1. Acceptance of Terms
These Terms and Conditions ("Terms") govern your use of Liberty Bank's website, mobile applications, and banking services. By opening an account, accessing our website, or using any of our services, you acknowledge that you have read, understood, and agree to be bound by these Terms.
2. Account Opening and Eligibility
Eligibility Requirements
- You must be at least 18 years of age
- You must be a legal resident of the United States or authorized to conduct business in the U.S.
- You must provide accurate and complete information
- You must not be prohibited from opening an account by law or regulation
Account Information
You are responsible for maintaining the accuracy of your account information and must promptly notify us of any changes. You must keep your login credentials secure and confidential.
3. Use of Services
Permitted Use
You agree to use our services only for lawful purposes and in accordance with these Terms.
Prohibited Activities
- Use services for illegal or unauthorized purposes
- Attempt to gain unauthorized access to our systems
- Interfere with or disrupt our services
- Transmit viruses, malware, or harmful code
- Use automated systems without permission
4. Account Security
You are responsible for:
Maintaining the confidentiality of your account credentials
All activities that occur under your account
Immediately notifying us of any unauthorized access
Using strong passwords and enabling two-factor authentication
5. Fees and Charges
You agree to pay all fees and charges associated with your accounts as disclosed in our fee schedule. Current fee schedules are available on our website and will be provided when you open an account.
| Fee Type | Description |
|---|---|
| Monthly Maintenance | Varies by account type |
| Transaction Fees | For certain transaction types |
| Overdraft Fees | $35 per overdraft transaction |
| Wire Transfer | $25 domestic, $45 international |
| ATM Fees | $2.50 for out-of-network ATMs |
6. Transactions and Payments
Transaction Processing
We will process transactions in accordance with our policies and applicable laws. Processing times may vary depending on the type of transaction.
Payment Authorization
By initiating a payment, you authorize us to debit your account for the amount specified. You are responsible for ensuring sufficient funds are available.
7. Limitation of Liability
To the maximum extent permitted by law, Liberty Bank shall not be liable for any indirect, incidental, special, consequential, or punitive damages arising from your use of our services.
8. Dispute Resolution
Any disputes arising from these Terms or your use of our services will be resolved through binding arbitration in accordance with the rules of the American Arbitration Association, except where prohibited by law.
9. Changes to Terms
We reserve the right to modify these Terms at any time. We will notify you of material changes by posting the updated Terms on our website and updating the "Last Updated" date. Your continued use of our services after changes become effective constitutes acceptance of the modified Terms.
10. Termination
We may suspend or terminate your access to our services at any time, with or without cause or notice, for any reason including violation of these Terms, fraudulent activity, or as required by law.
11. Governing Law
These Terms are governed by the laws of the State of New York, United States, without regard to conflict of law principles.
12. Contact Information
If you have questions about these Terms, please contact us:
Liberty Bank Legal Department
Email: legal@libertybank.com
Phone: 1-800-LIBERTY
Address: 123 Banking Street, Financial District, NY 10001