Personal Internet Banking Application and Disclosures

Please read the following Terms and Conditions associated with Cambridgeport Banks Internet Banking service. To apply for the service, please click the button at the bottom of the page and print your application.

Cambridgeport Bank's Personal Internet Banking
Service Agreement, Terms and Conditions, and Disclosures

This Agreement and these Terms and Conditions and Disclosures apply to any Internet or PC-based electronic banking services that you receive from Cambridgeport Bank, including bill payment services offered by Cambridgeport Bank via its Internet Banking Service. Cambridgeport Bank reserves the right to modify any of these Terms and Conditions at any time, notice of which will be provided to you as required by applicable law. Your use of the Internet Banking Service constitutes your agreement to these Terms and Conditions and any modifications thereof. Except to the extent that they conflict with this Agreement and these Terms and Conditions and Disclosures, Cambridgeport Bank's Electronic Fund Transfers Disclosures shall apply to the Internet Banking Service. This Agreement shall remain in effect until you (a) close your Designated Account (defined below) or (b) notify us that you wish to discontinue use of the Internet Banking Service and we have a reasonable opportunity to act upon your notice.

The Internet Banking Service allows you to pay bills, obtain account balances and transaction information, transfer funds between certain accounts, and send and receive electronic mail ("e-mail"). The services made available to you through the Internet Banking Service may be provided to you by third parties on behalf of Cambridgeport Bank.

Your Cambridgeport Bank Accounts
You agree to maintain at least one Cambridgeport Bank checking account as long as this Agreement is in effect. If you enroll in Cambridgeport Bank's bill payment service, you must submit a Cambridgeport Connection application and you must designate one of your Cambridgeport Bank checking accounts from which we are to make payments on your behalf. The checking account you select for bill payments is your Designated Account. Your Designated Account shall remain subject to the terms and conditions governing your deposit accounts at Cambridgeport Bank. You may not designate a savings account or money market account for bill payments. Please retain a copy of the Cambridgeport Connection application you submit, as it constitutes your written authorization for us to debit your Designated Account when we make transfers or payments to merchants on your behalf.

When you enroll in the Internet Banking Service, you will select a User Name and Password to gain access to the Internet Banking Service. These are for your personal use and you agree to keep your User Name and Password confidential in order to prevent unauthorized access to your accounts. Contact us immediately if you believe that someone has obtained your password or may have access to your accounts without your permission. Telephoning us at 1-888-896-5200 is the best way of minimizing your losses. We may also require that your notify us in writing. If you forget your password, call us at 1-888-896-5200 and we will issue the User a new temporary password. Please refer to the Electronic Fund Transfers portion of our Truth-In-Savings Disclosure for further information on unauthorized use and error resolution.

Each owner of a joint account who enrolls in the Internet Banking Service and obtains a password may use the Internet Banking Service to make transfers and bill payments. Each owner of a joint account who uses the Internet Banking Service is jointly and severally liable for all transactions from the joint account, including transfers and bill payments from the joint account. If you permit other persons to use your password to make transfers or bill payments using the Internet Banking Service, you are responsible for any transactions they initiate.

You may use the Internet Banking Service to make transfers between any eligible Cambridgeport Bank accounts. Transfers are counted against the permissible number of transfers from your account(s). For your protection, we reserve the right to limit the frequency and dollar amount of transfers between your accounts.

Bill Payment Services
To pay bills using the Internet Banking Service, you must use a computer to authorize a payment from the Designated Account. Your payment will be made either by transferring funds to the merchant by electronic means or by sending a paper draft from the Designated Account payable to the merchant. You authorize us and any third party acting on our behalf to choose the most effective method to process your payment, including without limitation, electronic, paper or some other means. You agree that your Password is your signature authorization for any payments made using the Internet Banking Service.

You may use Cambridgeport Bank's bill payment service to make payments to any merchant with an address in the United States that agrees to accept payments in this manner. You may not use the bill payment service to transmit child support, alimony or other court-directed payments; to pay taxes or make other payments to government agencies; or to make payments to individuals. For your protection, Cambridgeport Bank reserves the right to limit the frequency and amount of bill payments made each day from your Designated Account and to refuse to make payments to certain payees or which reasonably appear to us to be fraudulent or erroneous.

You may use the Internet Banking Service to authorize automatic payments to pay recurring bills or to make recurring transfers from one Cambridgeport Bank account to another, provided that the payments or transfers are for the same amount each month and are to be made on the same calendar day of each month.

Scheduling Payments and Transfers
It is your responsibility to schedule payments and transfers using the Internet Banking Service so that your bills are paid on time. You should schedule your payments at least seven business days in advance of the date on which your payment is actually due, not including any grace period. The date the merchant credits the payment depends upon the merchant's payment processing procedures, and Cambridgeport Bank will not be responsible for any delays in crediting payments which result from the merchant's payment processing procedures. You are responsible for any late payment or finance charges that may be imposed because of your failure to schedule payments at least seven business days in advance.

Payment and Transfer Cancellation and Modification
You may cancel or modify a payment request or transfer by transmitting the cancellation or modification at least 7 business days prior to the date on which the payment or transfer was scheduled to be made. If your request to cancel or modify a payment is not received by us at least 2 business days before payment is to be made, you may be responsible for the payment. Cancellation or modification of a recurring payment or transfer instruction will affect all future payments or transfers associated with the payment or transfer request.

Payment and Transfer Authorization
When you transmit a payment or transfer instruction, you authorize us to debit the Designated Account accordingly. You agree to maintain in the Designated Account sufficient funds to cover all payments and transfers that you instruct us to make on your behalf. If there are not sufficient funds in your Designated Account on the day a payment or transfer is scheduled, you agree that we may either refuse to make the payment without incurring any liability to you or make the payment and overdraw the Designated Account. You are responsible for any non-sufficient funds or overdraft charges we may impose, as stated in the Terms and Conditions of Your Deposit Account, as well as for the amount of any overdraft.

Confirmation of Payments and Transfers
Each time you properly enter payment or transfer instructions and your Password, you are authorizing us to process your request in accordance with your instructions. Payment or transfer requests that are properly initiated will appear on the "Pending Payments List" screen for confirmation. We will process each payment or transfer request that you confirm that appears on the "Pending Payments List" screen. If you have a printer, you should print a copy of the "Pending Payments List" screen for your records. If you do not have a printer, you may call or write to us to obtain a record of your authorized payment and transfer requests.

If you have been notified of our refusal or inability to make a payment or you do not follow the instructions that we provide to you for initiating payments or transfers, you will bear full responsibility for all late fees, finance charges and other damages that you incur, and we will not be liable for any such amounts.

You may use the Internet Banking Service to send us e-mail and to receive e-mail from us. Because we will not immediately receive e-mail that you send, you should not use e-mail if you need to communicate with us immediately (for example, to make stop payment requests or notify us of lost or stolen ATM cards or passwords). We will not act upon your e-mail requests until we actually receive them and we have a reasonable amount of time to act upon them.

You agree to pay us fees for your use of the Internet Banking Service in the amounts listed in Cambridgeport Bank's Schedule of Fees, as it may be amended from time to time. After you apply and are approved for the Internet Banking Service, you will be charged for all applicable fees, whether or not you use the Service. You hereby authorize us to deduct all fees that you owe from your Designated Account or, if there are not sufficient funds in your designated account, from any other account that you maintain with us.

Liability Limitations
If we do not complete a transfer or bill payment on time or in the correct amount, we may be liable for late payment or finance charges or other damages that you incur as a result. We will not be liable to you if, for instance:

Your bill payment request does not appear on the Ready Payments List at the time you initiate or modify a bill payment request;

Through no fault of ours, your Designated Account does not contain sufficient available funds to complete the payment or transfer or if the payment or transfer would cause you to exceed the credit limit on the Designated Account's overdraft line;

The funds in your Designated Account are subject to legal process or other encumbrances restricting such payment or transfer;

Your subscription to the Internet Banking Service has been terminated for any reason;

The Internet Banking Service, our equipment, or any communications link is not functioning properly and you should have known about the malfunction before scheduling the transfer or payment or, in the case of an automatic or recurring payment or transfer, at the time such payment or transfer should have occurred;

Your computer, modem or software is not functioning properly;

You have not provided us with the correct information regarding the merchants to whom you wish to make bill payments or the accounts to which you wish to make transfers, or you do not follow the procedures in this or any other agreement with us for requesting a bill payment or transfer;

A merchant mishandles or delays crediting any payments sent by us on your behalf; or

Circumstances beyond our control (such as, but not limited to telecommunications outages or interruptions, postal strikes, fires, floods, or interference from an outside source, including delays caused by merchants) prevent completion of the payment or transfer request, despite reasonable precautions we have taken to avoid these circumstances.

New Services
We may from time to time introduce new services or enhance existing services available through the Internet Banking Service. We shall notify you of these new or enhanced services. By using these new services when they become available, you agree to be bound by the terms and conditions relating to these services, notice of which will be sent to you, if required by applicable law, prior to their release.

Termination of Services
We reserve the right to terminate this Agreement and your right to use the Internet Banking Service at any time and for any reason. Such termination may be without prior notice to you, but we will notify you of termination by mail at your last listed address. If either you or we terminate this Agreement and your use of the Internet Banking Service, we will not be required to complete any payment or transfer requests but we may do so unless you cancel the payment or transfer requests in accordance with these Terms and Conditions. You will remain responsible for all payments and transfers, even if they occur after this Agreement is terminated.

Customer Service Information
For questions concerning your account or account statement, contact us at 1-800-401-2626, Monday through Friday, 8:30-5:00 p.m. or Saturday and Sundays from 9:00 to 3:00pm Eastern Time or e-mail us at: For questions concerning bill payment processing and technical support only, contact Customer Service at 1-888-896-5200. The Customer Service Center is open 24 hours a day, 7 days a week.

By printing this application I\we certify that I\we have read and understand the above disclosure. I\we agree to the terms and conditions outlined in the Cambridgeport Bank's Personal Internet Banking Service Agreement, Terms and Conditions, and Disclosures as stated above. Once this application has been accepted by Cambridgeport Bank I agree to the rules and fees associated with the use of Cambridgeport Bank's Internet Banking services.