Creating a Policy

Select the Policiesmenu option and click the Policy buttonfor the Terms and Conditions option.

Before You Begin

The Policy Name screen displays by default. Complete this screen and then click the option immediately under Policy Name, in this case Policy Applicability. Continue until you have completed all the necessary screens and fields.

Click the OK button at any time to save the policy information; however, keep in mind that the policy will close and save the information when you click OK. You will have to go to the menu screen and open the policy again to make additional changes.

PolicyName screen

In the Enter the policy name field, enter the name of the new policy.

Terms and Conditions

In the Enter the policy name field, enter the name of the new policy.

Policy Applicability screen

The Policy Applicability screen allows the user to determine the account purposefor the policy.

Policy Applicability

Determine the Account Purposeby selecting one of the following:

§  Consumer(*default)

§  Commercial

§  Consumerand Commercial

Acknowledgement  Screen

The Acknowledgement Screenrequires that user click the opening acknowledgement in order to continue with the Terms and Condition policy creationprocess.

Acknowledgement

Clicking the following checkboxdisplays a list of additional Acknowledgement selections:

§  The financial institution understands and acknowledges that it is solelyresponsible for any modifications or additions, and that any modifications or additions, and their effect upon the contract have been or will be appropriately reviewed and approved by appropriate compliance personnel and/or legal counselbefore implementation, in keepingwith institution policies and in observance of copyrightprotections.

Title/Agreement screen

The Title Agreement screen is used for the following:

§  Customer namingprocess (title)

§  Agreement creation

Title

In the Title section, determine the Name of our customersby selecting one of the following option buttons:

§  AccountHolder(s) (*default)

§  Other

Agreement

Determine the Agreement language by selecting one of the following:

§  Print WKFS proprietary language(*default)

§  Use WKFS proprietary language as a starting point for customization

Section 326/Liability screen

This screenallows users to determine regulatory language for the following:

§  Section326 (USA Patriot Act)

§  Liability

Section 326

Click The USA PatriotAct applies to the transaction checkbox. Select either of the following:

§  Print WKFS proprietary language(*default)

§  Use WKFS proprietary language as a startingpoint for customization

Liability

Determine the Liability byselecting one of the following:

§  Print WKFS proprietary language(*default)

§  Use WKFS proprietary language as a starting point for customization

Deposits/Withdrawals  screen

This screen allowsusers to determine regulatory languagefor the following:

§  Deposits

§  Withdrawals

Deposits

Determine the Depositslanguage by selectingone of the following optionbuttons:

§  Print WKFS proprietary language(*default)

§  Use WKFS proprietary language as a starting point for customization

Withdrawals

Determine the Withdrawals language by selecting one of the following option buttons:

§  Print WKFS proprietary language(*default)

§  Use WKFS proprietary language as a starting point for customization

Chapter 167D Accounts screen

This screenallows users to determine regulatory language for the following:

§  Chapter 167D Accounts (For Massachusetts only)

Chapter 167D Accounts – (For Massachusetts only)

In the Chapter 167D Accounts(For Massachusetts only) section, select one of the following options:

§  Print WKFS proprietary language(*default)

§  Use WKFS proprietary language as a starting point for customization

Ownership of Account and Beneficiary Designation/Agency Designation screen

This screenallows users to determine regulatory language for the following:

§  Ownership of Account and Beneficiary Designation

§  AgencyDesignation

Ownership of Account and Beneficiary Designation

Determine the Ownership of Account and Beneficiary Designation language by selecting one of the following option buttons:

§  Print WKFS proprietary language(*default)

§  Use WKFS proprietary language as a starting point for customization

Agency Designation

Determine the Agency Designation language by selectingone of the following:

§  Print WKFS proprietary language(*default)

§  Use WKFS proprietary language as a starting point for customization

Business, Organizations and Association Accounts/Remotely Created Checks screen

This screenallows users to determine regulatory language for the following:

§  Business, Organization and Association Accounts

§  Remotely CreatedChecks

Business, Organization, and Association Accounts

Determine the Business, Organizations and Associations Accountslanguage by selecting one of the following:

§  Print WKFS proprietary language(*default)

§  Use WKFS proprietary languageas a starting point for customization

Remotely Created Checks

To include a Remotely CreatedChecks section, click the Include RemotelyCreated Checks sectioncheckbox. Select one of the following:

§  Print WKFS proprietary language(*default)

§  Use WKFS proprietary language as a starting point for customization

Stop Payments/Telephone Transfers screen

This screenallows users to determineregulatory language for the following:

§  Stop Payments

§  Telephone Transfers

Stop Payments

Determine the Stop Payments language by selecting one of the following:

§  Print WKFS proprietary language(*default)

§  Use WKFS proprietary language as a starting point for customization

Telephone Transfers

Determine the Telephone Transfers language by selectingone of the following:

§  Print WKFS proprietary language(*default)

§  Use WKFS proprietary language as a starting point for customization

Amendments and Terminations/Statements screen

This screenallows users to determine regulatory language for the following:

§  Amendments and Termination

§  Statements

Amendments and Termination

Determine the Amendmentsand Termination language by selecting one of the following:

§  Print WKFS proprietary language(*default)

§  Use WKFS proprietary language as a starting point for customization

Statements

Determine the Statements language by selecting one of the following:

§  Print WKFS proprietary language(*default)

§  Use WKFS proprietary language as a starting point for customization

Account Transfer/Direct Deposits screen

§  Account Transfers

§  Direct Deposits

Account Transfer

Determine the Account Transferlanguage by selectingone of the following:

§  Print WKFS proprietary language(*default)

§  Use WKFS proprietary language as a starting point for customization

Direct Deposits

Determine the Direct Depositslanguage by selecting one of the following:

§  Print WKFS proprietary language(*default)

§  Use WKFS proprietary language as a starting point for customization

Temporary Account Agreement/Setoff screen

This screenallows users to determine regulatory language for the following:

§  TemporaryAccount Agreements

§  Setoff

Temporary Account Agreement

Determine the TemporaryAccount Agreement language by selectingone of the following:

§  Print WKFS proprietary language(*default)

§  Use WKFS proprietary language as a starting point for customization

Setoff

Determine the Setoff language by selecting one of the following:

§  Print WKFS proprietary language(*default)

§  Use WKFS proprietary language as a starting point for customization

Restrictive Legends/Facsimile Signatures screen

§  Restrictive Legends

§  Facsimile Signatures

Restrictive Legends

Determine the Restrictive Legends language by selectingone of the following:

§  Print WKFS proprietary language(*default)

§  Use WKFS proprietary language as a starting point for customization

Facsimile Signatures

Determine the Facsimile Signatures language by selectingone of the following:

§  Print WKFS proprietary language(*default)

§  Use WKFS proprietary language as a starting point for customization

FDIC Insurance/Payment Order of Items screen

This screenallows users to determine regulatory language for the following:

§  FDIC Insurance

§  Payment Order of Items

FDIC Insurance

Click the Include FDIC Insurance sectioncheckbox; select one of the following:

§  Print WKFS proprietary language(*default)

§  Use WKFS proprietary language as a starting point for customization

Joint Fiduciary screen

This screen allows Vermontusers to includea joint fiduciary within their policy. To select jurisdictions for your policy,see Creating an Organization/Charter for more information.

Joint Fiduciary – (For Vermont Only)

To include a joint fiduciarysection, click the Include the Joint Fiduciary sectioncheckbox; select one of the following:

§  Print WKFS proprietary language(*default)

§  Use WKFS proprietary language as a starting point for customization

Fiduciary Accounts/Cash Transactions Reporting screen

This screen allows users to includeregulatory language for the following:

§  Fiduciary Accounts

§  Cash Transactions

Fiduciary Accounts

To include a fiduciary accountssection, click the Include Fiduciary Accountssection checkbox; select one of the following:

§  Print WKFS proprietary language(*default)

§  Use WKFS proprietary language as a starting point for customization

Cash Transactions Reporting

To include a cash transaction reporting section,click the IncludeCash Transaction Reporting sectioncheckbox; select one of the following:

§  Print WKFS proprietary language(*default)

§  Use WKFS proprietary language as a starting point for customization

Guardian or Custodial Accounts screen

This screen allows Virginia users to includeguardian or custodial account languagewithin their policy.To select jurisdictions for your policy, see Creating an Organization/Charter for more information.

Guardian or Custodial Accounts

Select one of the following and click Next toadvance to the Pledges/Power of Attorney screen.

§  Print WKFS proprietary language(*default)

§  Use WKFS proprietary language as a starting point for customization

Pledges/Power of Attorneyscreen

This screen allows users to includeregulatory language for the following:

§  Pledges

§  Power of Attorney

Pledges

To include a pledges section,click the Include Pledgescheckbox; select one of the following:

§  Print WKFS proprietary language(*default)

§  Use WKFS proprietary language as a starting point for customization

Power of Attorney

To include a power of attorneysection, click the IncludePower of Attorneysection; select one of the following:

§  Print WKFS proprietary language(*default)

§  Use WKFS proprietary language as a starting point for customization

Fictitious Business Name/Stale-Dated Checks screen

This screen allows users to include regulatory language for the following:

§  Fictitious Business Name

§  Stale-Dated Checks

Fictitious Business Name – All States except California

To include a fictitious businessname section, click the Include Fictitious Business Name section checkbox; selectone of the following:

§  Print WKFS proprietary language(*default)

§  Use WKFS proprietary language as a starting point for customization

Stale-Dated Checks – All States except Idaho, Virginia, and Wisconsin

To include a stale-dated checkssection, click the Include Stale-Dated Checks section checkbox; select one of the following:

§  Print WKFS proprietary language(*default)

§  Use WKFS proprietary language as a starting point for customization

Indorsements/Unclaimed Property screen

This screen allows users to includeregulatory language for the following:

§  Indorsements Name

§  Unclaimed Property Checks

Indorsements

To include an indorsements section, Click the IncludeIndorsements sectioncheckbox; select one of the following:

§  Print WKFS proprietary language(*default)

§  Use WKFS proprietary language as a starting point for customization

Unclaimed Property

To include an unclaimed propertysection, click the IncludeUnclaimed Property section checkbox; selectone of the following:

§  Print WKFS proprietary language(*default)

§  Use WKFS proprietary language as a starting point for customization

Dormant Accounts – (For New York only)

This screen allowsNew York users to include dormantaccount languagewithin their policy.To select jurisdictions for your policy, see Creating an Organization/Charter for more information.

Dormant Accounts – (For New York only)

To include a dormant accountssection, click the IncludeDormant Accounts sectioncheckbox; select one of the following:

§  Print WKFS proprietary language(*default)

§  Use WKFS proprietary language as a starting point for customization

Death or Incompetence/UTMA/UGMA screen

This screen allows users to includeregulatory language for the following:

§  Death or Incompetence

§  UTMA/UGMA

Death or Incompetence

To include a death or incompetence section,click the Include Death or Incompetence section checkbox; select one of the following:

§  Print WKFS proprietary language(*default)

§  Use WKFS proprietary language as a startingpoint for customization

UTMA/UGMA

To include an UTMA/UGMA section,click the UTMA/UGMA checkbox; select one of the following:

§  Print WKFS proprietary language(*default)

§  Use WKFS proprietary language as a starting point for customization

Backup Withholding/Changing AccountProducts screen

This screenallows users to determine regulatory language for the following:

§  Backup Withholding

§  Changing AccountProducts

Backup Withholding

To include a backup withholding section, click the Include Backup Withholding Note section; select one of the following:

§  Print WKFS proprietary language(*default)

§  Use WKFS proprietary language as a starting point for customization

Changing Account Products

To include a changingaccount productssection, click the Include ChangingAccount Products section checkbox; select one of the following:

§  Print WKFS proprietary language(*default)

§  Use WKFS proprietary language as a starting point for customization

Credit Verification/Notice of NegativeInformation screen

This screenallows users to determine regulatory language for the following:

§  CreditVerification

§  Notice of Negative Information

Credit Verification - Massachusetts

Select one of the following:

§  Print WKFS proprietary language(*default)

§  Use WKFS proprietary language as a starting point for customization

Credit Verification – All States except Massachusetts and Vermont

To include a credit verification section, click the Include Credit Verification checkbox; select one of the following:

§  Print WKFS proprietary language(*default)

§  Use WKFS proprietary language as a starting point for customization

Notice of Negative Information

To include a notice of negative information section, click the IncludeNotice of Negative Information section checkbox; select one of the following:

§  Print WKFS proprietary language(*default)

§  Use WKFS proprietary language as a starting point for customization

Lost Instruments screen

This screenallows users to include Lost Instruments regulatory language.

Lost Instruments – Applicable for all states EXCEPT the following: AZ

To include a lost instruments section, click the Include Lost Instruments section checkbox;select one of the following:

§  Print WKFS proprietary language(*default)

§  Use WKFS proprietary language as a startingpoint for customization

Transactions by Mail/Foreign Accounts screen

This screenallows users to determine regulatory language for the following:

§  Transactions by Mail

§  Foreign Accounts

Transactions by Mail

To include a transactions by mail section,click the Include Transactions by Mail sectioncheckbox; select one of the following:

§  Print WKFS proprietary language(*default)

§  Use WKFS proprietary language as a starting point for customization

Foreign Accounts

To include a foreignaccounts section, click the Include ForeignAccounts sectioncheckbox; select one of the following:

§  Print WKFS proprietary language(*default)

§  Use WKFS proprietary language as a startingpoint for customization

Legal Actions/Check Processing screen

This screenallows users to determine regulatory language for the following:

§  Legal Actions

§  Check Processing

Legal Actions

To include a legal actions section,click the Include LegalActions sectioncheckbox; select one of the following:

§  Print WKFS proprietary language(*default)

§  Use WKFS proprietary language as a starting point for customization

Check Processing

Select one of the following:

§  Print WKFS proprietary language(*default)

§  Use WKFS proprietary language as a starting point for customization

Check Storage and Copies/Check Cashing screen

This screenallows users to determine regulatory language for the following:

§  Check Storage and Copies

§  Check Cashing

Check Storage and Copies (Not Applicable for Maryland and West Virginia)

To include a check storage and copies section,click the Include CheckStorage and Copies section checkbox; select one of the following:

§  Print WKFS proprietary language(*default)

§  Use WKFS proprietary language as a starting point for customization

Check Cashing

Select one of the following:

§  Print WKFS proprietary language(*default)

§  Use WKFS proprietary language as a starting point for customization

Truncation, Substitute Checks and Other Images/Security screen

This screen allowsusers to includeregulatory language for the following:

§  Truncation, Substitute Checksand Other Images

§  Security

Truncation, Substitute Checks, and Other Check Images

To include a truncation, substitute checks,and other check images section,click the Truncation, Substitute Checks and Other Check Images sectioncheckbox; select one of the following:

§  Print WKFS proprietary language(*default)

§  Use WKFS proprietary language as a starting point for customization

Security

To include a security section,click the Include Securitysection checkbox; selectone of the following:

§  Print WKFS proprietary language(*default)

§  Use WKFS proprietary language as a starting point for customization

Monitoring and Recording Telephones/Telephonic Instructions screen

This screen allows users to includeregulatory language for the following:

§  Monitoring and Recording TelephoneCalls

§  Telephonic Instructions

Monitoring and Recording Telephone Calls

To include a monitoring and recording telephone calls section, click the Include Monitoring and Recording Telephone Calls section checkbox; select one of the following:

§  Print WKFS proprietary language(*default)

§  Use WKFS proprietary language as a starting point for customization

Telephonic Instructions

To include a telephonic instructions section, click the Include Telephone Instructions section checkbox; select one of the following:

§  Print WKFS proprietary language(*default)

§  Use WKFS proprietary language as a starting point for customization

Claim of Loss/Early WithdrawalPenalties screen

This screen allows users to includeregulatory language for the following:

§  Claim of Loss

§  Early Withdrawal

Claim of Loss

To include a claim of loss section,click the Include Claim of Loss section checkbox; select one  of the following:

§  Print WKFS proprietary language(*default)

§  Use WKFS proprietary language as a starting point for customization

Early Withdrawal Penalties

To include a n earlywithdrawal penalties section,click the Include Early Withdrawal Penalties section checkbox; selectone of the following:

§  Print WKFS proprietary language(*default)

§  Use WKFS proprietary language as a starting point for customization

Address or Name Changes/Resolving AccountDisputes screen

This screen allows users to includeregulatory language for the following:

§  Addressor Name Changes

§  Resolving AccountDisputes

Address or Name Changes

To include an address or name changes section,click the IncludeAddress or Name Changes section checkbox; select one of the following:

§  Print WKFS proprietary language(*default)

§  Use WKFS proprietary language as a starting point for customization

Resolving Account Disputes

To include a resolving accountdisputes section, click the Include ResolvingAccount Disputes section checkbox; select one of the following:

§  Print WKFS proprietary language(*default)

§  Use WKFS proprietary language as a starting point for customization

NOW Account Organizations/Health Savings Accounts

This screen allows users to includeregulatory language for the following:

§  NOW Account Organization

§  Health SavingsAccounts

NOW Account Organization

To include a NOW accountsection, click the We offer NOW Accounts to our customers checkbox; select one of the following:

§  Print WKFS proprietary language(*default)

§  Use WKFS proprietary language as a startingpoint for customization

Health Savings Accounts

To include a health savings account section,click the We offerHealth Savings Accountsto our customerscheckbox; select one of the following:

§  Print WKFS proprietary language(*default)

§  Use WKFS proprietary language as a starting point for customization

ACH and Wire Transfers screen

This screen allowsusers to determineACH and Wire Transfersregulatory language.

ACH and Wire Transfers

Determine the ACH and Wire Transferslanguage by selecting one of the following:

§  Print WKFS proprietary language(*default)

§  Use WKFS proprietary language as a starting point for customization

Funds Transfers – Unlawful InternetGambling Notice screen

This screen allows users to includeregulatory language for the following:

§  Funds Transfers

§  UnlawfulInternet Gambling Notices

Funds Transfers

Determine the Funds Transfers language by selecting one of the following:

§  Print WKFS proprietary language(*default)

§  Use WKFS proprietary language as a starting point for customization

Unlawful Internet Gambling Notice

Determine the Unlawful InternetGambling Notice language by selecting one of the following:

§  Print WKFS proprietary language(*default)

§  Use WKFS proprietary language as a starting point for customization

International ACH Transactions

This screenallows users to include regulatory language for International ACH Transfers.

International ACH Transfers

Determine the International ACH Transferslanguage by selectingone of the following:

§  Print WKFS proprietary language(*default)

§  Use WKFS proprietary language as a starting point for customization

Questions and Answersabout Checking Accounts (For Minnesotaonly) screen

This screen allowsusers to determineif a question and answer section should exist withinthe policy.

Questions and Answers About Checking Accounts – (For Minnesota Only)

To include a QA sectionabout checking accounts section,click the Include Electronic Disclosures and Noticessection checkbox; select one of the following:

§  Print WKFS proprietary language(*default)

§  Use WKFS proprietary language as a starting point for customization

Electronic Disclosures and Notices/Additional Termsscreen

This screenallows users to determine regulatory language for the following:

§  Electronic Disclosures and Notices

§  Additional Terms

Electronic Disclosures and Notices

To add an electronic disclosures and notices section,click the Include Electronic Disclosures and Notices sectioncheckbox; select one of the following:

§  Print WKFS proprietary language(*default)

§  Use WKFS proprietary language as a starting point for customization

Additional Terms

To add additional terms, click the We have Additional Terms to add to the disclosure checkbox; enter the additional terms in the corresponding text box.

Notice Regarding Inaccurate Information

This screenallows users to determine regulatory language for the NoticeRegarding Inaccurate Information.

Regarding Inaccurate Information Notice

To add an inaccurate information noticessection, click the Disclosethe Notice Regarding Inaccurate Information alongwith these Terms and Conditions checkbox; select one of the following:

§  Print your organization’s name and addressfor the “NAME AND ADDRESS” screenor the “Alternate Information - Notice Regarding Inaccurate Information” address if it was enteredon the CHARTER screen.

§  Providecustom text.

Click OK to complete the Terms and Conditions policycreation process.The policy is now available to OPPSA users.

How Do I View and Manage the New Policy?

For information on displaying, editing, copyingor deleting policies,see Creating and Managing Policies, earlier in this section.