Consent to Electronic Signature and Delivery

  1. Definitions – “you” and “your” means the person signing this Consent. “Electronic Signature” means a digitized image of your handwritten signature. “Sign” means to apply your signature. “We”, “our” and “us” means Peoples Bank (the “Bank”), a state charted commercial bank with principal headquarters in Newton, North Carolina.
  2. By signing this Consent to Electronic Signature and Delivery (“Consent”) with your Electronic Signature, you agree that you have received, reviewed, agree to and intend to sign each document applicable to the opening or maintenance of your Peoples Bank account with an Electronic Signature, which documents are listed in Section 3 below in bold. You agree that the Electronic Signature is your valid signature. You agree that the signed electronic document(s) will be as legally enforceable as a paper document that was signed in ink. You will use the electronic signature device that Peoples Bank provides to create your Electronic Signature. You agree that your Electronic Signature will be added to documents, listed in Section 3 below in bold, that require a signature (including this document). This Consent is only effective for the documents that are part of this account opening or maintenance transaction. The following is a list of documents that your signature may be applied to as needed to complete this transaction:
  3. The list of documents to which your Electronic Signature may be added is as follows: Signature Card, Resolution, Safe Deposit Box Agreement, Request to Reactivate Dormant Account, CD Redemption/Withdrawal Form, Automatic Transfer Authorization, Authorization for External Transfer, Debit Card, A-9, Peoples Bank Overdraft Repayment Plan Automatic Funds Transfer Authorization, Agent's Certification of Power of Attorney, Deposit Name Affidavit, Affidavit of Lost Instrument, Check Affidavit, W8 BEN, W9, Health Savings Account Application, Health Savings Account Rollover Review, Request for Transfer to a Health Savings Account, Health Savings Account Designation or Change of Beneficiary Form, Health Savings Account Form, IRA Rollover or Conversion Review for Traditional, Roth, and Simple IRAs, Request for Transfer or Conversion to an IRA for Traditional, Roth, and SIMPLE IRAs, Request for Direct Rollover to a Traditional IRA, IRA Election of Payment by Beneficiary for Traditional, Roth, and SIMPLE IRAs, IRA Distribution Form for Traditional, Roth, and SIMPLE IRAs, IRA Designation or Change of Beneficiary Form for Traditional, Roth, and SIMPLE IRAs, IRA Contribution Instructions for Traditional, Roth, and SIMPLE IRAs, Traditional Beneficiary IRA Application, Roth Beneficiary IRA Application, Traditional IRA Application, Roth IRA Application, IRA Required Minimum Distribution (RMD) Election Form for Traditional (including SEP) and SIMPLE IRA Owners, Business Mastercard Debit Card Agreement.
  4. The Consent to Electronic Delivery applies to all required statements, disclosures, agreements and other documents regarding all accounts you have or will open with Peoples Bank and is effective until withdrawn by you. This will apply to all accounts with like ownership(s) and address(es). Your agreement to accept disclosures, agreements and other documents (“Account Documents”) electronically means that once the Bank presents them to you, and you click to accept them, they will apply to these accounts.
  5. In order to open an account at, you must accept electronic delivery of the Deposit Account Terms and Conditions and the other Account Documents, and all future changes to those documents will be delivered to you and entered into electronically. You also agree to accept electronic delivery of other documents or disclosures to include, but not limited to: (1) Terms and Conditions and other Account-opening Documents, (2) Preauthorized electronic funds transfer authorizations and confirmations, (3) Notices about the maturity and renewal of your time deposit account, (4) Account Statements, (5) Notices regarding changes in account terms and fees, (6) Any other disclosures that we are required to provide, (7) Year-end tax information (such as IRS Form 1099-INT), (8) Annual notices such as our Privacy Policy, and (9) Notices related to any dispute you might raise under the Electronic Funds Transfer Act (availability may vary), and (10) Deposit account notices.
  6. In addition, you agree that your computer system meets the hardware and software requirements stated below, and that you will promptly notify the Bank of any change in your e-mail address and/or physical address, by either (1) e-mailing us at, or (2) calling Peoples Bank at: (877) 802-1212, or (3) writing to: Peoples Bank, Customer Service Center, P O Box 467, Newton, NC 28658
  7. To access and retain the Account Documents, you must (1) have a computer with sufficient electronic space to view, store or print as needed, the Account Documents, (2) have Internet access through an Internet service provider [ISP], (3) have an Internet web browser which is capable of supporting 128 bit or better encryption like Microsoft Edge or Google Chrome. We strongly recommend use of the most current, fully patched, versions of Internet browsers, (4) have software which permits you to receive and access Portable Document Format [PDF] files such as Adobe Acrobat Reader and use the latest software version, (5) have access to a printer and/or other storage medium such as a hard drive for downloading information or printing Account Documents and this Consent, (6) have an external e-mail account with an ISP and e-mail software address for the delivery of electronic notices and disclosures, (7) maintain fully updated anti-virus protection on your computer at all times.
  8. For electronic statement delivery, you agree to allow 7-10 business days for enrollment. You will receive an e-mail notification when the enrollment is complete, when the next statement is available, or when a notice is available for retrieval in Online Banking. You may then save or print it. If you do not receive your electronic statement, you may request a paper statement at no charge for up to 30 days after the statement date. After this time period, any request will be subject to the charges noted on the Schedule of Fees.
  9. You may ask for paper copies of the Account Documents, by contacting us as provided above, and the Bank may charge a reasonable service charge for the delivery for each Account Document you request while your consent for electronic delivery is in effect, or after you withdraw your consent. Fees will be applied to your primary account.
  10. You may withdraw your consent to receive Account Documents electronically; this will not affect the legal effectiveness, validity, or enforceability of Account Documents that you accepted electronically prior to your withdrawal. However, if you withdraw your consent for any reason (including changes in computer hardware or software required), the Bank will discontinue your electronic account services and the Bank may change the deposit account product you are using (please see Section 11 for other potential consequences resulting from your withdrawal of consent). To withdraw your consent, you can call Peoples Bank at (877) 802-1212 or via Online Banking. The Bank may take up to 3 business days to process your request.
  11. If you withdraw your consent or fail to give us an updated or corrected e-mail address, the Bank may also close any account opened through or which requires electronic delivery as a feature and mail the balance in your account to the last known mailing address and/or transfer the funds in any such account to another similar type of deposit account that the Bank offers at that time through its usual retail channels. The Bank, in its sole discretion, may in decide what type of account is similar to your existing account. This replacement account may pay a lower rate of interest, have a lower Annual Percentage Yield, higher fees, and/or have a different maturity date (if applicable). In addition, if your account is a time deposit account, an early withdrawal penalty may apply if the account is closed before its maturity date. Your Electronic Consent to these terms and conditions is legally binding. Any transactions made to this account, whether by you or someone else, or electronic disclosures concerning it, are governed by this consent.
  12. You will ensure the confidentiality of your password and you agree to indemnify, defend, and hold harmless, the Bank and its successors, assigns, affiliates, officers, employees, directors, and agents against any loss, claims, damages, judgments, awards, legal obligations, costs or expenses, including, without limitation, attorney’s fees and expenses based upon, arising out of, or related in any way to the Bank honoring this request.