Personal Membership Terms and Conditions

1. General Membership Terms

This Agreement establishes the terms and conditions under which you, the individual (“Member”), may utilize the services and products (“Services”) offered by RMO. By accepting these terms, either through signing a document, electronically agreeing, or by use of RMO’s Services, you agree to be bound by this Agreement in its entirety.

2. Restriction of Services

RMO reserves the exclusive right, at its sole discretion, to limit, restrict, suspend, or terminate access to any and all of its Services without prior notice, except where legally prohibited from doing so.

3. Other Limitations of Services

Services may be limited or interrupted due to circumstances both within and outside of RMO’s control including, but not limited to, system outages, technical errors, capacity limitations, suspected or actual fraudulent activity, and legal obligations. RMO is not liable for any damages or losses resulting from such limitations.

4. Required IRS Information

Pursuant to federal law, each individual applying for membership must furnish RMO with a Taxpayer Identification Number (TIN), certify that this number is correct, and that they are not subject to backup withholding under penalty of perjury. Failure to provide the required information may result in withholding on interest or dividends and possible civil or criminal penalties.

5. Account Opening Requirements (Patriot Act)

To help the government fight the funding of terrorism and money laundering activities, U.S. Federal law mandates all financial institutions to obtain, verify, and record information that identifies each individual or entity that opens an account. This information includes name, date of birth (for individuals), physical address, and other identification details as required.

6. Rates and Fees Disclosure

The rates and fees applicable to your account are subject to change at RMO’s discretion. The current rates and fees schedule is available online on RMO’s website or upon request by contacting RMO directly. Continued use of RMO’s Services constitutes acceptance of any new rates or fees.

7. Joint Ownership Disclosure

For accounts held in joint ownership, each owner’s use of the Services is subject to these terms and conditions. All joint owners are jointly and severally liable for obligations arising from the use of the account and agree to be bound by these terms.

8. Survivorship Disclosure

Upon the death of a joint owner, the deceased owner’s interest in the account will pass to the surviving owner(s) under the rights of survivorship, subject to applicable laws and documentation provided to RMO.

9. Order of Transactions for Financial Accounts

RMO reserves the right to determine, at its discretion, the order in which transactions and payments are processed and applied to your account.

10. Change in Terms and Right of Assignment

RMO may change these terms at any time. Notification of significant changes will be provided to you as required by law. RMO also reserves the right to assign or transfer its rights and obligations under this Agreement to a third party without notice to you.

11. Verification and Correction of Transactions

It is your responsibility to review all account statements and transactions timely. Any discrepancies must be reported to RMO within a specified timeframe, failing which you may forfeit rights to adjustments or corrections.

12. Contractual Lien

RMO holds a contractual lien on all accounts held by the member as security for any outstanding debts or obligations owed to RMO by the member.

13. Request for Information

You agree to provide, upon request, any additional information required by RMO for account verification, compliance with legal obligations, or for any other legitimate business purpose.

14. Governing Laws and Liability

This Agreement and your membership are governed by applicable federal laws and the laws of the state in which RMO operates. RMO’s liability for any breach of this Agreement or other failure relative to the Services is limited as expressly provided in this Agreement.

15. Contact Methods

You agree that RMO may contact you via mail, electronic communications (email, SMS), or telephone in connection with your account and Services provided by RMO.

16. Right to Cure

RMO reserves the right to utilize available funds in any of your accounts to cure delinquent obligations, such as past due amounts or overdrafts, consistent with the agreements governing those accounts.

Business Membership Terms and Conditions

The Business Membership Terms and Conditions include all the aforementioned clauses applicable to Personal Membership Terms with the following distinctions and additional provisions:

Required IRS Information & Account Opening Requirement:

Business entities must provide their legal name, principal place of business, Employer Identification Number (EIN), and information about beneficial ownership and control structure in accordance with the Customer Due Diligence (CDD) requirements under the Patriot Act.

Rates and Fees Disclosure:

Business Accounts are subject to unique rate and fee schedules appropriate to the nature of business services and products utilized. These may include additional transaction, maintenance, and service-specific fees.

Joint Ownership and Survivorship Disclosure:

For Business Accounts, these terms affect all individuals with authorized access or signatory authority over the account, recognizing the legal structure and governance documents of the business.

Contractual Lien & Right to Cure:

RMO’s lien and right to cure apply to Business Accounts, where such actions may also impact operational capabilities and legal standings of the business under applicable laws.

Business Members must also ensure they understand and comply with the specific requirements and legal obligations relevant to their account categories and the nature of their business activities.