The First National Bank In Trinidad

The First National Bank In Trinidad, the First National Bank in Trinidad opened its doors on April 16, 1875, a year before Colorado was granted its statehood and the town of Trinidad incorporated. First National began a journey traveling and growing with the nation, the West, and Trinidad through the best and worst of times. Founded by local businessman and community leader, Frederick D. Wight, the bank began on the Santa Fe Trail with pioneers who blazed their way to the untamed West. It has ventured into the 21st century with a spirit not unlike the early pioneers.


The bank building, constructed in 1892, was designed by the architectural firm, Bulger and Rapp, and soon became a focal point in the downtown business district. It has since become an icon for the institution known today.

Those who have worked at The First National Bank over the years reflect a dedication to service and excellence, which has allowed the bank to be the strong institution needed to serve its community. The current caretakers, as well as those who have gone before them, are really only just passing through. It is the institution they have built, The First National Bank in Trinidad, which endures.


Since 1986, it has been a tradition for the bank to publish a Collector’s Series Calendar, which covers various topics of history from the area. These calendars have become a collectible item within the community and are eagerly anticipated each year. They have won numerous awards from Business in the Arts, Pikes Peak Advertising Federation, Colorado Business Committee for the Arts, The City of Trinidad, and the Trinidad Historical Society. First National prides itself in doing its small part in preserving the history of the area in an artistic fashion. Each year the calendar has a new theme and features either historic photographs or original artwork by local artists.

First National continues to strive to be a true “community” bank with customer service as its number one priority. The quarterly newsletter that they publish features area businesses, school vacation schedules, and a community schedule of events from the three-county area in Southern Colorado and Northern New Mexico. It, too, is well received by local residents. First National sponsors multiple events throughout the year in support of area schools, needy families, senior citizens, children and veterans.

Along with their hands-on customer service approach, they also offer the latest in banking services and technology. It’s what they like to call ‘High Tech-High Touch’ banking. First National’s commitment to strength and stability is the direct result of conservative values and responsible management. With five “brick and mortar” locations and eight ATM locations in Southern Colorado and Northern New Mexico, they strive to offer convenient service with a friendly smile. The First National Bank in Trinidad is a Member FDIC and equal housing lender.


Code of Ethics

Republic Trinidad Corporation & Subsidiaries

Houston, Texas

Code of Ethics Policy
General Policy Statement

We, the Board of Directors of Republic Trinidad Corporation (“Corporation”), adopt this Code of Ethics Policy to guide the directors, officers, and employees of the Corporation and its subsidiaries regarding the ethical standards that we expect these individuals to follow in their personal and business conduct. It is our intent to conduct our business according to the highest ethical standards to merit the complete confidence and trust of our customers, stockholders and the general public. The Corporation’s directors, officers, and employees must assume responsibility for their personal and business conduct so that it does not harm the Corporation’s reputation as a responsible financial services organization. Any deviation from or violation of the Code of Ethics shall be immediately disclosed to the Chairman of the Audit Committee, who shall report same to the Board of Directors.

Ethics Policy Requirements

Ethics Policy Statement of Purpose This code of ethics and the standards within are adopted to promote:
– Honest and ethical conduct, including the ethical handling of actual or apparent conflicts of interest between personal and professional relationships.
– Full, fair, accurate, timely, and understandable disclosure in the periodic reports required to be filed by the company.
– Compliance with applicable governmental rules and regulations.

Independence of the Audit Committee

A majority of the company and its subsidiary’s audit committee shall be independent directors. Members will be barred from accepting any consulting, advisory or compensatory fee from the corporation or any subsidiary, other than in the member’s capacity as a member of the board or any board committee.

Compliance with Laws and Regulations

We expect the directors, officers, and employees (collectively referred to as “Insiders”) of the Corporation and its subsidiaries to fully comply with the requirements of applicable laws and regulations. We expect the Corporation’s insiders to use good judgment and high ethical standards in their personal and business conduct. In addition, we expect those individuals to never willfully engage in illegal, dishonest, or unethical conduct.

Policy Administration

Each insider is responsible for being familiar with the Code of Ethics. Executive officers shall be responsible for appropriately advising the Corporation’s employees about the requirements of the Code of Ethics and monitoring subordinate staff for compliance.

Executive officers are responsible for implementing the Code of Ethics and taking appropriate corrective action where necessary. Any officer or employee violating provisions of the Code of Ethics may be dismissed from employment. Any director violating the provisions of this Code of Ethics may be subject to removal by the other directors and/or the stockholders.

Conflicts of Interest


A conflict of interest is defined as an insider’s involvement in outside businesses, which might either conflict with the insider’s duty to the Corporation or adversely affect the individual’s judgment in the performance of his or her responsibilities. Our policy prohibits corporate insiders from engaging in relationships and/or personal conduct that will conflict with the interests of the Corporation. In addition, we believe it is important to avoid even the appearance of a conflict of interest since this may damage the Corporation’s reputation.

Acceptance of Gifts

Insiders and their immediate family shall not solicit, accept, or retain a personal benefit from:
– Any Bank customer,
– Any individual or organization doing or seeking to do business with the Bank, or holding company

A personal benefit shall include any type of gift, gratuity, favor, service, loan, legacy (except from a relative), fee, compensation, or anything of significant monetary value.

Certain exceptions to this general rule may be acceptable if there is not, and there appears not to be, a reasonable likelihood of improper influence on the insider’s performance of his or her duties for the Corporation. The personal benefit may not exceed the value of the following:
– Normal business courtesies, such as a meal or entertainment, involving no more than ordinary amenities;
– Non-cash gifts of nominal value such as those received at holiday time or special occasions that represent expressions of friendship;
– Gifts based upon kinship, marriage, or social relationships entirely beyond and apart from any business relationship;
– Unsolicited advertising and promotional material of nominal value; and
– Awards given by charitable, educational, civic, or religious organizations for meritorious contributions or service.

Any insider receiving a personal benefit, other than for the exceptions listed above, must report the benefit to our holding company’s Chief Executive Officer (“CEO”) or other appropriate official as provided in the “Reporting Requirements” section of this Policy.

We recognize that federal law makes it a crime for any insider of a federally insured bank or bank holding company to ask, solicit, accept, receive, or agree to receive anything of value from anyone as part of any business transaction with the Bank. The Bank Bribery Act requires that the insider have a corrupt intent for this to be considered a crime. We also acknowledge that the penalty for violating this law is a fine, or imprisonment, or both. Any improper payment should be immediately reported to the holding company’s CEO or other appropriate official.

Political Contributions

The Bank is prohibited from making a contribution or expenditure in any federal or state election. We prohibit any insider from making any direct or indirect contribution of Bank funds or other Bank property for the election of any candidate for any political office. This prohibition includes the use of our Bank’s corporate facilities and equipment for any political activity.

The Bank may make a loan to a candidate for political office or a political action committee if the loan is made in the ordinary course of business and complies with the Bank’s Loan Policy.

An insider may participate in political activities as an individual, but not as a representative of the Bank. To avoid any misunderstanding, the insider may not use the Bank’s name or address in any political advertisement or campaign literature. Insiders may make personal contributions to candidates or political action committees as they so desire.

Civic and Charitable Activities

Insiders may participate in non-profit social, civic, or philanthropic activities. Each insider should notify the holding company’s CEO or other appropriate official if the insider must obtain prior approval to represent the Bank as part of these activities.

Outside Employment

We discourage Bank Officers from holding outside employment. A written request to the Bank’s CEO for prior approval is required in those cases where the officer believes it is justified. The CEO may not approve any outside employment or activity that might:
– Subject the Bank to criticism,
– Encroach upon regular working hours,
– Interfere with regular duties, or
– Necessitate such long hours that it affects the individual’s productivity.

Any other financial institution, except the holding company, may not employ the bank officers or employees. The CEO may not have any outside employment, except that he or she may also work for the holding company.

Personal Finances

Insiders should conduct their financial affairs in a manner that is above criticism. Insiders and their immediate families should borrow only from reputable organizations that regularly lend money. In addition, the insider’s borrowings must be based on the prevailing interest rate and not involve any type of preferential treatment. Bank executive officers who borrow from another bank or financial institution must report their indebtedness to the Bank within ten (10) days. For this purpose, Bank executive officers are only those policy-making officers specifically appointed by the Board. Bank officers and employees are not permitted to borrow money from their co-workers and should discuss any financial emergency with the CEO. Insiders may borrow money from relatives without restriction.

Bank officers and employees should not sign on customer’s accounts, act as deputy or co-renter of customer’s safe deposit boxes, or otherwise represent customers, except when the customer is related to the employee by blood or marriage.

Personal Investment Activity

Insiders may not engage in any investment transactions which create, or give the appearance of creating, a conflict of interest between the insider and the Bank or between the Bank and any customer. We do not believe it is possible to specifically list all of the possible conflicts of interest. However, we require that the following specific situations be avoided:
– Buying securities of a customer, supplier, borrower, or competitor since it may be construed as affecting the insider’s judgment that is exercised on the Bank’s behalf;
– Permitting a customer to arrange investments for the account of the insider or his or her immediate family;
– Investing in customer-sponsored businesses under circumstances that might create a conflict of interest or the appearance of a conflict; and making investments that parallel or anticipate investment action by the Bank.

Any Bank Insider who has a margin account with a broker or dealer in securities or commodities must report that information to the Bank’s CEO or other appropriate official.

Purchases of Bank Assets

Bank insiders, whether acting individually or in a fiduciary capacity, are not permitted to sell or purchase assets to or from the Bank or any estate being administered by the Bank without obtaining prior approval of the Bank’s CEO or other appropriate official. The bank insider is not required to obtain prior approval for any assets that the Bank is selling at a public sale or auction. However, Bank Insiders are prohibited from purchasing repossessed or foreclosed property from the bank.

Lending Practices

The Bank’s lending officers must use prudent lending guidelines as detailed in the Bank’s Loan Policy in making loans to Bank customers. The lending officer must justify any interest rate concessions based on the borrower’s creditworthiness and overall business relationship with the Bank.

Lending officers may not make credit recommendations for:
– Members of their families,
– Any individual or organization to which the officer or employee or his or her immediate family is indebted, or
– Any organization, which the insider or his or her immediate family is associated or hold a material financial interest.

Bank insiders may not grant any loan or gratuity to any federal or state bank examiner or employee working for the Bank’s auditing firm.

Loans to Directors and Executive Officers

All Loans to Insiders must comply with Regulation O and the Loans to Insiders Policy.

Advising Customers

Bank officers and employees must exercise care in discussing transactions with customers since the Bank may not practice law or give legal or tax advice. Consequently, Bank officers and employees must not say anything that may be interpreted as legal or tax advice.

Bank officers and employees must recommend several qualified sources if a customer asks about professional services, including attorneys, accountants, insurance agent, etc. We prohibit Bank officers and employees from specifically recommending anyone or any firm when a customer asks for advice regarding professional services. Rather, we believe the better practice is to provide the customer with a list of qualified sources from which to choose.

Borrowing from Customers

Insiders may not borrow from or extend credit to any customer or supplier of the Bank unless the customer or supplier is a recognized lending institution. Insiders should not cosign, endorse, or otherwise assume liability for the borrowings of any customer or prospective customer, except when the customer is related by blood or marriage.

Serving as an Individual Fiduciary

Bank officers and employees must request prior approval from the Bank’s CEO or other appropriate official before accepting appointment as a fiduciary or a co-fiduciary for a customer’s account. The only exception to this rule is that a Bank officer or employee may serve as a fiduciary for a member of his or her immediate family without obtaining prior approval of the CEO or other appropriate official. A Bank officer or employee may not receive a fee for acting as a co-fiduciary with the Bank unless specific prior approval is received.


We believe that it is essential to safeguard the confidential nature of customer financial information to our Bank’s reputation and the trust of the general public.

Customer Information

The First National Bank in Trinidad will be in compliance with GLBA (Graham-Leach-Bliley Act). Our policy is that customer confidential information acquired by any insider as a result of his or her activities on the Bank’s behalf must be held in the strictest confidence. The insider may only use this information for Bank-related purposes and not for personal gain. An insider may only release information regarding a customer to private persons, organizations, or governmental bodies with the customer’s written consent or appropriate legal process, such as a subpoena or court order. Insiders may not discuss confidential customer information with anyone outside the Bank. In addition, insiders may only discuss confidential customer information with insiders that have a legitimate business need to know. The Bank’s CEO or other appropriate official is responsible for reviewing any request for such information, including subpoenas and court orders.

Information Regarding the Holding Company

Insiders may not release financial or other information regarding the Bank or Corporation to any outside person or organization unless it has been made available to the public through authorized news releases or regulatory reports. Insiders must refer all news media inquiries to the holding company’s CEO or other appropriate official.

Miscellaneous Guidelines

Dealings with Competitors

Insiders must observe fair and ethical conduct in dealing with our competitors. We believe that it is inappropriate and unethical for our insiders to make disparaging remarks concerning our competitors. Our strategy is to emphasize the quality and competence of our directors, officers and employees in soliciting new customers. In addition, insiders are prohibited from working with competitors to set or control interest rates, prices, or marketing policies.

Exclusive Dealings

We do not require that a customer purchase other services from our Bank or prohibit the customer from dealing with our competitors as a condition to obtaining a loan or other banking services from our Bank.

Dealings with Auditors

Directors, officers and employees are required to fully cooperate with the internal auditing staff or any external auditing firms. We expect our directors, officers and employees to honestly and openly answer all questions asked by the auditors. Directors, officers and employees are prohibited from destroying any documents that may be necessary for any investigation by a federal or state governmental agency, or the auditors. In addition, directors, officers and employees may not destroy any document that is required to be kept under the Bank’s Record Retention Schedule.

Influence on External Auditors Prohibited

No officer or director, or any other person acting under their direction, shall take any action to fraudulently influence, coerce, manipulate or mislead any independent public or certified accountant performing an audit of the company’s financial statements, for the purpose of rendering such financial statements materially misleading. Any individual violating this policy shall be terminated from employment with the company or removed from the Board and may also be subject to fines and/or punishment under federal law.

Falsification of Books and Records

Our policy is to create records and accounts that accurately reflect the institution’s financial condition. Any officer or employee falsifying any books, records, or documents of the institution shall be dismissed from employment and prosecution recommended accordingly.

Outside Directorships

Officers and employees must obtain prior approval from the holding company’s CEO before accepting any offer to be a director of an outside corporation. These restrictions, however, do not apply to corporations that are closely held by the officer’s or employee’s family or involve a non-profit social, civic, religious, or philanthropic institution.

Business Opportunity Rightfully Belonging to the Holding Company

An insider must not take an opportunity, which rightfully belongs to the Corporation or its subsidiaries. The opportunity rightfully belongs to the Corporation or its subsidiaries in any case where the Corporation or its subsidiaries have been seeking a particular business opportunity. Insiders may not divert these rightful business opportunities to themselves or to others.

Prior Approval of Speeches and Statements

The CEO or other appropriate official must approve in advance any public statements, speeches, or interviews made on behalf of the Corporation or its subsidiaries.

Reporting Requirements

Insiders must use good judgment in deciding which corporate official to ask for prior approval or give required reports.


Locations / ATMs

Come see us some time!

Main Bank

100 E. Main St. Trinidad, CO 81082

Hours: 9 AM-5 PM Monday – Friday

Walk-in Branch with ATM access during business hours




2921 Toupal Dr. Trinidad, CO 81082


Walk-in branch with ATM Access during store hours


Huerfano County Branch

135 W. 6th Street Walsenburg, CO 81089

Hours: 9 AM – 5PM Monday – Friday

Drive-up/Walk-in Branch with 24/7 ATM access.



Trinidad Motor Bank

122 E. First St. Trinidad, CO 81082

Hours: 8:00 AM-6 PM Monday-Friday

8:30 AM – 12:30 PM Saturday

Drive Up/Walk-in Branch with 24/7 ATM Access


Raton Loan Production

1247 S. 2nd Street Raton, NM 87740


Walk-in branch


Huerfano County Motor Bank

135 W. 6th Street Walsenburg, CO 81089


8:30AM – 12:30PM SATURDAY

Drive-up Branch with 24/7 ATM Access


State Street ATM

Exit 14-A, West of McDonald’s

Hours: 24/7 Access

Drive-up/Walk-up ATM only



Dona Ana ATM

1299 S. 2nd Street Raton, NM 87740

Hours: 24/7 Access

Drive-up/Walk-up ATM only


La Veta ATM

101 S. Main St. La Veta, CO 81055

Hours: 24/7 Access

Drive-up/Walk-up ATM only


Statement of Condition

At the close of business – September 30, 2018

 Cash and non-interest bearing balances due from banks  $4,555,000
 Interest-bearing balances  $19,897,000
 Held-to-maturity securities  $25,000,000
 Available-for-sale securities  $47,662,000
 Federal funds sold  $0
 Total Cash Resources $97,114,000


Loans $97,262,000
     Less: Allowance for loan losses  $1,653,000
     Loans: Net of allowance $95,609,000
Accrued income $629,000
Bank building, furniture & parking lot $10,300,000
Other assets $8,291,000
Other real estate $592.000
Total Assets $212,535,000


Deposits $189,343,000
     Noninterest-bearing  $52,297,000
     Interest-bearing $137,046,000
Federal Funds Purchased $0
Other liabilities $157,000
 Total Liabilities $189,500,000


Common stock  $400,000
Surplus  $400,000
Undivided profit  $23,850,000
     Net unrealized gains (losses) on available-for-sale securities  ($1,615,000)
   Total Equity Capital $23,035,000
   Total Liabilities & Equity Capital  


Agreement for Online Banking


This Online Banking Agreement (the “Agreement”) governs each person (“you”, “your”) who uses The First National Bank in Trinidad’s (“we”, “us”, “our”) Online Banking Service, iBank, (“Service”, “iBank”) regardless of the method or means of access. It also contains important disclosure information relating to electronic funds transfers made through the Service. By subscribing to the Service or using the Service to access Account information, or to make any transfer between Accounts, you agree to the terms of this Agreement. Your use of any new Services that are made available shall indicate your acceptance of any terms and conditions that we communicate to you concerning the Services. Access to Account information, and transfers between Accounts are referred to as “Transactions”.


“Account(s)” mean the Checking, Money Market, Savings, or other Accounts owned by you and designated by you for access through the Service, including your designated Account for Transactions (“Payment Account”). In our sole discretion, we may refuse to include, or may exclude from continued use, an Account in the Service.

“Banking Day” means that part of any Business Day on which we are open to the public for carrying on substantially all of our banking functions.

“Business Days” are Monday through Friday, except federal holidays. You can use the Service 24-hours, 7-days-a-week, except during maintenance periods.

“Home Page” refers to the main website address.

We encourage you to keep this Agreement for your records. If you have any questions, ask an iBank Account Representatives for assistance.

Our relationship with you is regulated by state and federal law, including the Uniform Commercial Code, and regulations of the Federal Reserve System, other regulatory agencies and clearinghouse associations, hereinafter collectively referred to as “Law(s)”. These Laws, as well as the terms of the Agreement, may change from time to time without notice to you unless notice is required by Law. Your continued use of the Service following receipt of the Agreement or notice of a change is considered acceptance of the Agreement or change. Notice of a change may be made by mail or electronically. Other agreements that apply to your Accounts with us, including, but not limited to, The Deposit Account Agreement and Disclosure and Privacy Notice received when opening an Account, apply to all Transactions made on the Accounts through the Service and are incorporated by reference into this Agreement.

The importance of maintaining the confidentiality and privacy of the information provided by our clients is one of our highest priorities. Our clients’ information is collected and disclosed in accordance with the Bank’s Privacy Notice. You can review the Bank’s Privacy Notice on our website by clicking the Privacy Notice link on the Home Page. You should carefully review our Privacy Notice before you formally enroll in the Service.

Confidentiality and Security
We maintain physical, electronic, and procedural safeguards that comply with federal regulations to protect your personal and financial information. Our associates do not access your personal or financial information unless they have a business reason to have access to this information. On an ongoing basis we educate and train our associates on the importance of maintaining the confidentiality and security of your personal and financial information.

Privacy Information Specific to Internet Usage
1. We collect and store information about “hits” on our website for internal review purposes only. Such information may include the name of the domain from which you access the Internet, the date and time you access our website, and the Internet address of the website from which you linked to us. This information enables us to see how you use our website and keep our website user-friendly. 2. Our website does not require you to disclose any personally identifying information. However, if you do provide personal information, such as your mailing and email address, telephone and fax numbers, or demographic and client identification, we will not disclose, share, sell, or divulge your information. 3. In order to provide better service, we will occasionally use a “cookie.” A cookie is a small piece of information, which a website stores on your PC for later retrieval. The cookie cannot be read by a website other than the one that sent the cookie. None of the cookies will contain information that will enable anyone to contact you via telephone, email, or regular mail. In addition, web browsers can be set to inform you when cookies are set or to prevent cookies from being set. 4. We do not knowingly solicit information from children and we do not market specifically to children.

A Privacy Notice will be provided to each new client at the time the client relationship is established. Additionally, anyone may receive a copy of our Privacy Notice upon request or on our website by clicking the Privacy Notice link on the Home Page.

Protecting Online Applications
When you apply online for Accounts or Services, or enroll in the Service, you provide personal information that is necessary for us to process your application. We, along with the outside companies with which we work, may keep the information you provide to us, along with information we collect from outside sources, so that we can offer you Accounts and Services related to your financial needs.

Hypertext Links
You may access other websites that have been selected by the Bank from our website through a hypertext link. When leaving the Bank’s website through a hypertext link, the Bank cannot attest to the content or accuracy of information provided by these linked sites, and does not provide, endorse or accept responsibility for the product, service or overall content available on third party websites. These links are provided solely for client convenience and are only offered for your use at your own discretion.

How We Handle Email
We preserve the content of your email, your email address and our response in order to efficiently handle any follow-up questions, and to meet legal and regulatory requirements. For security purposes, your emails with sensitive or personal information should be sent to us through our Contact Us page. You may also contact us by phone, U.S. mail or by visiting your nearest banking center. See our Contact Us link for additional information about contacting us.

We are committed to making sure that the Service is safe and secure. With our security infrastructure in place, we are confident that access to your accounts is private and secure. We are unable to provide similar assurances for other websites. While we work to protect your banking privacy, you also play a role in protecting your Accounts. Only provide your User Code when your browser shows a secure connection directly to the Bank website.

Count on Our Commitment to your Privacy
You can count on us to keep you informed about how we protect your privacy and limit the sharing of information you provide to us – whether it’s at the Bank, over the phone or through the Internet. The Bank reserves the right to change the Bank’s Privacy Notice at any time.

Questions: If you have questions concerning the privacy of your information at the Bank, send an email to [email protected] or visit You may also call: The First National Bank in Trinidad at 719-846-9881. If you send email to us, please remember that email is not secure against interception. If your email contains information that is very sensitive or includes personal information such as your Account numbers, credit/debit card number, or social security number, please send the email through our Contact Us page.

Regardless of whether you are using a public computer, your own private computer, tablet, mobile device (i.e. smartphone), or any other device used to access your Account information or this Service (“Access Device(s)”); you are responsible for protecting the confidentiality of your User Code and Password. It is your responsibility to protect your Account information.

Passwords and/or Personal Identification Number(s) (“Access ID(s)”) are provided for your use and protection. You must change the Temporary Password and/or Access ID to a unique number at the time you first use the Service. You agree to: (a) not disclose the Password and/or Access ID or otherwise make it available to anyone else, including but not limited to consolidation sites, password keepers, third-party banking software; (b) use the Password and/or Access ID as instructed; (c) immediately notify us of any loss or theft of the Password and/or Access ID by means provided for in the Notification section of this Agreement; and (d) be liable for the Password and/or Access ID and for its authorized use and for its unauthorized use as described in this Agreement. Unless you notify us as provided in this Agreement, you acknowledge that we are entitled to rely on the use of your Password and/or Access ID as your authorization for any Transaction through the Service. You are responsible for all Transactions you initiate or authorize using the Service. If you permit any other person to use the Service or your Password and/or Access ID, you will have authorized that person to access your Accounts and you are responsible for all Transactions that person initiates or authorizes from your Accounts.

Internet connections can be insecure and may provide the opportunity for the unauthorized interception, diversion, access or disclosure of your private information. Access Devices are regularly subjected to attacks by third-parties attempting to obtain unauthorized access to your private information through malicious software, spyware or other electronic means. You are responsible for maintaining protection against unauthorized third-party access to your private information stored on or transmitted to and from your Access Device which you choose to use. Except as otherwise provided in our Deposit Account Agreement, we are not responsible for any loss, financial loss, injury or damage, whether direct or indirect, special or consequential, arising in any way out of the installation, use or maintenance of your Access Device or related software, including without limitation that use of any information obtained by a third-party from your Access Device by any means including that obtained by the use of any malicious computer code or program.

You agree that you are responsible for the security of your Access Devices and applicable software used in conjunction with the Services. You agree to adhere to reasonable security standards including, but not limited to, ensuring Access Devices and software security updates are applied in a timely manner, and using current anti-virus software and virus signatures to protect all Access Devices. You agree that you are responsible for maintaining backups of data files, report files and programs used in conjunction with the Services.

We provide commercially reasonable security including, but not limited to, the enforcement of User Codes, Passwords, and layered security; however, we are not responsible for unauthorized access to your Access Devices or for maintaining backups and contingency plans of your data files, report files and programs used in conjunction with the Services. We shall not be obligated to act on a communication not transmitted in accordance with the security procedures and guidelines as referenced in this Agreement if we reasonably doubt its authorization, contents, or origin. We use encryption technology to protect the integrity of your transactions with us. Even though this technology provides secure transaction processing, it is possible for unauthorized persons to gain access to your computer systems, networks, and any and all information stored therein. If unauthorized persons gain access to your personal information, you understand and agree that we are not responsible for any adverse consequences related to your connection to or use of the Internet. Furthermore, we are not responsible for any use by you of an Internet connection in violation of any law, rule, or regulation or any violation of the intellectual property rights of another.

We reserve the right to implement additional security including, but not limited to, limiting the frequency and dollar amount of Transactions from your Accounts and implementing new security technology as it becomes available in the industry.

Notify us immediately if your User Code, Password and/or Access ID have been lost or stolen. If you believe your User Code, Password and/or Access ID is subject to unauthorized use or that someone has transferred or may transfer money from your Account without your permission, call the telephone number listed in the Notification section of this Agreement.

Upon request, you may use the Service to:

Access your Accounts Online – You may obtain Account balances and Transaction information including access to your periodic statements for your Accounts.

Transfer funds between your Accounts – A request to transfer funds between Accounts may not result in an immediate transfer or immediate funds availability because of the time required to process the files. If there are not available funds in the Payment Account from which a transfer is being made at the time the transfer is processed, the transfer will be canceled and we will not make the transfer at a later date. You may schedule transfers for future dates.

Send electronic mail (email) to us and receive email from us – We may not immediately receive email that you send. We must have a reasonable opportunity to act, before taking action and responding to your email requests. You cannot use email to make a bill payment, Account inquiry or funds transfer. You may not use email to perform a stop payment, report unauthorized use of your Password and/or Access ID, or report an unauthorized Transaction. You must notify us in accordance with the Notification section of this Agreement.

There are no limitations on the number of Transactions that can be made during any time period to or from any Account, except as provided by federal regulations limiting pre-authorized transfers. By Law, you are limited to six (6) pre-authorized or automatic transfers or checks during any statement cycle or calendar month if the Account is a Money Market Deposit Account or a Savings Account. Online transfers between your Deposit Accounts are considered pre-authorized transfers.

The use of the Service(s) often requires the use of an internet browser or application. Not all browsers are supported. You are responsible for maintaining and using a supported browser or application to access the Service.

We will use reasonable efforts to provide information requested through the Service in a prompt fashion, but shall not be liable for temporary failure to provide timely information. If the Service is unavailable, you shall be responsible for carrying out banking business through alternative delivery channels. We shall not be liable for any inaccurate or incomplete information with respect to Transactions which have not been completely processed or posted to our system prior to being made available pursuant to the Service. Information with respect to all Transactions is provided solely for your convenience and we shall have no liability to you resulting from your use of such information.

All information provided to you prior to completion of our end-of-day processing is not final and is subject to change. Account balances and other information will be provided to you for the current day and past days. Images of items deposited to your Accounts and checks drawn on your Accounts will be made available for a period of time. Historical information for activity conducted via the Service will be made available to you for a period determined by the Bank.

No monthly or Transaction fees are incurred for use of the Service. Depending on the Access Device used to access Services, there may be costs associated with your third party provider. Check with your third party provider to make sure you understand any applicable charges.

Fees may be assessed for optional Services selected. We may change or add fees without notice unless required by Law. A current fee schedule can be obtained at any Bank office location. Fees in our Deposit Account Agreement also apply.

We may disclose information to third parties about your Account or the Transactions you make including:

    1. When it is necessary or helpful to enable you to use the Service for completing Transactions;
    2. In order to comply with government agency or court orders, or to give information to any governmental entity having legal authority to request such information;
    3. If you give us your written permission in a separate writing or through signing other Bank documents giving us permission, such as enrolling in Identity Theft Protection;
    4. To verify the existence and condition of your Account for a third party, such as a credit bureau or merchant;
    5. To persons who provide us with products or Services that help us furnish banking Services to you such as check printers, and appraisers;
    6. As permitted by our Privacy Notice; or,
    7. As required or allowed by the Law.

You will receive a monthly statement if you have an Account upon which checks or drafts may be drawn. You will receive a savings statement quarterly, unless there are electronic Transactions during the month. A savings statement will be provided monthly for Accounts with electronic Transactions.

You agree that we may respond to you by email with regard to any matter related to the Service, including responding to any claim of unauthorized electronic funds transfer that you make. Any such email sent to you by the Bank shall be considered received within 5 days of the date sent by us, regardless of whether or not you sign on to the Service within that time frame.

Contact us to report any of the following:

  • lost/stolen Password/Access ID notification;
  • if you believe your Password/Access ID is subject to unauthorized use;
  • errors or questions about your electronic Transaction;
  • terminate or to make changes to your Account; or
  • any other reason relating to this Service or your Account.

Write to us at:
The First National Bank in Trinidad, 100 E. Main St., Trinidad, CO 81082 or call 1-719-846-9881, or email [email protected]

Call or write to us as soon as possible if you think your statement, account or transaction information is wrong or if you need more information about a transaction listed on your statement or shown on the Service records. We must hear from you no later than sixty (60) days after we send the FIRST statement on which the problem or error appeared.

Notify us by calling 719-846-9881, 8:00 a.m. to 5:00 p.m. MST Monday through Friday, or write The First National Bank in Trinidad, P.O. Box 759, Trinidad, CO 81082, Attn: iBank Department or email us at [email protected].

  • Tell us your name and account number.
  • Describe the error or the Transfer you are unsure about, and explain as clearly as you can why you believe it is an error or why you need more information.
  • Tell us the dollar amount of the suspected error.
  • The date on which it occurred.
  • If you tell us orally, we may require that you send us your complaint or question in writing within ten (10) Business Days. If your complaint or error is with regard to a Consumer Account: We will tell you the results of our investigation within ten (10) Business Days (or twenty (20) Business Days if the transaction occurs while your account is a “new account” under Regulation E) after we hear from you and will correct any error promptly. If we need more time, however, we may take up to forty-five (45) calendar days (or ninety (90) calendar days for a transaction on a new account) to investigate your complaint or question. If we decide to do this, we will provisionally credit your account within ten (10) Business Days (or twenty (20) Business Days in the case of a transaction on a new account) for the amount you think is in error. You will have the use of the money during the time it takes us to complete our investigation. If we ask you to put your complaint or question in writing and we do not receive it within ten (10) Business Days (or twenty (20) Business Days in the case of a transaction on a new account), we may not provisionally credit your account. If we decide that there was no error, we will send you a written explanation within three (3) Business Days after we finish our investigation. You may ask for copies of the documents we used in our investigation.

    Unless finally determined by a court or arbitrator of proper jurisdiction to have been caused exclusively by our gross negligence or intentional misconduct, you agree to defend, indemnify and hold us, our officers, associates and agents harmless from any and all claims and costs arising in connection with your use of the Services furnished under this Agreement, and you further agree to defend, indemnify and hold us, our officers, associates and agents harmless from any and all claims and costs arising out of actions we take or omit in good faith in reliance upon instructions from you. You also agree to defend, indemnify and hold us harmless for failing to act on your instructions when we believe such actions would cause us to be exposed to civil or criminal liability. You agree that if we fail to properly complete a Transaction according to the Agreement, we will only be liable for your actual damages resulting from that failure (but in no event for more than the amount of the Transaction), and we will not be liable if circumstances beyond our control prevent the Transaction, or the funds in your Account are or may be subject to legal process or other claims. In the event that our liability is established for your actual damages, in no event will we be liable to you for special, consequential or punitive damages arising out of or in connection with the Services furnished under this Agreement, regardless of whether we may have been advised of the possibility of such damages unless required by applicable law. The limitations and exclusions in this paragraph apply to all claims of every kind, nature and description whether arising from breach of contract, breach of warranty, gross negligence or other tort, and will survive the termination of the Agreement and all of your business with us. Any action or proceeding by you to enforce an obligation, duty or right arising under the Agreement or by law with respect to your Account or any Service contemplated by the Agreement must be commenced against us within one year after the cause of action accrues. If we reimburse you for any losses or damages, you agree to transfer all of your rights relating to the Transactions in question to us and to assist us in any efforts or legal action that we may take to recover those amounts from any third party.

    You hereby release us from any liability and agree not to make any claim or bring any action against us for honoring or allowing any actions or Transactions where you have authorized the person performing the action or Transaction to use your Account(s) and/or the Service and/or you have given User Codes to such person, or, in the case of a jointly held Account such person is one of the owners of the Account. You agree to indemnify and hold us harmless from and against any and all liability (including but not limited to reasonable attorney fees) arising from any such claims or actions.

    You agree to promptly notify us in writing as directed in the NOTIFICATION section of this Agreement of any error in connection with any Service and any discrepancies between any records maintained by you and any notice you received from us with respect to the Service, and shall provide us with any information it may reasonably request in connection therewith. You also agree that your failure to promptly notify us of any such error or discrepancy may relieve the Bank from liability to you on Account thereof.

    Except as otherwise provided in the Agreement, all notices required to be sent to you will be effective when we deliver them to your last known mail or email address that we have for you in our records. You agree that we may send or provide by electronic communication any notice, communication, amendment or replacement to the Agreement, or disclosure required to be provided orally or in writing to you. You agree to receive any electronic messages sent to you and will not attempt to avoid receiving any messages. You are deemed to have received any electronic messages when they are sent to you. Except as otherwise provided in this Agreement, any notice that you send to us shall be effective five Business Days after our receipt of your notice.

    You may not assign the Agreement to any other party. We may assign the Agreement or delegate any or all of our rights and responsibilities under the Agreement to any third parties.

    No delay or omission by us in exercising any rights or remedies under the Agreement shall impair such right or remedy or be construed as a waiver of any such right or remedy. Any single or partial exercise of a right or remedy shall not preclude further exercise of any other right or remedy. No waiver shall be valid unless signed in writing by us.

    You understand that we reserve the right to amend this Agreement at any time by providing you notice of those amendments. We reserve the right to modify or discontinue this Service at our sole discretion. By using the Service after you have been notified of any amendment(s) that have been made, you are agreeing to the terms in the revised Agreement. You will be notified of any amendment or any change in a term or condition disclosed in the Agreement via email to the email address we have on file, or by any other method chosen by the Bank. The most current version of this Agreement is available within the Service.

    You may terminate your use of the Service at any time by notifying us at the address listed in the Notification section of this Agreement. We may terminate your use of the Service, in whole or in part, at any time without prior notice. Your access to the Service will be terminated automatically if the Account is closed, or access to the Account is restricted for any reason. If you terminate the Service, you authorize us to continue making transfers you have previously authorized until such time as we have had a reasonable opportunity to act upon your termination notice. Once we have acted upon your termination notice, we will make no further transfer or payment from your Account, including any transfer or payment you have previously authorized. If we terminate your use of the Service, we reserve the right to make no further transfers or payments from your Accounts, including any Transactions you have previously authorized. If you would like to transfer the Service to a different Account with us, you must provide advance written notice. Termination will not affect your liability or obligations under the Agreement.

    We may convert your Account to inactive status if you do not sign on to the Service or have any Transactions scheduled through the Service during any consecutive 180 day period. If your Service is converted to inactive, you must contact us to have the Service activated before you will be able to schedule any Transactions through the Service.

    The Agreement shall be governed by the Laws of the state in which your Accounts were opened and applicable Federal laws and regulations. If any provision of the Agreement is found to be invalid or unenforceable, the remaining provisions will remain in full force and effect.

    By selecting “Accept”, you agree that you have read and understood the terms and conditions set forth in this Agreement and you accept this Agreement without modification. By accepting this Agreement, you consent to the terms of the Service. You understand this agreement is effective at the date and time of the Bank’s receipt of this electronic Agreement and signature. If you do not agree to the terms and conditions of this agreement, you should select “Decline” and you will not be enrolled in this Service.


    The Agreement is the complete and exclusive agreement between you and The First National Bank in Trinidad relating to iBank, Online Banking Service. Additional terms and conditions may apply, and will be provided upon enrollment with Bill Pay, PopMoney, e-Statements, Person 2 Person Transfers, Account 2 Account, Mobile Deposit, or other services.