Terms of Service

1. Introduction

These Terms of Service ("Terms") constitute a legally binding agreement between you ("Client," "you," or "your") and Titan Financial Group ("the Bank," "we," "us," or "our"), a registered Commercial Bank under the Commercial Standards Act and a wholly-owned subsidiary of Titan Group LLC.

By opening an account, applying for a loan, or otherwise using any banking services provided by Titan Financial Group, you acknowledge that you have read, understood, and agree to be bound by these Terms in their entirety.

These Terms are designed to comply with the Contracts Act of the Commonwealth of Redmont and all applicable regulations promulgated by the Department of Commerce.

2. Capacity

In accordance with Section 4 of the Contracts Act, all parties entering into a banking agreement with Titan Financial Group must possess the legal capacity to do so.

Specifically, all clients must have a minimum of 6 hours of server playtime to be eligible to open an account or enter into any financial agreement with the Bank. This requirement ensures that all parties have sufficient familiarity with the Commonwealth and its legal framework.

The Bank reserves the right to verify your playtime and may decline to enter into an agreement if the capacity requirement is not met.

3. Deposit Account Terms

Titan Financial Group offers deposit accounts including Savings Accounts and Checking Accounts. The following terms apply to all deposit accounts:

• Deposits: Funds deposited into your account are held by the Bank and credited to your account balance. The Bank maintains records of all deposits and these records are available to you upon request.
• Interest: Interest is calculated on your account balance at the rate specified for your account type. Current rates are displayed on our Services page. Interest is credited monthly.
• Withdrawals: You may withdraw funds from your account subject to any applicable limitations for your account type. Savings accounts may have withdrawal frequency limitations. Checking accounts permit unlimited withdrawals.
• Account Closure: You may close your account at any time. Upon closure, any remaining balance will be returned to you. Outstanding obligations (such as loan repayments) must be settled before or at the time of closure.

4. Loan Terms

Titan Financial Group offers personal and business loans. The following terms apply to all loan agreements:

• Loan Approval: All loans are subject to approval by the Bank. The Bank assesses each application based on the applicant's financial standing, the purpose of the loan, and any collateral offered.
• Repayment: Loans must be repaid in accordance with the repayment schedule agreed upon at the time of loan issuance. Repayment is typically made in monthly installments comprising both principal and interest.
• Collateral: The Bank may require collateral for certain loans, particularly for larger amounts. Collateral requirements will be clearly stated before the loan agreement is executed.
• Default: If you fail to make payments as agreed, the Bank may declare the loan in default. In the event of default, the Bank reserves the right to pursue collection through good faith negotiation, and if necessary, through the courts of the Commonwealth. If collateral was pledged, the Bank may seek to claim the collateral.
• Prepayment: You may prepay your loan in full or in part at any time without penalty.

5. Interest Rates

Interest rates on deposit accounts and loans are set by Titan Financial Group and may be adjusted from time to time at the Bank's discretion, subject to applicable regulations.

Current interest rates are published on our Services page and are effective as of the date shown. The Bank will provide reasonable notice to existing account holders before any rate changes take effect.

For loans, the interest rate agreed upon at the time of loan issuance shall remain fixed for the duration of that loan unless otherwise specified in the individual loan agreement.

6. Good Faith

In accordance with Section 12 of the Contracts Act, all parties to any agreement with Titan Financial Group agree to act in good faith and in a fair manner.

This means that both the Bank and the Client will deal honestly and fairly with each other, will not seek to exploit ambiguities in these Terms to the detriment of the other party, and will make reasonable efforts to resolve any issues or misunderstandings that may arise during the course of our banking relationship.

The Bank commits to applying this good faith principle in all aspects of its operations, including but not limited to account management, loan processing, dispute resolution, and fee assessment.

7. Dispute Resolution

In accordance with Section 11 of the Contracts Act, any dispute arising out of or relating to these Terms, or the banking services provided by Titan Financial Group, shall be resolved as follows:

• Step 1 -- Good Faith Negotiation: The parties shall first attempt to resolve the dispute through good faith negotiation and direct communication. Both parties agree to make a genuine effort to reach a mutually acceptable resolution.
• Step 2 -- Courts of the Commonwealth: If good faith negotiation fails to resolve the dispute, either party may bring the matter before the courts of the Commonwealth of Redmont for adjudication.

8. Severability

In accordance with Section 10 of the Contracts Act, if any provision of these Terms is found to be invalid, illegal, or unenforceable by a court of competent jurisdiction, the remaining provisions shall continue in full force and effect.

The invalid or unenforceable provision shall be modified to the minimum extent necessary to make it valid and enforceable, while preserving the original intent of the parties as closely as possible.

9. Force Majeure

Neither party shall be liable for any failure or delay in performing its obligations under these Terms if such failure or delay results from circumstances beyond the reasonable control of the affected party, including but not limited to server outages, natural disasters, governmental actions, or other events constituting force majeure.

10. Limitation of Liability

To the maximum extent permitted by the laws of the Commonwealth of Redmont, Titan Financial Group's liability to any Client shall be limited to the actual direct damages suffered, not to exceed the total amount of funds held in the Client's account(s) at the time the claim arose.

The Bank shall not be liable for any indirect, incidental, special, consequential, or punitive damages arising out of or relating to these Terms or the use of our banking services, except where such limitation is prohibited by applicable law.

Nothing in this section shall limit the Bank's obligations to act in good faith as described in Section 6 of these Terms.

11. Amendments

Titan Financial Group reserves the right to amend, modify, or update these Terms at any time. When changes are made, the Bank will:

• Update the "Last Updated" date at the top of this document.
• Make reasonable efforts to notify affected clients of material changes, including through in-game communication, forum posts, or Discord announcements.
• Provide a reasonable period for clients to review changes before they take effect, except where immediate implementation is required by law or regulation.

Continued use of Titan Financial Group services after the effective date of any amendments constitutes your acceptance of the revised Terms.

12. Privacy & Data Handling

Titan Financial Group is committed to protecting the privacy and security of your personal and financial information. This section describes how we collect, use, and safeguard your data.

• Information We Collect: We collect only the information necessary to provide banking services, including your Minecraft username, account balances, transaction history, and loan records.
• How We Use Your Information: Your information is used solely for the purpose of managing your accounts, processing transactions, servicing loans, and fulfilling our regulatory reporting obligations to the Department of Commerce.
• Data Security: We implement appropriate security measures to protect your personal and financial data from unauthorized access, disclosure, alteration, or destruction. Passwords are stored using industry-standard cryptographic hashing and are never stored in plain text.
• Data Sharing: We do not sell, trade, or rent your personal information to third parties. We may disclose information when required by law, regulation, or order of the courts of the Commonwealth, or as required for Department of Commerce audits and regulatory examinations.
• Data Retention: Financial records and transaction histories are retained in accordance with regulatory requirements. You may request a copy of your personal data at any time by contacting us through the channels listed below.

13. Contact

If you have questions about these Terms, your account, or any banking services provided by Titan Financial Group, you may reach us through the following channels:

You may also visit our About page for additional information about Titan Financial Group, including our regulatory status and company docket.