You should get a "Username and password do not match or you do not have an account yet." system message. You can see this message on this site, or our demo site
sourcecoast.com/jfbconnect/demo Just try typing anything into the boxes and hit submit.
If you're not seeing system messages, you're template may not be setup correctly. Try, temporarily, enabling the default Milkway template and see if you see the messages then. If so, you should contact your template provider about the issue.