Additional Overdraft Disclosure

Additional Overdraft Disclosure


FEES ASSOCIATED WITH OVERDRAFTS:
Your account will be charged a standard overdraft fee for each item that creates an overdraft, including any re-presentment of an item that continues to cause an overdraft. Charges are as follows:

• Overdraft Item fee$30.00
• Returned Item fee$30.00
• OD Privilege fee$30.00
• Daily Negative Balance fee$5.25 per day beginning on the 7th consecutive calendar day overdrawn

TYPES OF TRANSACTIONS THAT MAY CAUSE AN OVERDRAFT:
An overdraft balance may be created by check, in-person withdrawal, ACH debit, ATM transaction, debit card transactions, point of sale transactions, mobile banking and online banking services.

If your account has had no deposit activity within a 60 day period and has a negative balance, Farmers State Bank may close your account.

Payment of any overdrafts will continue to be at the discretion of Farmers State Bank.

Comments are closed.