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 a previously returned item that continues to cause an additional overdraft. Charges are as follows:

• Courtesy Checking Overdraft Item Paid$30.00 per item
• 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, bank-imposed fee, point of sale transactions, mobile banking and online banking services.

TIME WHEN YOU MUST REPAY:
If your account remains overdrawn for 60 days, Farmers State Bank will charge off the balance and may close your account.

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

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