FEES ASSOCIATED WITH OVERDRAFTS:  Your account will be charged a standard overdraft fee for each item that creates an overdraft, as follows:

  • Overdraft Item Fee                                       $30.00 per item
  • Return Item Fee                                                         $30.00 per item
  • OD Privilege Fee                                                        $30.00 per item
  • Daily Negative Balance Fee    $5.25 per day after 7th consecutive calendar day

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 services, 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 close your account.

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