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:

  • Overdraft Item Fee
  • Returned Item Fee
  • OD Privilege Fee
  • Daily Negative Balance Fee
  • $30.00
  • $30.00
  • $30.00
  • $5.25 per day beginning on the 7th consecutive calendar day overdrawn
  • 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, bank-imposed fee, point of sale transactions, mobile banking and online banking services.

TIME WHEN YOU MUST REPAY:


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


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