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:
|• 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.