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
- Returned Item fee $30.00
- OD Privilege fee $30.00
- Daily Negative Balance Fee $5.25 per day after 5th 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, 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.