Common use of Overdraft Privilege Service Clause in Contracts

Overdraft Privilege Service. This is a non-contractual service we provide on eligible consumer and non-consumer checking accounts for overdraft coverage. The Overdraft Privilege Service does not constitute either a written agreement of an obligation or a prearranged agreement for First Bank to pay overdrafts, and we may withdraw thisprivilege and cease paying overdrafts at any time, without prior notice of a reason or cause. First Bank may limit participation to one account with Overdraft Privilege Service based on account ownership, taxpayer identification number, or something similar. Payment of anoverdraftwillcontinueto beatthediscretionof FirstBank,andpaymentof an overdraftdoesnotobligateus topayfutureoverdrafts. Eligibility-Consumer Account. For your consumer account to be initially eligible, it must be open for 30 calendar days, and you must not have any First Bank loans that are 45 days or more past due. Your account will maintain its eligibility if it has a positive end-of-day Ledger Balance at least once every 30 calendar days (including the payment of all bank fees and charges); you avoid excessive overdrafts suggesting the use of the Overdraft Privilege Service as a continuing line of credit; you do not have a loan with us that is past due 45 days or more or charged off; you do not have a deposit account with us that is closed by us or charged off; and there are no legal orders, garnishments, levies, or liens against your account. Once eligible, you are provided with an Overdraft Privilege Limit of $750, and as long as you maintain the eligibility of your account, we may approve your overdraft items within your current available Overdraft Privilege Limit as a non-contractual courtesy.

Overdraft Privilege Service. This is We offer a non-contractual discretionary overdraft service we provide (Overdraft Privilege) to cover overdrafts on eligible consumer and non-consumer your checking accounts for overdraft coverageaccounts. The Overdraft Privilege Service does not constitute either a written agreement of an obligation or a prearranged agreement for First Bank service is offered to pay overdraftseligible business checking account owners, who qualify and we may withdraw thisprivilege and cease paying overdrafts at any time, without prior notice of a reason or causeremain in good standing with the Credit Union. First Bank may limit participation to one account with The Credit Union provides the Overdraft Privilege Service based on account ownershipProgram as an accommodation to you and is not obligated to do so, taxpayer identification number, or something similareven when it has done so in the past. Payment of anoverdraftwillcontinueto beatthediscretionof FirstBank,andpaymentof an overdraftdoesnotobligateus topayfutureoverdraftsYou do not apply for this service. Eligibility-Consumer Account. For your consumer account to To be initially eligible, it must be open eligible for 30 calendar days, and the Overdraft Privilege Program you must meet all of the following criteria: • Must be a member in good standing; • Must make regular deposits sufficient to cover transactions; • You have no levies or administrative or legal orders on the account; • You have not caused the Credit Union to incur a loss; and • You do not have any First Bank loans with the Credit Union that are 45 more than fifteen (15) days or more past due. Your By participating in the program, the Credit Union may honor overdrafts, including checks, automated (ACH) debits, ATM withdrawals, point of-sale (POS) transactions, VISA Debit Card transactions, in person withdrawals, and other electronic means. Unless the Credit Union currently has your affirmative consent to participate in Overdraft Extended Coverage, we will not approve your overdrafts for ATM withdrawals and VISA Debit Card transactions .You must tell us you want overdraft coverage for these transactions. To request Overdraft Extended Coverage for your ATM withdrawals and VISA Debit Card purchases, you may call us; or complete and sign the Overdraft Consent Form and return it to the Credit Union. The Credit Union will provide you with written confirmation of your enrollment choice. When an overdraft is covered, the account will maintain its eligibility if it has a positive end-of-day Ledger Balance at least once every 30 calendar days (including be taken negative by the payment dollar amount of all bank fees and charges); you avoid excessive overdrafts suggesting the use overdraft plus the amount of the Overdraft Privilege Service as a continuing line fee. If we honor multiple overdrafts we may honor them in any order at the Credit Union's option or return any such items. The maximum dollar amount of credit; overdrafts the Credit Union will cover for each Member is $700, including the Overdraft Privilege fee. When the Credit Union honors overdraft items, you do must deposit funds immediately, but in no case more than thirty-two (32) days from the date of the notice sent to you. If you fail to cover the total overdraft amount within thirty-two (32) days, the Credit Union may pursue all collection options available to it. The Credit Union may, but is not have a loan obligated to, transfer funds from your other accounts with us that is past due 45 days or more or charged off; you do not have a deposit account with us that is closed by us or charged off; and there are no legal orders, garnishments, levies, or liens against your accountto cover the overdraft. Once eligible, you are provided with an The Overdraft Privilege Limit Program fee is a flat fee charged regardless of $750, the amount the account is overdrawn and as long as you maintain will be charged for each overdraft item presented and paid by the eligibility of your account, we may approve your overdraft items within your current available Credit Union. The charge for Overdraft Privilege Limit as Service is described in our Fee Schedule. The Credit Union will send you a non-contractual courtesynotice for each item covered by the Overdraft Privilege service. The Overdraft Privilege Program service is a discretionary privilege offered to Members and not a right of membership. The Credit Union encourages you to properly maintain your accounts with us. You agree that the Credit Union will not be held liable for either paying or refusing to pay any overdraft item. The Credit Union reserves the right to discontinue this service at any time without any notice. You may terminate the Overdraft Extended Service by notifying us at any time. You also agree to the terms and conditions of the Overdraft Privilege Coverage Disclosures, which are incorporated herein.

Overdraft Privilege Service. This In our ongoing effort to provide excellent customer service, we will approve your reasonable overdrafts up to $500.00 as long as your account is in good standing*. We retain the right to do so at our discretion and not as an obligation to you. When your account qualifies for this service you will be notified in writing, at which time you may also opt into Overdraft Privilege Plus. When opting into Overdraft Privilege Plus, you can have your one-time ATM and Point-of-service (POS) purchases paid into overdraft status by the overdraft program. Once your account qualifiles for Overdraft Privilege a qualifying packet will be sent to you with the necessary information and opt-in notice to sign and return. Overdraft Privilege will pay checks and other preauthorized debits presented against your account. Debit transactions will generally be honored up to a maximum of $500.00 beyond the current available balance per account. Overdraft Privilege will not authorize the completion of in-person check cashing. ATM withdrawals, or one-time Debit Card purchases will not be authorized unless you have opted into Overdraft Privilege Plus authorizing us to pay these items into overdraft status. A NSF Charge and an additional Daily Overdraft Fee (for each day that your account is overdrawn, beginning on the 4th consecutive day), as set forth in our Service Fee List, will be assessed to your account. An NSF Charge will not be charged if the account is overdrawn by $6.00 or less. There is a non-contractual maximum daily amount of NSF Charges and Daily Overdraft Fees which will be charged to your account as listed on the service fee list. Our fees will be added to any outstanding overdraft account balance you may have and will increase the amount you owe the Bank. We reserve the right to lower the Overdraft Privilege limit as circumstances warrant. Whether your overdrafts will be paid is discretionary and we reserve the right not to pay. For example, we typically do not pay overdrafts if your account is not in good standing, or you are not making regular deposits, or you have chronic overdrafts. If we do pay any presented NSF item, we are not obligated to provide on eligible consumer and non-consumer checking accounts for overdraft coverageprior written notice of our decision to refuse payment of any additional NSF item(s). The same per item NSF Charge as listed on the Service Fee List will be charged when NSF items are returned unpaid. We sort items for processing first by transaction type in the following order: debit card transactions, preauthorized debit transactions, telephone initiated transfers, other electronic transactions and paper-based checks or drafts. Within transaction types, items are processed in order of dollar amount from lowest to highest. You agree to pay us overdraft and applicable fees for overdrafts created by check and preauthorized debits. You agree to pay us overdraft and applicable fees for overdrafts created by ATM withdrawals and one-time Debit Card transactions when you have opted into Overdraft Privilege Service does not constitute either a written agreement of an obligation or a prearranged agreement for First Bank Plus authorizing us to pay overdraftsthese items into overdraft status. You and all signers on your account are responsible for paying any overdraft amounts. You agree to do so immediately and without notice or demand from us. If you do not want Overdraft Privilege or Overdraft Privilege Plus associated with your account, and we may withdraw thisprivilege and cease paying overdrafts want to have us return all NSF items unpaid, contact us immediately at any time, without prior notice of a reason or cause. First Bank may limit participation to one account with Overdraft Privilege Service based on account ownership, taxpayer identification number, or something similar. Payment of anoverdraftwillcontinueto beatthediscretionof FirstBank,andpaymentof an overdraftdoesnotobligateus topayfutureoverdrafts. Eligibility(000) 000-Consumer Account. For your consumer account to be initially eligible, it must be open for 30 calendar days, and you must not have any First Bank loans that are 45 days or more past due0000. Your account will maintain its eligibility be charged all fees associated with NSF items, including the daily overdraft fee if it applicable, whether the item is returned or paid. *Eligible Account Type: Checking Accounts in good standing, which may include any or all of the following criteria: (1) Your account has a positive end-of-day Ledger Balance been open at least once every 30 calendar days (including the payment of all bank fees and charges); you avoid excessive overdrafts suggesting the use of the Overdraft Privilege Service as a continuing line of credit; you do not have a loan with us that is past due 45 days or more or charged off; you do not have a deposit account with us that is closed by us or charged off; and there are no legal orders, garnishments, levies, or liens against your account. Once eligible, you are provided with an Overdraft Privilege Limit of $750, and as long as you maintain the eligibility of your account, we may approve your overdraft items within your current available Overdraft Privilege Limit as a non-contractual courtesy.sixty

Overdraft Privilege Service. This In our ongoing effort to provide excellent customer service, we will approve your reasonable overdrafts up to $500.00 as long as your account is in good standing*. We retain the right to do so at our discretion and not as an obligation to you. When your account qualifies for this service you will be notified in writing, at which time you may also opt into Overdraft Privilege Plus. When opting into Overdraft Privilege Plus, you can have your one-time ATM and Point-of-service (POS) purchases paid into overdraft status by the overdraft program. Once your account qualifiles for Overdraft Privilege a qualifying packet will be sent to you with the necessary information and opt-in notice to sign and return. Overdraft Privilege will pay checks and other preauthorized debits presented against your account. Debit transactions will generally be honored up to a maximum of $500.00 beyond the Overdraft Privilege balance per account. Overdraft Privilege will not authorize the completion of in-person check cashing. ATM withdrawals, or one-time Debit Card purchases will not be authorized unless you have opted into Overdraft Privilege Plus authorizing us to pay these items into overdraft status. A NSF Charge and an additional Daily Overdraft Fee (for each day that your account is overdrawn, beginning on the 4th consecutive day), as set forth in our Service Fee List, will be assessed to your account. An NSF Charge will not be charged if the account is overdrawn by $6.00 or less. There is a non-contractual maximum daily amount of NSF Charges and Daily Overdraft Fees which will be charged to your account as listed on the service fee list. Our fees will be added to any outstanding overdraft account balance you may have and will increase the amount you owe the Bank. We reserve the right to lower the Overdraft Privilege limit as circumstances warrant. Whether your overdrafts will be paid is discretionary and we reserve the right not to pay. For example, we typically do not pay overdrafts if your account is not in good standing, or you are not making regular deposits, or you have chronic overdrafts. If we do pay any presented NSF item, we are not obligated to provide on eligible consumer and non-consumer checking accounts for overdraft coverageprior written notice of our decision to refuse payment of any additional NSF item(s). The same per item NSF Charge as listed on the Service Fee List will be charged when NSF items are returned unpaid. We sort items for processing first by transaction type in the following order: debit card transactions, preauthorized debit transactions, telephone initiated transfers, other electronic transactions and paper-based checks or drafts. Within transaction types, items are processed in order of dollar amount from lowest to highest. You agree to pay us overdraft and applicable fees for overdrafts created by check and preauthorized debits. You agree to pay us overdraft and applicable fees for overdrafts created by ATM withdrawals and one-time Debit Card transactions when you have opted into Overdraft Privilege Service does not constitute either a written agreement of an obligation or a prearranged agreement for First Bank Plus authorizing us to pay overdraftsthese items into overdraft status. You and all signers on your account are responsible for paying any overdraft amounts. You agree to do so immediately and without notice or demand from us. If you do not want Overdraft Privilege or Overdraft Privilege Plus associated with your account, and we may withdraw thisprivilege and cease paying overdrafts want to have us return all NSF items unpaid, contact us immediately at any time, without prior notice of a reason or cause. First Bank may limit participation to one account with Overdraft Privilege Service based on account ownership, taxpayer identification number, or something similar. Payment of anoverdraftwillcontinueto beatthediscretionof FirstBank,andpaymentof an overdraftdoesnotobligateus topayfutureoverdrafts. Eligibility(000) 000-Consumer Account. For your consumer account to be initially eligible, it must be open for 30 calendar days, and you must not have any First Bank loans that are 45 days or more past due0000. Your account will maintain its eligibility be charged all fees associated with NSF items, including the daily overdraft fee if it applicable, whether the item is returned or paid. *Eligible Account Type: Checking Accounts in good standing, which may include any or all of the following criteria: (1) Your account has a positive end-of-day Ledger Balance been open at least once every 30 calendar days (including the payment of all bank fees and charges); you avoid excessive overdrafts suggesting the use of the Overdraft Privilege Service as a continuing line of credit; you do not have a loan with us that is past due 45 days or more or charged off; you do not have a deposit account with us that is closed by us or charged off; and there are no legal orders, garnishments, levies, or liens against your account. Once eligible, you are provided with an Overdraft Privilege Limit of $750, and as long as you maintain the eligibility of your account, we may approve your overdraft items within your current available Overdraft Privilege Limit as a non-contractual courtesy.sixty