Withdrawal Restrictions and Overdrafts. We do not have to allow you to make a withdrawal from your account if you don’t have sufficient funds available in the account to cover the full amount of the withdrawal. If there are available funds to cover some, but not all, of the withdrawals or other debits to your account on a single business day, we will post the items according to our transaction posting order disclosed elsewhere in this Agreement. If there are insufficient funds available in your account to cover a withdrawal or debit presented against your account, this is called an “overdraft.” We will handle each overdraft in accordance with our Overdraft Policy (described elsewhere in this Agreement) or in accordance with any other agreement you may have with us, such as an overdraft protection agreement. Even if we choose to pay one or more overdrafts, we are not obligated to cover any future overdrafts. When we determine whether payment of an item will create an overdraft, we may determine the balance of your account at any time between the time we receive the item and the deadline for us to take action on the item. We are not required to determine your account balance more than one time during this period. Preauthorized Drafts. If you voluntarily give information about your account, such as our routing number and your account number, to a party who is seeking to sell you goods or services, and you do not physically deliver a check to the party, any debit to your account initiated by the party to whom you gave the information is deemed authorized by you.
Withdrawal Restrictions and Overdrafts. We do not have to allow you to make a withdrawal from your Account if you do not have sufficient available funds in the Account to cover the full amount of the withdrawal. If there are available funds to cover some, but not all, of the withdrawals or other debits to your Account on a single business day, we will post the checks for which there are sufficient available funds in any order we may choose at Bank’s sole discretion. We may pay other withdrawals or debit items (such as charges) prior to paying any checks, and we may post those other withdrawals or debit items in any order we may choose at our sole discretion. If there are insufficient funds available in your Account to cover a withdrawal or debit presented against your Account, we may reject the withdrawals. Even if we choose to pay one or more overdrafts, we are not obligated to cover any future overdrafts. (C)
Withdrawal Restrictions and Overdrafts. If there are insufficient available funds to cover some of the withdrawals or debits presented against your account, such items will be handled in accordance with our overdraft procedures or in accordance with any other agreement you may have with us. We pay overdrafts at our sole discretion, which means we do not guarantee that we will always authorize and pay any type of transaction. We may refuse to pay an overdraft item at any time even though we have previously paid overdrafts for you. Our payment of overdrafts represents a purely discretionary courtesy or privilege that we may provide you from time to time and which may be reduced, suspended or permanently revoked by us at any time without notice and for any reason or cause. If we determine at our sole discretion that the overdraft activity in your account is approaching or has reached excessive levels, we will initiate a review of your account (including factors such as your year-to-date overdraft fees, the amount, frequency and type of deposits to your account and the length of time your account has been with us). As a result of this review, your overdraft privileges could be reduced or suspended (for any period of time we determine is necessary or appropriate). We may also reduce, suspend or permanently revoke your overdraft privileges if we believe for any reason that you are not managing your account in a responsible manner. If we do not authorize and pay an overdraft, your transaction will be returned or declined. Please be advised that if your overdraft privileges are permanently revoked or suspended for any reason we will not allow any overdrafts in your account. If your overdraft privileges are permanently revoked, or while your overdraft privileges are suspended, any checks or ACH items presented for payment without sufficient balances to pay them will be returned and you will be charged our standard fee of $29 per returned item. Even if you have opted in to our Standard Overdraft Practices for ATM withdrawals and everyday debit card transactions, if your overdraft privileges on any account are permanently revoked, or while your overdraft privileges are suspended, we will decline those transactions if they would overdraw your account. If your overdraft privileges are permanently revoked on any account for any reason they may not be reinstated. If your overdraft privileges are reduced or suspended for any reason, we reserve the right to reinstate the privileges in whole or in part at our sol...
Withdrawal Restrictions and Overdrafts. We are not obligated to allow you to make a withdrawal from your Account if you don’t have sufficient available funds in the Account to cover the full amount of the withdrawal. If there are available funds to cover some, but not all, of the withdrawals or other debits (such as charges) to your Account, we post those withdrawals in the manner described in this section. The manner in which we process withdrawals or other debits may affect the amount of overdraft or non-sufficient funds charges or penalties you may incur. We establish different categories of withdrawals or other debits to your Account for this purpose. For example, we process ATM and debit card transactions, teller withdrawals and loan payments payable to us before checks. Within each category, we currently process withdrawals for that category in the following manner: • For ATM and debit card transactions, provided that such ATM or point-of- sale terminal or network is properly operating, we process such transactions as they are received by us • For ATM and debit card re-presented transactions, and for all other items for which authorization has already occurred, we process such transactions from the lowest dollar amount to the highest dollar amount • For contractual obligations, such as loans payable to us, we process such transactions from the lowest dollar amount to the highest dollar amount • For customer-initiated items, such as checks and ACH transactions, we process such transactions from the lowest dollar amount to the highest dollar amount • For Bank service fees and bank penalty fees, we process such transactions from the lowest dollar amount to the highest dollar amount (within each category) We may change the categories or the processing order of one or more of the categories at any time without notice to you, provided that such categories and processing order comply with applicable law, rule or regulation. If there are insufficient available funds to cover some of the withdrawals or debits presented against your Account, such items will be handled in accordance with our overdraft procedures or any other agreement you may have with us (such as an Overdraft Protection Agreement). Even if we choose to pay one or more overdrafts, we are not obligated to cover any future overdrafts. We may determine the balance of your Account in connection with determining whether payment of an item will create an overdraft at any time between the earlier of: (1) the time the item is presented to us...
Withdrawal Restrictions and Overdrafts. If there is an insufficient Current Balance to pay some of the Items presented against your Account, such Items will create an Overdraft and will be handled in accordance with the provisions of this Agreement. We also may refuse to allow a withdrawal if there is a dispute about the Account (unless a court has ordered us to allow the withdrawal), the Account is garnished or attached, the Account has been pledged as collateral for a debt, the availability of the funds on deposit cannot be verified, any required documentation has not been presented or you fail to repay an obligation to us on time. Notice Requirements. Federal regulations require us to retain the right to require you to give at least seven (7) days notice in writing prior to any intended withdrawal from a savings or Money Market Account. Although we usually pay withdrawals or checks without requiring you to give this notice on these Accounts, doing so does not mean that we give up this right to require you to give us notice. Postdated Items. You agree that when you write a check, you will not date the check in the future. If you do and the check is presented for payment before the date on the check, we may pay it or return it unpaid. You agree that if we pay the check, the check will be Posted to your Account on the date we pay the check, even though that date is prior to the date of the check. You further agree that we are not responsible for any loss to you in doing so. We will not honor a postdated check if we receive advance notice from you at such a time and in such a manner as to afford us reasonable opportunity to act. The notice must be given to us as provided for in the Stop Payment Orders section of this Agreement.
Withdrawal Restrictions and Overdrafts. We do not have to allow you to make a withdrawal from your Account if you don’t have sufficient available funds in the Account to cover the full amount of the withdrawal. If there are available funds to cover some, but not all, of the withdrawals or other debits to your Account on a single business day, we will post the checks for which therearesufficient availablefundsfrom thelargest dollar check to the smallest.
Withdrawal Restrictions and Overdrafts. We do not have to allow you to make a withdrawal from your Account if you don't have sufficient available funds in the Account to cover the full amount of the withdrawal. If there are available funds to cover some, but not all, of the withdrawals or other debits to your Account on a single business day, we will post the checks for whichthereare sufficient available fundsfrom thelargest dollar check to the smallest. Effective July 01, 2022 -If there are available funds to cover some, but not all, of the withdrawals or other debits to your Account on a single business day, we will post the checks for which there are sufficient available funds from the lowest check number (also referred to as check sequence number or check serial number) to the highest.
Withdrawal Restrictions and Overdrafts. If there is an insufficient Current Balance to pay some of the Items presented against your Account, such Items will create an Overdraft and will be handled in accordance with the provisions of this Agreement. We also may refuse to allow a withdrawal if there is a dispute about the Account (unless a court has ordered us to allow the withdrawal), the Account is garnished or attached, the Account has been pledged as collateral for a debt, the availability of the funds on deposit cannot be verified, any required documentation has not been presented, or you fail to repay an obligation to us on time. Notice Requirements. Federal regulations require us to retain the right to require you to give at least seven (7) days notice in writing prior to any intended withdrawal from a savings or Money Market Account. Although we usually pay withdrawals or checks without requiring you to give this notice on these Accounts, doing so does not mean that we give up this right to require you to give us notice.
