What You Need to Know about ATM/Debit Card Overdraft Services
An overdraft occurs when you do not have enough money in your account to cover a transaction, but we pay it anyway. We have standard overdraft practices that may come with your account.
This notice explains our standard overdraft practice.
What are the standard overdraft practices that may come with my account?
We do authorize and pay overdrafts for customers in good standing that do not have excessive account abuse for the following types of transactions:
- Checks and other transactions made using your checking account number
- Automatic bill payments
Effective August 15, 2010, we will not authorize and pay overdrafts for the following types of transactions unless you ask us to (see below):
- ATM transactions
- Everyday debit card transactions
We pay overdrafts at our discretion, which means we do not guarantee that we will always authorize and pay any type of transaction.
If we do not authorize and pay an overdraft, your transaction will be declined.
What fees will I be charged if Community Bank of Pleasant Hill pays my overdraft?
Under our standard overdraft practices:
- We will charge you a fee of $12.00 each time we pay an overdraft for items $0.01 to $10.00 and a per item fee of $29.00 for items over $10.00. (Fee amount is subject to change).
- There is a daily limit of $225.00 total fees we can charge you for overdrawing your account.
What if I want Community Bank of Pleasant Hill to authorize and pay overdrafts on my ATM and everyday debit card transactions?
If you also want us to authorize and pay overdrafts on ATM and everyday debit card transactions, call (816) 540-2525, complete and submit the form below online, print form and present it at a branch or mail it to: P.O. Box 30, Pleasant Hill, Mo. 64080.