Common use of How Overdraft Tolerance is Administered Clause in Contracts

How Overdraft Tolerance is Administered. If you are eligible for the Service, we will generally pay your overdraft items up to a maximum amount established by the Credit Union in its sole and absolute discretion, including fees. We are not required to notify you of any nonsufficient funds checks, ACH items, or other transactions that may have been paid or returned. We may refuse to pay any overdrafts without first notifying you even though your account is in good standing and even if we have paid previous overdrafts. NOTE: Overdraft Tolerance amounts which may be available to you are not included in your available balance as may be provided to you through online banking, mobile banking and/or at an ATM.

Appears in 4 contracts

Samples: Consumer Agreements and Disclosures, Commercial Membership and Account Agreements, Commercial Membership and Account Agreements

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