Common use of Overdraft Privilege Service Clause in Contracts

Overdraft Privilege Service. We offer a discretionary overdraft service (Overdraft Privilege) to cover overdrafts on your checking accounts. The Overdraft Privilege service is offered to eligible business checking account owners, who qualify and remain in good standing with the Credit Union. The Credit Union provides the Overdraft Privilege Program as an accommodation to you and is not obligated to do so, even when it has done so in the past. You do not apply for this service. To be eligible for 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 loans with the Credit Union that are more than fifteen (15) days past due. 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 be taken negative by the dollar amount of the overdraft plus the amount of the Overdraft Privilege 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 overdrafts the Credit Union will cover for each Member is $700, including the Overdraft Privilege fee. When the Credit Union honors overdraft items, you 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 obligated to, transfer funds from your other accounts with us to cover the overdraft. The Overdraft Privilege Program fee is a flat fee charged regardless of the amount the account is overdrawn and will be charged for each overdraft item presented and paid by the Credit Union. The charge for Overdraft Privilege Service is described in our Fee Schedule. The Credit Union will send you a notice 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. We offer This is a discretionary non-contractual service we provide on eligible consumer and non-consumer checking accounts for overdraft service (Overdraft Privilege) to cover overdrafts on your checking accountscoverage. The Overdraft Privilege service is offered Service does not constitute either a written agreement of an obligation or a prearranged agreement for First Bank to eligible business checking 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 owners, who qualify and remain in good standing with the Credit Union. The Credit Union provides the Overdraft Privilege Program as Service based on account ownership, taxpayer identification number, or something similar. Payment of anoverdraftwillcontinueto beatthediscretionof FirstBank,andpaymentof an accommodation overdraftdoesnotobligateus topayfutureoverdrafts. Eligibility-Consumer Account. For your consumer account to you be initially eligible, it must be open for 30 calendar days, and is not obligated to do so, even when it has done so in the past. You do not apply for this service. To be eligible for 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 days or more than fifteen (15) days past due. By participating in the program, the Credit Union may honor overdrafts, including checks, automated (ACH) debits, ATM withdrawals, point Your account will maintain its eligibility if it has a positive end-of-sale day Ledger Balance at least once every 30 calendar days (POS) transactions, VISA Debit Card transactions, in person withdrawals, including the payment of all bank fees and other electronic means. Unless charges); you avoid excessive overdrafts suggesting 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 be taken negative by the dollar amount of the overdraft plus the amount use of the Overdraft Privilege feeService 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. If we honor multiple overdrafts 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 honor them in any order at the Credit Union's option or return any such items. The maximum dollar amount of overdrafts the Credit Union will cover for each Member is $700, including the approve your overdraft items within your current available Overdraft Privilege fee. When the Credit Union honors overdraft items, you must deposit funds immediately, but in no case more than thirtyLimit as a non-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 obligated to, transfer funds from your other accounts with us to cover the overdraft. The Overdraft Privilege Program fee is a flat fee charged regardless of the amount the account is overdrawn and will be charged for each overdraft item presented and paid by the Credit Union. The charge for Overdraft Privilege Service is described in our Fee Schedule. The Credit Union will send you a notice 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 hereincontractual courtesy.

Overdraft Privilege Service. 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 offer a discretionary overdraft 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 (Overdraft PrivilegePOS) to cover overdrafts on purchases paid into overdraft status by the overdraft program. Once your checking accounts. The account qualifiles for Overdraft Privilege service is offered a qualifying packet will be sent to eligible business checking account owners, who qualify and remain in good standing you with the Credit Unionnecessary information and opt-in notice to sign and return. The Credit Union provides 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 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 Program limit as an accommodation 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 and is are not making regular deposits, or you have chronic overdrafts. If we do pay any presented NSF item, we are not obligated to do so, even provide prior 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 it has done so NSF items are returned unpaid. We sort items for processing first by transaction type in the pastfollowing 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 Plus authorizing us to pay these 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 apply for this service. To be eligible for the want Overdraft Privilege Program you must meet or Overdraft Privilege Plus associated with your account, and want to have us return all NSF items unpaid, contact us immediately at (000) 000-0000. Your account will be charged all fees associated with NSF items, including the daily overdraft fee if 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: • 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 loans with the Credit Union that are more than fifteen (151) days past due. 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 Your account 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 be taken negative by the dollar amount of the overdraft plus the amount of the Overdraft Privilege fee. If we honor multiple overdrafts we may honor them in any order been open at the Credit Union's option or return any such items. The maximum dollar amount of overdrafts the Credit Union will cover for each Member is $700, including the Overdraft Privilege fee. When the Credit Union honors overdraft items, you 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 obligated to, transfer funds from your other accounts with us to cover the overdraft. The Overdraft Privilege Program fee is a flat fee charged regardless of the amount the account is overdrawn and will be charged for each overdraft item presented and paid by the Credit Union. The charge for Overdraft Privilege Service is described in our Fee Schedule. The Credit Union will send you a notice 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.least sixty

Overdraft Privilege Service. 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 offer a discretionary overdraft 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 (Overdraft PrivilegePOS) to cover overdrafts on purchases paid into overdraft status by the overdraft program. Once your checking accounts. The account qualifiles for Overdraft Privilege service is offered a qualifying packet will be sent to eligible business checking account owners, who qualify and remain in good standing you with the Credit Unionnecessary information and opt-in notice to sign and return. The Credit Union provides 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 Program 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 an accommodation 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 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 do so, even provide prior 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 it has done so NSF items are returned unpaid. We sort items for processing first by transaction type in the pastfollowing 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 Plus authorizing us to pay these 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 apply for this service. To be eligible for the want Overdraft Privilege Program you must meet or Overdraft Privilege Plus associated with your account, and want to have us return all NSF items unpaid, contact us immediately at (000) 000-0000. Your account will be charged all fees associated with NSF items, including the daily overdraft fee if 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: • 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 loans with the Credit Union that are more than fifteen (151) days past due. 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 Your account 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 be taken negative by the dollar amount of the overdraft plus the amount of the Overdraft Privilege fee. If we honor multiple overdrafts we may honor them in any order been open at the Credit Union's option or return any such items. The maximum dollar amount of overdrafts the Credit Union will cover for each Member is $700, including the Overdraft Privilege fee. When the Credit Union honors overdraft items, you 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 obligated to, transfer funds from your other accounts with us to cover the overdraft. The Overdraft Privilege Program fee is a flat fee charged regardless of the amount the account is overdrawn and will be charged for each overdraft item presented and paid by the Credit Union. The charge for Overdraft Privilege Service is described in our Fee Schedule. The Credit Union will send you a notice 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.least sixty