Common use of Overdraft Transfer Service Clause in Contracts

Overdraft Transfer Service. We offer an overdraft protection plan that we refer to as our “Overdraft Transfer Service” where funds from a designated linked account are used for overdraft protection. We will look first to this service for overdraft protection before applying our discretionary Overdraft Privilege Overdraft Service when your account is overdrawn. The Overdraft Transfer Service may save you money on the total fees you pay us for overdraft protection. With this service, you authorize us to make transfers of available funds automatically from your designated linked account, plus the overdraft transfer fees, to cover overdrafts in your Share Draft Account. The Overdraft Transfer Service is automatically added to your eligible Share Draft Accounts at account opening. To request changes to or to terminate the Overdraft Transfer Service: (1) call us at 000-000-0000 or 000-000-0000; (2) visit any branch and speak with a Representative; or (3) mail a request to 0000 X. Xxxxxx Street, P.O. Box 515, Alpena, MI 49707. Overdrafts paid pursuant to the Overdraft Transfer Service are subject to a per-item Overdraft Transfer Fee as set forth in the Fee Schedule. If you terminate the Overdraft Transfer Service and are not eligible for Overdraft Privilege, and there are insufficient available funds in your Share Draft Account to pay an item, your item will not be paid unless it was a previously authorized everyday debit card transaction. The item will be returned, and an NSF fee will be charged, each time an item is presented for payment and returned unpaid due to an insufficient available balance. It is important to remember that we have no control over how many times an intended payee may present the same item for payment. Multiple presentments of the same item will result in multiple fees. Transfers will appear on your periodic statements for each applicable account.

Overdraft Transfer Service. We offer an optional overdraft protection plan that we refer to as our “Overdraft Transfer Service” where funds from a designated linked savings account are used for overdraft protection. We will look first to this service for overdraft protection before applying our discretionary Overdraft Privilege Courtesy Pay Overdraft Service when your account is overdrawn. The Overdraft Transfer Service may save you money on the total fees you pay us for overdraft protection. With this service, you authorize us to make transfers of available funds automatically from your designated linked regular savings account, plus the overdraft transfer fees, to cover overdrafts in your Share Draft Accountchecking account. The Overdraft Transfer Service is automatically an optional feature that can be added to your eligible Share Draft Accounts at account openingchecking accounts upon your request. To request changes to or to terminate the Overdraft Transfer Service: (1) call us at 000-000-0000 or 000-000-0000000.000.0000; (2) visit any branch and speak with a Representative; or (3) mail a request to 0000 X. Xxxxxx StreetTeam One Credit Union, P.O. Box 515X.X. Xxx 0000, AlpenaXxxxxxx, MI 49707XX 00000. Overdrafts paid pursuant to the Overdraft Transfer Service are subject to a per-item an Overdraft Transfer Fee as set forth in the Fee Schedule. If you decline or terminate the Overdraft Transfer Service and are not eligible for Overdraft PrivilegeCourtesy Pay, and there are insufficient available funds in your Share Draft Account checking account to pay an item, your item will not be paid unless it was a previously authorized everyday debit card transaction. The item items will be returned, and an NSF fee will be charged, each time an item is presented for payment and returned unpaid due to an insufficient available balance. It is important to remember that we have no control over how many times an intended payee may present the same item for payment. Multiple presentments of the same item will result in multiple fees. Transfers will appear on your periodic statements for each applicable account.

Overdraft Transfer Service. We offer an overdraft protection plan that we refer to as our “Overdraft Transfer Service” where funds from a designated linked account are used for overdraft protection. We will look first to this service for overdraft protection before applying our discretionary Overdraft Privilege Courtesy Pay Overdraft Service when w hen your account is overdrawn. overdraw n. The Overdraft Transfer Service may save you money on the total fees you pay us for overdraft protection. With this service, you authorize us to make transfers of available funds automatically from your designated linked regular savings account, plus the overdraft transfer fees, to cover overdrafts in your Share Draft Accountchecking account. The Overdraft Transfer Service is automatically an optional feature that can be added to your eligible Share Draft Accounts at account openingchecking accounts upon your request. To request changes to or to terminate the Overdraft Transfer Service: (1) call us at 000-000-0000 or 000-000-0000000.000.0000; (2) visit any branch and speak with w ith a Representative; or (3) mail a request to 0000 X. Xxxxxx StreetTeam One Credit Union , P.O. Box 515X.X. Xxx 0000, AlpenaXxxxxxx , MI 49707XX 00000. Overdrafts paid pursuant to the Overdraft Transfer Service are subject to a per-item an Overdraft Transfer Fee as set forth in the Fee Schedule. If you decline or terminate the Overdraft Transfer Service and are not eligible for Overdraft PrivilegeCourtesy Pay, and there are insufficient available funds in your Share Draft Account checking account to pay an item, your item will w ill not be paid unless it was w as a previously authorized everyday debit card transaction. The item will items w ill be returned, and an NSF fee will w ill be charged, each time an item is presented for payment and returned unpaid due to an insufficient available balancebalance . It is important to remember that we w e have no control over how many times an intended payee may present the same item for payment. Multiple presentments of the same item will w ill result in multiple fees. Transfers will w ill appear on your periodic statements for each applicable account.