Common use of Overdraft Clause in Contracts

Overdraft. The member will not overdraw any account except if enrolled in the overdraft protection service described in Section G below (“Overdraft Protection”). Any unauthorized overdrafts will bear interest at the rates established by Servus Credit Union from time to time, calculated on the daily outstanding balance and compounded monthly. Any unauthorized overdrafts and interest thereon are payable on demand.

Overdraft. The member Member will not overdraw any account Account except if Member is enrolled in the overdraft protection service Service described in Section G below (“Overdraft Protection”). Any unauthorized overdrafts will bear interest at the rates established by Servus Credit Union from time to time, calculated on the daily outstanding balance and compounded monthly. Any unauthorized overdrafts and interest thereon are payable on demand.

Overdraft. The member Member will not overdraw any account except if enrolled in the overdraft protection service described in Section G below (“Overdraft Protection”). Any unauthorized overdrafts will bear interest at the rates established by Servus the Credit Union from time to timeUnion, calculated on the daily outstanding balance balance, and compounded monthly. Any unauthorized overdrafts and interest thereon are payable on demand.