Common use of Withdrawal Restrictions and Overdrafts Clause in Contracts

Withdrawal Restrictions and Overdrafts. We do not have to allow you to make a withdrawal from your Account if you do not have sufficient available funds in the Account to cover the full amount of the withdrawal. If there are available funds to cover some, but not all of the withdrawals or other debits (such as charges) to your Account, we may post those withdrawals or other debits for which there are sufficient available funds in any order we may choose at our sole discretion. If there are insufficient available funds to cover some of the withdrawals or debits presented against your Account, such items will be handled in accordance with our overdraft procedures or in accordance with any other agreement you may have with us (i.e., Account Link, CheckRight Overdraft Line of Credit or Premium Overdraft). Even if we choose to pay one or more overdrafts, we are not obligated to cover any future overdrafts. We may determine the balance of your Account in connection with determining whether payment of an item will create an overdraft at any time between the time we receive the item and the deadline for us to take action on the item. We are not required to determine your Account balance more than one (1) time during this period. A service charge may be assessed on any item that will overdraw the available Account balance, regardless of whether we pay or dishonor (return) the item. The fee assessed is capped at four (4) per day. You agree, immediately upon notice from us, to deposit funds sufficient to cover any overdraft, plus service charges, if required. You agree to allow us to apply directly-deposited governmental benefits, including social security, to cover any overdraft. We will not be liable for the dishonor of any item when the dishonor occurs because we setoff a debit against your Account. We also may refuse to allow a withdrawal if there is a dispute about the Account (unless a court has ordered us to allow the withdrawal), the Account is garnished or attached, the Account has been pledged as collateral for a debt, the availability of the funds on deposit cannot be verified, any required documentation has not been presented, or you fail to repay an obligation to us on time.

Withdrawal Restrictions and Overdrafts. We do not have to allow you to make a withdrawal from your Account if you do not have sufficient available funds in the Account to cover the full amount of the withdrawal. If there are available funds to cover some, but not all of the withdrawals or other debits (such as charges) to your Account, we may post those withdrawals or other debits for which there are sufficient available funds in any order we may choose at our sole discretion. If there are insufficient available funds to cover some of the withdrawals or debits presented against your Account, such items will be handled in accordance with our overdraft procedures or in accordance with any other agreement you may have with us (i.e., Account Link, CheckRight Overdraft Line of Credit or Premium Overdraft). Even if we choose to pay one or more overdrafts, we are not obligated to cover any future overdrafts. We may determine the balance of your Account in connection with determining whether payment of an item will create an overdraft at any time between the time we receive the item and the deadline for us to take action on the item. We are not required to determine your Account balance more than one (1) time during this period. A service charge may be assessed on any item that will overdraw the available Account balance, regardless of whether we pay or dishonor (return) the item. The fee assessed on consumer purpose accounts is capped at four one (41) per day. You agree, immediately upon notice from us, to deposit funds sufficient to cover any overdraft, plus service charges, if required. You agree to allow us to apply directly-deposited governmental benefits, including social security, to cover any overdraft. We will not be liable for the dishonor of any item when the dishonor occurs because we setoff a debit against your Account. We also may refuse to allow a withdrawal if there is a dispute about the Account (unless a court has ordered us to allow the withdrawal), the Account is garnished or attached, the Account has been pledged as collateral for a debt, the availability of the funds on deposit cannot be verified, any required documentation has not been presented, or you fail to repay an obligation to us on time. Overdraft services are not available on Forward Checking. You will not be charged overdraft fees on your Forward Checking account but if your account is in an overdrawn status you must promptly bring the account to a positive balance. Please refer to the applicable Overdraft Services Disclosure (Consumer or Business) for more information.

Withdrawal Restrictions and Overdrafts. We do not have to allow you to make a withdrawal from your Account if you do not have sufficient available funds in the Account to cover the full amount of the withdrawal. If As explained in greater detail below, if there are available funds to cover some, but not all all, of the withdrawals or other debits (such as charges) to your Account, we may post those the withdrawals or other debits for which there are sufficient available funds debts in any order we choose even if paying a particular debit results in an insufficient available balance in your Account to pay one or more debits that otherwise could have been paid. This may choose at our sole discretioninclude posting the debits or charges by transaction groups and then in the order of the largest dollar amount item to the smallest dollar amount item (high to low posting). If Further, if there are insufficient available funds to cover some of the withdrawals or debits presented against your Account, such items will be handled in accordance with our overdraft procedures or in accordance with any other agreement you may have with us (i.e., Account Link, CheckRight Overdraft Line of Credit or Premium Overdraftsuch as an overdraft protection program). Even if we choose to pay one or more overdrafts, we are not obligated to cover any future overdrafts. We may determine the balance of your Account in connection with determining whether payment of an item will create an overdraft at any time between the time we receive the item and the deadline for us to take action on the item. We are not required to determine your Account account balance more than one (1) time during this period. A service charge nonsufficient/overdraft item fee may be assessed on any item that will overdraw the available Account balance, regardless of whether we pay or dishonor (return) the item. The fee assessed is capped at four (4) per day. You agree, immediately upon notice from us, to deposit funds sufficient to cover any overdraft, overdraft plus service chargesapplicable fees, if required. You agree to allow us to apply directly-deposited governmental benefits, including social security, to cover any overdraft. We will not be liable for the dishonor of any item when the dishonor occurs because we setoff a debit debt against your Account. We also may refuse to allow a withdrawal if there is a dispute about the Account (unless a court has ordered us to allow the withdrawal), the Account is garnished or attached, the Account has been pledged as collateral for a debt, the availability of the funds on deposit cannot be verified, any required documentation has not been presented, or you fail to repay an obligation to us on time.

Withdrawal Restrictions and Overdrafts. We do not have to allow you to make a withdrawal from your Account if you do not have sufficient available funds in the Account to cover the full amount of the withdrawal. If As explained in greater detail below, if there are available funds to cover some, but not all all, of the withdrawals or other debits (such as charges) to your Account, we may post those the withdrawals or other debits for which there are sufficient available funds debts in any order we choose even if paying a particular debit results in an insufficient available balance in your Account to pay one or more debits that otherwise could have been paid. This may choose at our sole discretioninclude posting the debits or charges by transaction groups and then in the order of the largest dollar amount item to the smallest dollar amount item (high to low posting). If Further, if there are insufficient available funds to cover some of the withdrawals or debits presented against your Account, such items will be handled in accordance with our overdraft procedures or in accordance with any other agreement you may have with us (i.e., Account Link, CheckRight Overdraft Line of Credit or Premium Overdraftsuch as an overdraft protection program). Even if we choose to pay one or more overdrafts, we are not obligated to cover any future overdrafts. We may determine the balance of your Account in connection with determining whether payment of an item will create an overdraft at any time between the time we receive the item and the deadline for us to take action on the item. We are not required to determine your Account account balance more than one (1) time during this period. A service charge nonsufficient/ overdraft item fee may be assessed on any item that will overdraw the available Account balance, regardless of whether we pay or dishonor (return) the item. The fee assessed is capped at four (4) per day. You agree, immediately upon notice from us, to deposit funds sufficient to cover any overdraft, overdraft plus service chargesapplicable fees, if required. You agree to allow us to apply directly-deposited governmental benefits, including social security, to cover any overdraft. We will not be liable for the dishonor of any item when the dishonor occurs because we setoff a debit debt against your Account. We also may refuse to allow a withdrawal if there is a dispute about the Account (unless a court has ordered us to allow the withdrawal), the Account is garnished or attached, the Account has been pledged as collateral for a debt, the availability of the funds on deposit cannot be verified, any required documentation has not been presented, or you fail to repay an obligation to us on time.

Withdrawal Restrictions and Overdrafts. We do not have to allow you to make a withdrawal from your Account if you do not have sufficient available funds in the Account to cover the full amount of the withdrawal. If there are available funds to cover some, but not all of the withdrawals or other debits (such as charges) to your Account, we may post those withdrawals or other debits for which there are sufficient available funds in any order we may choose at our sole discretion. If there are is an insufficient available funds Current Balance to cover some of the withdrawals or debits presented against your Account, such items will be handled in accordance with our overdraft procedures or in accordance with any other agreement you may have with us. We pay overdrafts at our sole discretion, which means we do not guarantee that we will always authorize and pay any type of transaction. We may refuse to pay an overdraft item at any time even though we have previously paid overdrafts for you. Our payment of overdrafts represents a purely discretionary courtesy or privilege that we may provide you from time to time and which may be reduced, suspended or permanently revoked by us at any time without notice and for any reason or cause. If we determine at our sole discretion that the overdraft activity in your Account is approaching or has reached excessive levels, we will initiate a review of your Account (i.e.including factors such as your year-to-date overdraft fees, the amount, frequency and type of deposits to your Account Linkand the length of time your Account has been with us). As a result of this review, CheckRight Overdraft Line your overdraft privileges could be reduced or suspended (for any period of Credit time we determine is necessary or Premium Overdraftappropriate). We may also reduce, suspend or permanently revoke your overdraft privileges if we believe for any reason that you are not managing your Account in a responsible manner. If we do not authorize and pay an overdraft, your transaction will be returned or declined. Please be advised that if your overdraft privileges are permanently revoked or suspended for any reason we will not allow any overdrafts in your Account. If your overdraft privileges are permanently revoked, or while your overdraft privileges are suspended, any checks or ACH items presented for payment without a sufficient Current Balance to pay them will be returned and you will be charged our standard fee of $35 per returned item. Even if we choose you have opted in to pay one our Standard Overdraft Practices for ATM withdrawals and everyday debit card transactions, if your overdraft privileges on any Account are permanently revoked, or more overdraftswhile your overdraft privileges are suspended, we will decline those transactions if they would overdraw your Account. If your overdraft privileges are permanently revoked on any Account for any reason they may not obligated be reinstated. If your overdraft privileges are reduced or suspended for any reason, we reserve the right to cover any future overdraftsreinstate the privileges in whole or in part at our sole discretion. We may determine the balance of Checks, in-person withdrawals, ATM withdrawals or other electronic withdrawals as applicable, drawn on your Account in connection with determining whether payment of an item will create when the Current Balance is insufficient may be subject to an overdraft at any time between the time we receive the or returned item and the deadline for us to take action on the item. We are not required to determine your Account balance more than one (1) time during this period. A service charge may be assessed on any item that will overdraw the available Account balance, regardless of whether we pay or dishonor (return) the item. The fee assessed is capped at four (4) per day. You agree, immediately upon notice from us, to deposit funds sufficient to cover any overdraft, plus service charges, if requiredfee. You agree to allow pay us, and you authorize us to apply directly-deposited governmental benefitsdeduct directly from your Account, including social securityoverdraft fees, to cover returned item fees, or any overdraft. We will not be liable for the dishonor of any item when the dishonor occurs because we setoff a debit other service charges assessed against your Account. Any fee or service charge assessed against your Account shall be subject to the provisions of this Agreement, including those set forth in the Right of Offset section. We also may refuse to allow a withdrawal if there is a dispute about the Account (unless a court has ordered us to allow the withdrawal), the Account is garnished or attached, the Account has been pledged as collateral for a debt, the availability of the funds on deposit cannot be verified, any required documentation has not been presented, presented or you fail to repay an obligation to us on time. Our cut-off time for determining priority between 1) checks that were presented the day before and 2) a writ of garnishment or levy is 2:00 p.m. Central Standard Time.

Withdrawal Restrictions and Overdrafts. We do not have to allow you to make a withdrawal from your Account if you do not have sufficient available funds in the Account to cover the full amount of the withdrawal. If there are available funds to cover some, but not all of the withdrawals or other debits (such as charges) to your Account, we may post those withdrawals or other debits for which there are sufficient available funds in any order we may choose at our sole discretion. If there are is an insufficient available funds Current Balance to cover some of the withdrawals or debits presented against your Accountaccount, such items will be handled in accordance with our overdraft procedures or in accordance with any other agreement you may have with us. We pay overdrafts at our sole discretion, which means we do not guarantee that we will always authorize and pay any type of transaction. We may refuse to pay an overdraft item at any time even though we have previously paid overdrafts for you. Our payment of overdrafts represents a purely discretionary courtesy or privilege that we may provide you from time to time and which may be reduced, suspended or permanently revoked by us at any time without notice and for any reason or cause. If we determine at our sole discretion that the overdraft activity in your account is approaching or has reached excessive levels, we will initiate a review of your account (i.e.including factors such as your year-to-date overdraft fees, Account Linkthe amount, CheckRight Overdraft Line frequency and type of Credit deposits to your account and the length of time your account has been with us). As a result of this review, your overdraft privileges could be reduced or Premium Overdraftsuspended (for any period of time we determine is necessary or appropriate). We may also reduce, suspend or permanently revoke your overdraft privileges if we believe for any reason that you are not managing your account in a responsible manner. If we do not authorize and pay an overdraft, your transaction will be returned or declined. Please be advised that if your overdraft privileges are permanently revoked or suspended for any reason we will not allow any overdrafts in your account. If your overdraft privileges are permanently revoked, or while your overdraft privileges are suspended, any checks or ACH items presented for payment without a sufficient Current Balance to pay them will be returned and you will be charged our standard fee of $32 per returned item. Even if we choose you have opted in to pay one our Standard Overdraft Practices for ATM withdrawals and everyday debit card transactions, if your overdraft privileges on any account are permanently revoked, or more overdraftswhile your overdraft privileges are suspended, we will decline those transactions if they would overdraw your account. If your overdraft privileges on any account are permanently revoked for any reason they may not obligated be reinstated. If your overdraft privileges are reduced or suspended for any reason, we reserve the right to cover any future overdraftsreinstate the privileges in whole or in part at our sole discretion. We Checks, in-person withdrawals, ATM withdrawals or other electronic withdrawals as applicable, drawn on your account when the Current Balance is insufficient may determine the balance of your Account in connection with determining whether payment of an item will create be subject to an overdraft at any time between the time we receive the or returned item and the deadline for us to take action on the item. We are not required to determine your Account balance more than one (1) time during this period. A service charge may be assessed on any item that will overdraw the available Account balance, regardless of whether we pay or dishonor (return) the item. The fee assessed is capped at four (4) per day. You agree, immediately upon notice from us, to deposit funds sufficient to cover any overdraft, plus service charges, if requiredfee. You agree to allow pay us, and you authorize us to apply directly-deposited governmental benefitsdeduct directly from your account, overdraft fees, returned item fees, or any other service charges assessed against your account. Any fee or service charge assessed against your account shall be subject to the provisions of this Agreement, including social security, to cover any overdraft. We will not be liable for those set forth in the dishonor Right of any item when the dishonor occurs because we setoff a debit against your AccountOffset section. We also may refuse to allow a withdrawal if there is a dispute about the Account account (unless a court has ordered us to allow the withdrawal), the Account account is garnished or attached, the Account account has been pledged as collateral for a debt, the availability of the funds on deposit cannot be verified, any required documentation has not been presented, presented or you fail to repay an obligation to us on time. Our cut-off time for determining priority between 1) checks that were presented the day before and 2) a writ of garnishment or levy is 2:00 p.m. Central Standard Time.

Withdrawal Restrictions and Overdrafts. We do not have to allow you to make a withdrawal from your Account account if you do not have sufficient available funds in the Account account to cover the full amount of the withdrawal. If As explained in greater detail below, if there are available funds to cover some, but not all all, of the withdrawals or other debits (such as charges) to your Accountaccount, we may post those the withdrawals or other debits for which there are sufficient available funds debts in any order we choose even if paying a particular debit results in an insufficient available balance in your account to pay one or more debits that otherwise could have been paid. This may choose at our sole discretioninclude posting the debits or charges by transaction groups and then in the order of the largest dollar amount item to the smallest dollar amount item (high to low posting). If Further, if there are insufficient available funds to cover some of the withdrawals or debits presented against your Accountaccount, such items will be handled in accordance with our overdraft procedures or in accordance with any other agreement you may have with us (i.e., Account Link, CheckRight Overdraft Line of Credit or Premium Overdraftsuch as an overdraft protection program). Even if we choose to pay one or more overdrafts, we are not obligated to cover any future overdrafts. We may determine the balance of your Account account in connection with determining whether payment of an item will create an overdraft at any time between the time we receive the item and the deadline for us to take action on the item. We are not required to determine your Account account balance more than one (1) time during this period. A service charge nonsufficient/overdraft item fee may be assessed on any item that will overdraw the available Account account balance, regardless of whether we pay or dishonor (return) the item. The fee assessed is capped at four (4) per day. You agree, immediately upon notice from us, to deposit funds sufficient to cover any overdraft, overdraft plus service chargesapplicable fees, if required. You agree to allow us to apply directly-deposited governmental benefits, including social security, to cover any overdraft. We will not be liable for the dishonor of any item when the dishonor occurs because we setoff a debit debt against your Accountaccount. We also may refuse to allow a withdrawal if there is a dispute about the Account account (unless a court has ordered us to allow the withdrawal), the Account account is garnished or attached, the Account account has been pledged as collateral for a debt, the availability of the funds on deposit cannot be verified, any required documentation has not been presented, or you fail to repay an obligation to us on time.

Withdrawal Restrictions and Overdrafts. We do not have to allow you to make a withdrawal from your Account if you do not have sufficient available funds in the Account to cover the full amount of the withdrawal. If there are available funds to cover some, but not all of the withdrawals or other debits (such as charges) to your Account, we may post those withdrawals or other debits for which there are sufficient available funds in any order we may choose at our sole discretion. If there are is an insufficient available funds Current Balance to cover some of the withdrawals or debits presented against your Account, such items will be handled in accordance with our overdraft procedures or in accordance with any other agreement you may have with us. We pay overdrafts at our sole discretion, which means we do not guarantee that we will always authorize and pay any type of transaction. We may refuse to pay an overdraft item at any time even though we have previously paid overdrafts for you. Our payment of overdrafts represents a purely discretionary courtesy or privilege that we may provide you from time to time and which may be reduced, suspended or permanently revoked by us at any time without notice and for any reason or cause. If we determine at our sole discretion that the overdraft activity in your Account is approaching or has reached excessive levels, we will initiate a review of your Account (i.e.including factors such as your year-to-date overdraft fees, the amount, frequency and type of deposits to your Account Linkand the length of time your Account has been with us). As a result of this review, CheckRight Overdraft Line your overdraft privileges could be reduced or suspended (for any period of Credit time we determine is necessary or Premium Overdraftappropriate). We may also reduce, suspend or permanently revoke your overdraft privileges if we believe for any reason that you are not managing your Account in a responsible manner. If we do not authorize and pay an overdraft, your transaction will be returned or declined. Please be advised that if your overdraft privileges are permanently revoked or suspended for any reason we will not allow any overdrafts in your Account. If your overdraft privileges are permanently revoked, or while your overdraft privileges are suspended, any checks or ACH items presented for payment without a sufficient Current Balance to pay them will be returned and you will be charged our standard fee of $32 per returned item. Even if we choose you have opted in to pay one our Standard Overdraft Practices for ATM withdrawals and everyday debit card transactions, if your overdraft privileges on any Account are permanently revoked, or more overdraftswhile your overdraft privileges are suspended, we will decline those transactions if they would overdraw your Account. If your overdraft privileges on any Account are permanently revoked for any reason they may not obligated be reinstated. If your overdraft privileges are reduced or suspended for any reason, we reserve the right to cover any future overdraftsreinstate the privileges in whole or in part at our sole discretion. We may determine the balance of Checks, in-person withdrawals, ATM withdrawals or other electronic withdrawals as applicable, drawn on your Account in connection with determining whether payment of an item will create when the Current Balance is insufficient may be subject to an overdraft at any time between the time we receive the or returned item and the deadline for us to take action on the item. We are not required to determine your Account balance more than one (1) time during this period. A service charge may be assessed on any item that will overdraw the available Account balance, regardless of whether we pay or dishonor (return) the item. The fee assessed is capped at four (4) per day. You agree, immediately upon notice from us, to deposit funds sufficient to cover any overdraft, plus service charges, if requiredfee. You agree to allow pay us, and you authorize us to apply directly-deposited governmental benefitsdeduct directly from your Account, including social securityoverdraft fees, to cover returned item fees, or any overdraft. We will not be liable for the dishonor of any item when the dishonor occurs because we setoff a debit other service charges assessed against your Account. Any fee or service charge assessed against your Account shall be subject to the provisions of this Agreement, including those set forth in the Right of Offset section. We also may refuse to allow a withdrawal if there is a dispute about the Account (unless a court has ordered us to allow the withdrawal), the Account is garnished or attached, the Account has been pledged as collateral for a debt, the availability of the funds on deposit cannot be verified, any required documentation has not been presented, presented or you fail to repay an obligation to us on time. Our cut-off time for determining priority between 1) checks that were presented the day before and 2) a writ of garnishment or levy is 2:00 p.m. Central Standard Time.

Withdrawal Restrictions and Overdrafts. We do not have to allow you to make a withdrawal from your Account if you do not have sufficient available funds in the Account to cover the full amount of the withdrawal. If there are available funds to cover some, but not all of the withdrawals or other debits (such as charges) to your Account, we may post those withdrawals or other debits for which there are sufficient available funds in any order we may choose at our sole discretion. If there are insufficient available funds to cover some of the withdrawals or debits presented against your Accountaccount, such items will be handled in accordance with our overdraft procedures or in accordance with any other agreement you may have with us. We pay overdrafts at our sole discretion, which means we do not guarantee that we will always authorize and pay any type of transaction. We may refuse to pay an overdraft item at any time even though we have previously paid overdrafts for you. Our payment of overdrafts represents a purely discretionary courtesy or privilege that we may provide you from time to time and which may be reduced, suspended or permanently revoked by us at any time without notice and for any reason or cause. If we determine at our sole discretion that the overdraft activity in your account is approaching or has reached excessive levels, we will initiate a review of your account (i.e.including factors such as your year-to-date overdraft fees, Account Linkthe amount, CheckRight Overdraft Line frequency and type of Credit deposits to your account and the length of time your account has been with us). As a result of this review, your overdraft privileges could be reduced or Premium Overdraftsuspended (for any period of time we determine is necessary or appropriate). We may also reduce, suspend or permanently revoke your overdraft privileges if we believe for any reason that you are not managing your account in a responsible manner. If we do not authorize and pay an overdraft, your transaction will be returned or declined. Please be advised that if your overdraft privileges are permanently revoked or suspended for any reason we will not allow any overdrafts in your account. If your overdraft privileges are permanently revoked, or while your overdraft privileges are suspended, any checks or ACH items presented for payment without sufficient balances to pay them will be returned and you will be charged our standard fee of $29 per returned item. Even if we choose you have opted in to pay one our Standard Overdraft Practices for ATM withdrawals and everyday debit card transactions, if your overdraft privileges on any account are permanently revoked, or more overdraftswhile your overdraft privileges are suspended, we will decline those transactions if they would overdraw your account. If your overdraft privileges are permanently revoked on any account for any reason they may not obligated be reinstated. If your overdraft privileges are reduced or suspended for any reason, we reserve the right to cover any future overdraftsreinstate the privileges in whole or in part at our sole discretion. We Checks, in-person withdrawals, ATM withdrawals or other electronic withdrawals as applicable, drawn on your account against insufficient available funds may determine the balance of your Account in connection with determining whether payment of an item will create be subject to an overdraft at any time between the time we receive the or returned item and the deadline for us to take action on the item. We are not required to determine your Account balance more than one (1) time during this period. A service charge may be assessed on any item that will overdraw the available Account balance, regardless of whether we pay or dishonor (return) the item. The fee assessed is capped at four (4) per day. You agree, immediately upon notice from us, to deposit funds sufficient to cover any overdraft, plus service charges, if requiredfee. You agree to allow pay us, and you authorize us to apply directly-deposited governmental benefitsdeduct directly from your account, overdraft fees, returned item fees, or any other service charges assessed against your account. Any fee or service charge assessed against your account shall be subject to the provisions of this Agreement, including social security, to cover any overdraft. We will not be liable for those set forth in the dishonor Right of any item when the dishonor occurs because we setoff a debit against your AccountOffset section. We also may refuse to allow a withdrawal if there is a dispute about the Account account (unless a court has ordered us to allow the withdrawal), the Account account is garnished or attached, the Account account has been pledged as collateral for a debt, the availability of the funds on deposit cannot be verified, any required documentation has not been presented, presented or you fail to repay an obligation to us on time. Our cut-off time for determining priority between 1) checks that were presented the day before and 2) a writ of garnishment or levy is 2:00 p.m. Central Standard Time.