Common use of Your Responsibility to Repay Overdrafts Clause in Contracts

Your Responsibility to Repay Overdrafts. You must promptly pay the amount of any overdraft along with any fees that may apply. If you do not, you may be charged additional fees and/or any applicable interest. We also may report you to credit reporting agencies, close your account, or both. This could affect your ability to open accounts with us or other banks in the future. You authorize us to use the money from any subsequent deposits to your account to pay any overdraft, resulting fees and any applicable interest. Subsequent deposits include any federal or state benefit payments that you choose to deposit in any account (including direct deposit of Social Security). You understand and agree that if you do not want your benefits applied in this way, you may change your direct deposit instructions at any time. You agree to pay all costs and expenses we incur in collecting any overdraft, including attorneys’ fees. In addition, if we close your account with an outstanding overdraft and charge off the amount of the overdraft (that is, take a loss), we may still pursue collection of the amount you owe (including suing you) after it is charged off.

Your Responsibility to Repay Overdrafts. ‌ You must promptly pay the amount of any overdraft along with any fees that may apply. If you do not, you may be charged additional fees and/or any applicable interest. We also may report you to credit reporting agencies, close your account, or both. This could affect your ability to open accounts with us or other banks in the future. You authorize us to use the money from any subsequent deposits to your account to pay any overdraft, resulting fees and any applicable interest. Subsequent deposits include any federal or state benefit payments that you choose to deposit in any account (including direct deposit of Social Security). You understand and agree that if you do not want your benefits applied in this way, you may change your direct deposit instructions at any time. You agree to pay all costs and expenses we incur in collecting any overdraft, including attorneys’ fees. In addition, if we close your account with an outstanding overdraft and charge off the amount of the overdraft (that is, take a loss), we may still pursue collection of the amount you owe (including suing you) after it is charged off.

Your Responsibility to Repay Overdrafts. You must promptly pay the amount of any overdraft along with any fees that may apply. If you do not, you may be charged additional fees and/or any applicable interest. We also may report you to credit reporting agencies, close your account, or both. This could affect your ability to open accounts with us or other banks in the future. You authorize us to use the money from any subsequent deposits to your account to pay any overdraft, resulting fees and any applicable interest. Subsequent deposits include any federal or state benefit payments that you choose youchoose to deposit in any account (including direct deposit of Social Security). You understand and agree that if you do not want your benefits applied in this way, you may change your direct deposit instructions at any time. You agree to pay all costs and expenses we incur in collecting any overdraft, including attorneys’ fees. In additionInaddition, if we close your account with an outstanding overdraft and charge off the amount of the overdraft (that is, take a loss), we may still pursue collection of collectionof the amount you owe (including suing you) after it is charged off.