Common use of Overdraft Privilege Service Clause in Contracts

Overdraft Privilege Service. ‌ 1. In accordance with our commitment to provide valued service and benefits, we may, at our discretion, pay your overdrafts that would cause your eligible checking account to have a negative balance. We refer to this service as our Overdraft Privilege service (hereinafter referred to as the “Service”). The Service is different than the Overdraft Protection Service plan. The Service is a backup to your existing overdraft protection plans and will only be activated if funds are not available from those plans. This Overdraft Privilege Section sets forth the terms and conditions applicable to the Service.

Appears in 1 contract

Sources: Share Account Agreement

Overdraft Privilege Service. 1. In accordance with our commitment to provide valued service and benefits, we may, at our discretion, pay your overdrafts that would cause your eligible checking account to have a negative balance. We refer to this service as our Overdraft Privilege service Service (hereinafter referred to as the “Service”). The Service is different than the personal line of credit and the Overdraft Protection Transfer Service planplans. The Service is a backup to your existing overdraft protection plans and will only be activated if funds are not available from those plans. This Overdraft Privilege Section sets forth , although we reserve the terms and conditions applicable right to the Servicenot pay any overdraft transaction at our sole discretion.

Appears in 1 contract

Sources: Membership Agreement

Overdraft Privilege Service. 1. In accordance with our commitment to provide valued service and benefits, we may, at our discretion, pay your overdrafts that would cause your eligible checking account to have a negative balance. We refer to this service as our Overdraft Privilege service Service (hereinafter referred to as the “Service”). The Service is different than the Personal Line of Credit and the Overdraft Protection Service plan. The Service is a backup to your existing overdraft protection plans and will only be activated if funds are not available from those plans. This Overdraft Overdraw Privilege Section sets forth the terms and conditions applicable to the Service.

Appears in 1 contract

Sources: Membership and Account Agreement