Overdraft Protection Plan. Unless you notify us, we will provide an overdraft protection plan for you. We will honor transactions, such as checks, electronic withdrawals, ATM and POS withdrawals drawn on insufficient available funds in any checking account by transferring the necessary funds from a deposit account, credit card loan or other loan account of yours, if applicable, to your share draft account. Unless otherwise directed, we will transfer funds to your overdrawn account, first from your loan account, then from your credit card account and then from your share 01 savings account, as applicable. Overdraft transfers will be in increments of $100.00 to cover the overdraft when transferred from a savings account. Overdraft transfers will be in increments of $25.00 from a loan or credit card account. The fee for overdraft transfers is set forth in the Rate and Fee Schedule. Transfers from a deposit account will be governed by this Agreement. Transfers from a credit card loan or other loan account will be governed by the applicable loan agreement.
Appears in 3 contracts
Sources: Account Agreement, Account Agreement, Account Agreement