Common use of Overdraft Service Clause in Contracts

Overdraft Service. We offer a discretionary service (“Overdraft Service”) to cover overdrafts on your checking accounts. The Credit Union offers this Overdraft Service to eligible consumer checking account owners who qualify. Overdraft Service is not offered to minors, fiduciary accounts, or anyone who has caused a financial loss to us. Overdraft Service is provided to qualified accounts automatically for checks, ACH, and online transactions. Members have the option to opt-out of the service at any time. Overdraft Service will be provided for debit card purchase transactions only if you expressly request (“opt-in”) it for these transactions. d. Terms & Conditions of Overdraft Service. Overdrafts will be provided under the following terms and conditions. i. Discretionary Service. Under the Overdraft Service, we are not obligated to pay any check or item presented for payment if your account does not contain sufficient funds. We may, as a discretionary service and not as a right of yours or our obligation to you, pay overdrafts up to an approved limit under the terms of this service and subject to this Agreement. This Overdraft Service is not a line of credit, is not guaranteed, and is independent of any loan arrangement you may have with us. We will not pay an overdraft in excess of any limit we have established for your account type. Additionally, we may refuse to pay an overdraft for you at any time, even if we have previously paid overdrafts for you. ii. Overdraft Transactions Covered. The overdraft service is provided to qualified accounts automatically for checks, ACH, and ▇▇▇▇ payment transactions. Subject to the opt-in requirement set forth above, if on any day you do not have available funds in your account, the following transactions, which may result in an insufficient or negative balance (“overdrafts”), may be covered under our service: debit card purchases; online or other electronic funds transfers; or withdrawals authorized by you; account service charges; pre-authorized drafts; and any other items

Overdraft Service. We offer a discretionary overdraft service (the “Overdraft Service”) to cover overdrafts on your checking accounts. The Credit Union offers this the Overdraft Service to eligible consumer checking account owners who qualify. The Overdraft Service is not offered to minors, fiduciary accountsfiduciary, or anyone who has caused a financial loss to usthe Credit Union, anyone with a past due loan payment at the Credit Union or anyone who has enrolled in a debt management program. The Overdraft Service is provided to qualified accounts automatically for checks, ACH, ; ACH and online transactions. Members transactions and you have the option to opt-out of the service at any timeanytime. The Overdraft Service will be provided for ATM and debit card purchase transactions only if you expressly request (“"opt-in”") it the Overdraft Service for these transactions. d. Terms & Conditions of Overdraft Service. Overdrafts will be provided under the following terms and conditions. i. . a. Discretionary Service. Under the Overdraft Service, we are not obligated to pay any check or item presented for payment if your account does not contain sufficient funds. We may, as a discretionary service and not as a right of yours or our obligation to you, pay overdrafts up to an approved overdraft limit under the terms of this service and subject to this Agreement. This Overdraft Service overdraft service is not a line of credit, is not guaranteed, and is independent of any loan arrangement you may have with us. We will not pay an overdraft for you in excess of any limit we have established for your account type. AdditionallyAlso, we may refuse to pay an overdraft for you at any time, even if we have previously paid overdrafts for you. ii. Overdraft Transactions Covered. The overdraft service is provided to qualified accounts automatically for checks, ACH, and ▇▇▇▇ payment transactions. Subject to the opt-in requirement set forth above, if on any day you do not have available funds in your account, the following transactions, which may result in an insufficient or negative balance (“overdrafts”), may be covered under our service: debit card purchases; online or other electronic funds transfers; or withdrawals authorized by you; account service charges; pre-authorized drafts; and any other items.

Overdraft Service. We offer a discretionary overdraft service (the “Overdraft Service”) to cover overdrafts on your checking accounts. The Credit Union offers this the Overdraft Service to eligible consumer checking account owners who qualify. The Overdraft Service is not offered to minors, fiduciary accountsfiduciary, or anyone who has caused a financial loss to usthe Credit Union. The Overdraft Service is provided to qualified accounts automatically for checks, ACH, ; ACH and online transactions. Members transactions and you have the option to opt-out of the service at any timeanytime. The Overdraft Service will be provided for debit card purchase transactions only if you expressly request (“"opt-in”") it the Overdraft Service for these transactions. d. Terms & Conditions of the Overdraft Service. Overdrafts The Overdraft Service will be provided under the following terms and conditions. i. Discretionary Service. Under the Overdraft Service, we are not obligated to pay any check or item presented for payment if your account does not contain sufficient funds. We may, as a discretionary service and not as a right of yours or our obligation to you, pay overdrafts up to an approved overdraft limit under the terms of this service and subject to this Agreement. This Overdraft Service overdraft service is not a line of credit, is not guaranteed, and is independent of any loan arrangement you may have with us. We will not pay an overdraft for you in excess of any limit we have established for your account type. AdditionallyAlso, we may refuse to pay an overdraft for you at any time, even if we have previously paid overdrafts for you. ii. Overdraft Transactions Covered. The overdraft service is provided to qualified accounts automatically for checks, ACH, and ▇▇▇▇ payment transactions. Subject to the opt-in requirement set forth above, if on any day you do not have available funds in your account, the following transactions, which may result in an insufficient or negative balance (“overdrafts”), may be covered under our service: debit card purchases; online or other electronic funds transfers; or withdrawals authorized by you; account service charges; pre-authorized drafts; and any other items.