Common use of Overdraft Transfers Clause in Contracts

Overdraft Transfers. If you have an approved overdraft protection line of credit, we will cover overdrafts on your checking account by making loan advances in increments of $100 on your line of credit, subject to your available credit, and transferring those amounts to your checking account. If you do not have an overdraft protection line of credit, we will transfer funds from another savings account of yours. If you have enough funds in a savings account, you authorize us to automatically transfer funds equal to the lesser of (i) the amount of the overdraft, or (ii) the available balance to cover any overdraft on your checking account. You may choose the specific savings account you want overdraft transfers to come from. Any fee for an overdraft transfer is set forth in the Rate and Fee Schedule. You may opt out of this overdraft transfer service at any time by notifying us in writing.

Overdraft Transfers. If you have an approved overdraft protection line of credit, we will cover overdrafts on your checking account by making loan advances in increments of $100 on your line of credit, subject to your available credit, and transferring those amounts to your checking account. If you do not have an overdraft protection line of credit, we will transfer funds from another savings account of yours. If you have enough funds in a savings accountyour Regular Share (Savings) or Share Money Market account (if requested), you authorize us to automatically transfer funds equal to the lesser of (i) the amount of the overdraft, or (ii) the available balance to cover any overdraft on your checking account, each in full dollar increments. You may choose the specific savings account you want overdraft transfers to come from. Any The fee for an each overdraft transfer is set forth stated in the Rate and your Fee Schedule. You may opt out of this the overdraft transfer service at any time by notifying us in writing.