Beginning August 15, 2010, there will be a change to your debit card overdraft
protection. Due to recent regulatory changes, it is now necessary that you
opt-in to continue overdraft protection service, (Debit Courtesy Pay), on your
everyday debit card and ATM transactions.
With Debit Courtesy Pay, we may pay rather than decline transactions when you do
not have sufficient funds in your account. Here are the advantages of Debit
Courtesy Pay:
- Convenience – we may cover your transaction for you to avoid
embarrassing debit card denials
- Safety net – if you make an error in balancing your checking
account, we may still cover the debit transaction for you
- Peace of mind – we may cover those unexpected expenses that
overdraw your account
Remember, if you decide not to opt-in to Debit Courtesy
Pay, debit transactions that could overdraw your account
will be declined after
August 15, 2010.
If you would like to have Debit Courtesy Pay on your ATM and
everyday debit card transactions removed from your account(s) at a later date,
you may
opt-out at any time.