At times,
unanticipated expenses or unforeseen
problems can leave you with too little
cash in your checking account.
Having a check returned due to
insufficient funds can be a costly,
inconvenient and potentially embarrassing
experience.
At Thumb
National Bank & Trust Company, we do
not encourage overdrafts. As always,
we encourage you to mange your finances
responsibly. However, we want to
save you from the additional merchant fees
and possible damage to your credit history
that might result if a check is returned.
That's why
we provide "Bounce Protection,"
a special overdraft privilege service for
Thumb National Bank & Trust Company's
checking customers
There
are some recent changes in the law in
regard to Overdrafts and Overdraft Fees by
the Federal Reserve Board. Effective
August 15, 2010 we cannot pay overdrafts
of ATM withdrawals or everyday debit card
transactions without your consent. If you
do consent and overdraw your account, you
will be assessed the normal overdraft fee,
currently $31.00 per item. If you
should have questions please feel free to
call any branch of Thumb National Bank for
additional information.
