What You Need to Know about Overdrafts and Overdraft Fees
An overdraft occurs when you do not have enough money in your account to cover a transaction, but we pay it anyway.
What are the standard overdraft practices that come with my account?
We do authorize and pay overdrafts for the following types of transactions:
- Checks and other transactions made using your checking account number
- Automatic bill payments
We do not authorize and pay overdrafts for the following types of transactions unless you ask us to (see below):
- ATM transactions
- Everyday debit card transactions
We pay overdrafts at our discretion, which means we do not guarantee that we will always authorize and pay any type of transaction. If we do not authorize and pay an overdraft, your transaction will be declined.
What fees will I be charged if Anstaff Bank pays my overdraft?
Under our standard overdraft practices:
- We will charge you a fee of up to $33 each time we pay an overdraft.
- We will charge up to a maximum of 6 fees per day based on the number of overdraft items presented.
How to Opt-In or Opt-Out
To Opt-In for Overdraft Protection, give us a call at 870-438-5214 or stop by any of our 12 convenient locations.
