Important Information Regarding Overdrafts on Checking Accounts
An important regulatory change has arrived that impacts your future Community First debit card usage and ATM withdrawals. In order to benefit from the overdraft protection you may currently receive, you will be required to “Opt In”, or agree to the terms and conditions of the overdraft coverage program.
What does this mean to you?
The Regulation requires us to obtain approval from you before we can consider payment of ATM withdrawals or debit card purchases that would create an overdraft situation in your account. We currently provide this service through Overdraft Courtesy Service. Customers typically prefer this service rather than have a debit card purchased denied. To continue to receive this service after August 15th, 2010 you will need to complete and sign the “OPT IN” form and return it to any Community First Bank & Trust location.
