Overdraft


Personal

Overdraft Privilege

What is Overdraft Privilege?

  • A financial resource that can protect you when inadvertent mistakes caused your account to be insufficient or have overdraft checks
  • Bridge City Bank’s convenient response to your unexpected banking needs
  • A valuable enhancement to your banking relationship
  • Not a promise…but a privilege…to you, our customer

We can save you the expense and embarrassment of having an item returned: the Overdraft Privilege does just that.


What are the fees for Overdraft Privilege?

Our normal fee is the same as the disclosed non-sufficient funds fee per item. Our current fee is $32. This fee will be charged for each transaction initiated for payment from your account that does not have sufficient available funds.


What types of transactions are included in Overdraft Privilege?

Fees will be applied to overdrafts created by: checks, in-person withdrawals, ATM withdrawals or other electronic means.


What time period is required to repay the Overdraft Balance?

To maintain eligibility for Overdraft Privilege, customers must continue to make regular deposits into their accounts, bringing their account to a positive balance, within a thirty day (30) period. The bank reserves the right to require customers to pay outstanding overdraft (negative) balances, including fees, immediately or on demand.


Under what circumstances will the bank not pay an overdraft?

Whether customer overdrafts will be paid is discretionary and the bank reserves the right not to pay. For example, the bank will typically not pay overdrafts if an account is not in good standing, or regular deposits are not being made, or there have been excessive overdrafts. We may refuse to pay an overdraft for you at any time, even though your account is in good standing and even though we may have previously paid overdrafts for you.


What types of accounts are eligible for Overdraft Privilege?

E - Connection; Personal Connection; Platinum Connection; Business Link Plus; Business Link; e–Link for Business and NOW Link