ATM/VISA DEBIT CARD OPT-IN FORM

Overdraft Fees

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. We can cover your overdrafts in two different ways.

1. We have standard overdraft practices that come with your account.
2. We also offer overdraft protection plans, such as a link to a savings account or loan which may be less expensive than our standard overdraft practices. To learn more, ask us about these plans.

This notice explains our standard overdraft practices for your account type.

* What are the standard overdraft practices that come with my account?

We do authorize and pay overdrafts for the following types of transactions.

1. Checks and other transactions made using your checking account number
2. Automatic bill payments

We do not authorize and pay overdrafts for the following types of transactions unless you ask us to (see below).

1. ATM transactions
2. 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 Auburn University FCU pays my overdraft?

Under our standard overdraft practices:

1. We will charge you a fee of $25.00 for each item we pay into overdraft.
2. There is no limit on the total fees we can charge you each day for overdrawing your account.

* What if I want Auburn University FCU to authorize and pay overdrafts on my ATM and everyday debit card transactions?

If you want us to authorize and pay overdrafts on ATM and everyday debit card transactions, call (334)844-4120 or (888)899-2112 or complete the form below.

I want Auburn University FCU to authorize and pay overdrafts on my ATM and everyday debit card transactions. I understand there will be an overdraft fee charged for each transaction.

Yes, allow Auburn University FCU to authorize and pay overdrafts on my ATM and everyday debit card transactions
No, do not allow Auburn University FCU to authorize and pay overdrafts on my ATM and everyday debit card transactions.

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