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 if you opt-in.
2. We also offer overdraft protection plans, such as a link to a savings account, 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.
We do authorize and pay overdrafts for the following types of transactions if you choose to opt-in to our voluntary overdraft protection program:
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 ATM and everyday debit card transactions will be declined.
Under our standard overdraft practices:
If you want us to authorize and pay overdrafts on your transactions, call 1-800-250-8880, complete the online form at right, or download a PDF form, complete the form and present it at a bank location or mail it to: 6 Desta Drive Ste 2400, Midland, TX 79705.