A new banking regulation may impact the way you use your debit card. As of August 15, 2010,* we can no longer provide automatic Bounce Protection service on your everyday debit card purchases and ATM transactions. If you want this service, you will need to specifically request that Bounce Protection be continued on your account. Overdraft protection is an important safety net valued by many of our account holders in case of emergency. Watch this space for more information about this change and what you will need to do if you want to keep your Bounce Protection service.

The effective date of the change is August 15, 2010 for accounts opened before July 1, 2010. For accounts opened after July 1, 2010 the effective date of the change is July 1, 2010. Beginning August 15, 2010, we will not authorize and pay overdrafts on ATM and everyday debit card transactions without account holder consent. An overdraft (OD) fee or insufficient funds (NSF) fee of $28.00] will be charged for covering overdrafts that result in a negative balance at the end of the day. Overdrafts may be created by check, ACH, online banking transactions, phone transactions or other electronic means. Recurring debit card transactions (payments that are set up to bill and pay automatically), such as an automatic draft from your health club or insurance company, may continue to be covered by your overdraft service. Once an overdraft has occurred you are required to bring your account to a positive balance within 30 days. We reserve the right not to pay if your account is not in good standing. Contact us if you have questions.