Overdrafts & Overdraft Fees

ATM/DEBIT CARD OPT-IN FORM

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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:

• We have standard overdraft practices that we use in connection with servicing your account.
• We also offer overdraft protection plans, such as a link to another checking account, a savings account or a home equity line of credit 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.

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

We authorize and pay overdrafts for the types of transactions below:

• Checks and other transactions made using your checking account.
• Automatic bill payments.

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

• ATM transactions
• 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 Banterra Bank pays my overdraft?

Under our standard overdraft practices:

• We may charge you a $37 fee each time we pay an overdraft.

There is no limit on the total fees we can charge you for overdrawing your account. However, the maximum number of Overdraft Fees that may be assessed in one day is six (6).

What if I want Banterra Bank to authorize and pay overdrafts on my ATM and everyday debit card transactions?

If you also want us to authorize and pay overdrafts on ATM and everyday debit card transactions, call our Overdraft Services Department at 866-BANTERRA (226-8377), option 5 and tell us, visit Banterra.bank (a form is available through Digital Banking) or simply complete the form below and bring it to any Banterra location or mail it to Banterra Bank, Attn: Overdraft Services Dept., P.O. Box 291, Eldorado, IL 62930