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 to an overdraft 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 do authorize and pay overdrafts for the following types of transactions.
                 Checks and other transactions made using your checking account number
                 Automatic bill payments
          We do not authorize and pay overdrafts for the following types of transactions unless you ask us to (see below):
                 ATM transactions
                 Everyday debit card transactions
       We pay overdrafts at our discretion, which means we do not guarantee that we will always 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 Union Bank & Trust Company pays my overdraft?
          Under our standard overdraft practices:
                   We will charge you a fee of up to $34 each time we pay an overdraft.
                   We charge an overdraft item fee for each item paid or returned up to a maximum of 5 per day.
                   Also, if your account is overdrawn for 2 or more consecutive days, we will charge an additional $4 per day.

  What if I want Union Bank & Trust Company to authorize and pay overdrafts on my ATM and everday debit
       card transactions?
  If you also want us to authorize and pay overdrafts on ATM and everyday debit card transactions, call 1-800-297-2837 or (402) 323-1777, or complete the online Opt In form below.  
     


Account Holder Name:    
       
Account Number:      
Account Number:    
   
   
   

  I want Union Bank & Trust Company to authorize and pay overdrafts on my ATM and everyday debit card transactions. 

Please print and retain a copy of this form for your records.