What is an overdraft?
An overdraft occurs when you don’t have enough money in your account to cover a transaction, but we pay it anyway. To learn more about account overdrafts, we encourage you to visit the Consumer Financial Protection Bureau's Overdrafts webpage.
What you need to know about overdrafts and overdraft fees?
We can cover your overdrafts in two different ways:
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:
We do not authorize and pay overdrafts for the following types of transactions unless you ask us to (see below):
We pay overdrafts at our discretion, which means we do not guarantee that we will always authorize to pay any type of transaction. If we do not authorize to pay an overdraft, your transaction will be declined.
What fees will be charged if Security National Bank pays my overdraft?
Under our standard overdraft practices:
What if I want Security National 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 (402) 344-7300 or visit one of our 14 branch locations and talk with a personal banker today!