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
- We have standard overdraft practices that come with your account.
- We also offer overdraft protection plans,
such as a link to another account, which my be less expensive than our
standard practices. The fee for each sweep transaction is $3.00. 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? (Basic Coverage)
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 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 The Bank & Trust of Bryan/College Station pays my overdraft?
Under our standard overdraft practices:
- We will charge you a fee of up to $35 each time we pay an overdraft.
- There is a maximum of $175 in total fees we can charge you for overdrawing your account per day.
if I want The Bank & Trust of Bryan/College Station to authorize
and pay overdrafts on my ATM and everyday debit card transactions?
you also want us to authorize and pay overdrafts on ATM and everyday
debit card transactions, call 979-260-5100 and speak to a Customer
Service Representative; or complete the form below and drop it off at
any branch location or mail it to:
The Bank and Trust of Bryan/College Station
Attn: Customer Service
P O Box 5847
Bryan, TX 77805-5847
Basic Coverage is the standard overdraft practice that comes with your account as described above. Please indicate your choice regarding Extended Coverage:
I do not
want The Bank & Trust of Bryan/College Station to authorize and pay
overdrafts on my ATM and everyday debit card transactions.