New Federally Regulated laws are changing consumer overdraft privilege programs regarding ATM and Debit Card transactions. The new laws will become effective August 15, 2010.
Click here for opt-in form and detailed information on the overdraft privilege program and fees.
HOW WILL THIS AFFECT YOU?
You will no longer have access to overdraft privilege funds for your ATM or Debit Card transactions unless you have notified us that you want to continue receiving this service. Currently, the amount of funds available for your transaction approval at the merchant’s place of business includes the designated overdraft amount assigned to your account.
What does this mean? For example: If your current account balance is $75 and you go to the grocery store and spend $80, using your debit card, your transaction will be denied.
IF YOU USE OVERDRAFT PRIVILEGE FOR
ATM AND DEBIT CARD TRANSACTIONS ACT NOW.
Make the decision that best suits your needs for ATM and Debit Card transactions. Please do not hesitate to call customer service at 361-888-4451, option 3, or your local branch if you have any questions.
Thank you for allowing us to handle your banking needs.
Main Aransas Pass Ingleside Port Aransas
361-888-4451 361-758-8511 361-776-2541 361-749-5264
Portland Orange Grove Rockport Padre Island
361-643-8334 361-384-2433 361-729-4212 361-654-9400
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