Overdraft Review

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 may pay it anyway. We can cover your overdraft in two different ways:

We have standard overdraft practices that come with your account.
We also offer overdraft protection plans, such as a link to a savings account, 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 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 Commercial State Bank (CSB) pays my overdraft?
Under our standard overdraft practices:

We will charge you a fee of $30.00 per item.
There is no limit on the total fees we can charge you for overdrawing your account.

What if I want Commercial State Bank to authorize and pay overdrafts on my ATM and everyday debit card transactions?
If you want us to authorize and pay overdrafts on ATM and everyday debit card transactions, you are required by Federal Banking Regulations to advise us by calling 1-877-678-0909, or complete the form below and bring to your local branch, or mail it to:

Commercial State Bank, Attn: Customer Service Dept, 407 North Big Spring Street, Midland, TX 79701.

_____ I do not want CSB to authorize and pay overdrafts on my ATM and everyday debit card transactions.

_____ I want CSB to authorize and pay overdrafts on my ATM and everyday debit card transactions at the Banks discretion.

Printed Name: ____________________________________

Signature: ________________________________________

Date: ____________________________________________

Account Number: __________________________________