Debit and ATM cards are a convenience it's hard to imagine living without. Using debit and ATM cards makes it easier than ever to make purchases and payments, but it also makes it easier to overdraw a checking account and incur fees associated with overdraft protection services. As a result, federal lawmakers have created new rules governing overdraft protection programs that went into effect on July 1, 2010.
You now have an option concerning whether you want to continue to have our overdraft service cover your ATM and everyday debit card transactions. Please take note that this opt-in rule applies only to ATM and everyday debit card transactions and does not pertain to overdraft protection services associated with written checks or recurring debit transactions, such as regularly scheduled bill payments.
Why opt in?
Grant County Bank's overdraft protection is designed with your protection and convenience in mind. The vast majority of our customers do not overdraw their accounts and incur fees. However, life doesn't always go according to plan, and overdrafts do occur. Without overdraft protection, your ATM and everyday debit card transactions may be declined if you attempt to make a transaction without sufficient funds.
If you do not opt in, your ATM and everyday debit card transactions will NOT be protected under Grant County Bank's overdraft protection.
How to opt in
Complete the opt-in form, and then drop it off at our location or fax it to 620-356-5805. Download the form to get started: