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 pay it anyway. We can cover overdrafts in two different ways:

1. We have standard overdraft practices that come with your account.
2. We also offer overdraft protection plans, such as Security Check, 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
• Recurring debit card transactions (example: monthly membership dues)

On or after August 13, 2010 we will not authorize and pay overdrafts for the following 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 State Bank of Lincoln pays my overdrafts?
Under our standard overdraft practices:

• We will charge you a fee of $25 each time we pay an overdraft.
• If your account is overdrawn for 4 or more consecutive business days, we will charge a continual overdraft charge of $5 per day.

What if I want State Bank of Lincoln 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 complete the form below and click Submit. You may revoke your consent at any time.

I want State Bank of Lincoln to authorize and pay overdrafts on my ATM and everyday debit card transactions for the accounts I have listed below. Please list all accounts for which you have Visa Check Card access and want to opt-in to allowing these transactions: