What you need to know about overdrafts & 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 your overdrafts in two ways:

1. We have standard overdraft practices that come with your account.
2. 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:

• 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 be charged if Fannin Bank pays my overdraft?

Under our standard overdraft practices:

• We will charge you a fee of up to $30.00 each time we pay an overdraft.
• We will limit overdraft charges to $120.00 per account per day.
• We will not charge an overdraft fee if the item is less than $10.00.
• You must bring your account to good standing (positive balance) at least every 30 days.

What if I want Fannin Bank to authorize and pay overdrafts on my everyday ATM/Debit Card transactions?

If you want us to authorize and pay overdrafts on everyday ATM/Debit Card transactions, please let us know:

• Electronically: Complete the Enrollment Form and click the submit button, (it’s safe and secure.)
• In Person: Print the Enrollment Form, complete all information, and present it to any Fannin Bank branch
• By Fax: Print this form, complete all information, and fax to: (903) 583-2436
• By Mail: Print the Enrollment Form, complete all information, and mail to:

  Fannin Bank
  P. O. Box 160
  Bonham, Texas 75418

HOW TO FILE COMPLAINTS WITH THE TEXAS DEPARTMENT OF BANKING

The Fannin Bank is chartered under the laws of the State of Texas and by state law is subject to regulatory oversight by the Texas Department of Banking. Any consumer wishing to file a complaint against the Fannin Bank should contact the Texas Department of Banking through one of the means indicated below:

In Person, or U.S. Mail:

Texas Department of Banking
2601 North Lamar Boulevard, Suite 300
Austin, Texas 78705-4294

Phone No. (877)-276-5554
    Fax No. (512) 475-1313

 E-mail: consumer.complaints@dob.texas.gov

Website: www.dob.texas.gov

!Please do not send any sensitive information via email!

After agreeing to the terms and conditions, the Enrollment Form will follow when you click the NEXT button below.