• A link to another account or line of credit may be less expensive than an overdraft. A single larger overdraft will result in one fee, instead of multiple smaller overdrafts. Use our mobile and internet banking services to track your balance. For financial education resources, please visit www.mymoney.gov.
•  The $27.50 NSF Paid Check Charge that is charged if you overdraw your account is lower than the fee that is charged if an item is returned as unpaid. If your consumer account is overdrawn by $4.00 or less, the NSF Paid Check Charge is $0. If multiple items overdraw your account on the same day, each item will be assessed an appropriate NSF Paid Check Charge or a NSF Return Check Charge of $29.00. All fees and charges will be included as part of the Overdraft Privilege limit amount. Your account may become overdrawn more than the Overdraft Privilege limit amount because of a fee.
• For consumer accounts, there is a daily total limit of $145.00 for NSF Paid Check Charges/NSF Returned Check Charge per account. We will not charge an NSF Paid Check Charge/NSF Returned Check Charge if a consumer account is overdrawn by $4.00 or less. These exceptions do not apply to business accounts.
• Recipients of federal or state benefits payments who do not wish us to deduct the amount overdrawn and the NSF Paid Check Charge from funds that you deposit or that are deposited into your account may call us at 580-336-5562 to discontinue Overdraft Privilege.
• If an item is returned because the Available Balance (as defined below) in your account is not sufficient to cover the item and the item is presented for payment again, First Bank & Trust Company (“We”) will charge a NSF Return Check Charge each time we return the item because it exceeds the Available Balance in your account. Because we may charge a NSF Return Check Charge each time an item is presented, we may charge you more than one fee for any given item as a result of a returned item and representment of the item. When we charge a NSF Return Check Charge, the charge reduces the Available Balance in your account and may put your account into (or further into) overdraft. If, on representment of the item, the Available Balance in your account is sufficient to cover the item we may pay the item, and, if payment causes an overdraft, charge an NSF Paid Check Charge. We may use the terms “item” and “transaction” interchangabley.
• If your account balance remains overdrawn for longer than 7 business days, we will charge your account a weekly overdraft charge of $25.00 for each 7 consecutive business days the account remains overdrawn, beginning with day 7.
• We generally post items in the following order: 1) credits, 2) Pre-authorized transactions such as ATM withdrawals or transfers and one-time POS transactions first and in dollar amount order with the smallest first, 3) ACH debit transactions, electronic banking transfers or wire transfers, with the smallest dollar amount first, 4) checks, drafts and recurring POS transactions according to the dollar amount with the smallest items first, 5) service charges will post last beginning with the smallest first. However, exceptions will occur. Holds on funds (described below) and the order in which transactions are posted may impact the total amount of NSF Paid Check Charges or NSF Return Check Charges assessed.
• Overdraft Privilege is not a line of credit; it is a discretionary overdraft service that can be withdrawn at any time without prior notice.
• Depositor and each Authorized Signatory will continue to be liable, jointly and severally, for all overdraft and fee amounts, as described in the Deposit Account Agreement and Disclosure. The total (negative) balance, including all fees and charges, is due and payable upon demand.
• We may be obligated to pay some debit card transactions that are not authorized through the payment system but which we are required to pay due to the payment system rules, and as a result you may incur fees if such transactions overdraw your account. However, we will not authorize debit card or ATM transactions unless your account’s Available Balance (including Overdraft Coverage Options) is sufficient to cover the transactions and any fee(s).
• Giving us your consent to pay everyday debit card and ATM overdrafts on your consumer account (Extended Coverage) may result in you incurring NSF Paid Check Charges for transactions that we would otherwise be required to pay without assessing an NSF Paid Check Charge. However, this would allow us to authorize transactions up to the amount of your Overdraft Privilege limit. If you consent to Extended Coverage on your consumer account, it will remain on your account until it is otherwise withdrawn.

Your account has two kinds of balances: the Ledger Balance and the Available Balance.

• We authorize and pay transactions using the Available Balance.
• Your Ledger Balance reflects the full amount of all deposits to your account as well as payment transactions that have been posted to your account. It does not reflect checks you have written and are still outstanding or transactions that have been authorized but are still pending.
• Your Available Balance is the amount available to you to use for purchases, withdrawals, or to cover transactions. The Available Balance is your Ledger Balance, less any holds due to pending debit card transactions and holds on deposited funds.
• The balance used for authorizing checks, ACH items, and recurring debit card transactions is your Available Balance plus the amount of the Overdraft Privilege limit and any available Overdraft Protection.
• The balance used for authorizing ATM and everyday debit card transactions on accounts with Standard Coverage is your Available Balance plus any available Overdraft Protection but does NOT include the Overdraft Privilege limit.
• The balance used for authorizing ATM and everyday debit card transactions on accounts with Extended Coverage is your Available Balance plus any available Overdraft Protection and includes the Overdraft Privilege limit.
• Because your Available Balance reflects pending transactions and debit holds, your balance may appear to cover a transaction but later upon settlement it may not be sufficient to cover such transaction. In such cases, the transaction may further overdraw your account and be subject to additional overdraft fees. You should assume that any item which would overdraw your account based
• Please be aware that the Overdraft Privilege amount is not included in your Available Balance provided through online banking,
  mobile banking or First Bank & Trust Company’s ATMs.
• We will place a hold on your account for any authorized debit card transaction until the transaction settles (usually within two
  business days) or as permitted by payment system rules. In some cases, the hold may exceed the amount of the transaction.
  When the hold ends, the funds will be added to the Available Balance in your account. If your account is overdrawn after the held
  funds are added to the Available Balance and the transaction is posted to the Available Balance, an NSF Paid Check Charge may be
  assessed.
• Except as described herein, we will not pay items if the Available Balance in your account (including the Overdraft Privilege limit, if
  applicable) is not sufficient to cover the item(s) and the amount of any fee(s).

• New consumer and business checking accounts will receive a $100.00 Introductory Overdraft Privilege limit at account opening that
  will be increased to $500 after 30 days in good standing for consumer and business accounts.
• Overdraft Privilege may be reduced if you default on any loan or other obligation to us, your account becomes subject to any legal or
  administrative order or levy, or if you fail to maintain your account in good standing by not bringing your account to a positive
  balance within 32 days for a minimum of one business day. You must bring your account balance positive for at least one business
  day to have the full Overdraft Privilege limit reinstated.

If you have any questions about Overdraft Protection or Overdraft Privilege, please call us at 580-336-5562 or visit any of our locations.

Extended Coverage Consent Form

Your Guide to Preventing and Managing Overdraft Fees

Consumer Financial Protection Bureau