With standard overdraft coverage, we authorize and pay overdrafts for the following transactions up to the account limit:
Under our standard overdraft practices, we may charge you a fee of up to $34 each time we pay an overdraft, with a maximum of six per day. Also, if your account is overdrawn for four or more consecutive business days, we may charge an additional $5 per business day, for a maximum of 15 business days.
Heritage Bank’s standard practice is to provide all eligible checking accounts with Standard Heritage Overdraft Coverage. This is a discretionary program where we will strive to pay your checks and automatic payments when you don’t have enough funds in your account to cover the transaction(s). With standard overdraft coverage , the Bank authorizes and pays overdrafts for the following transactions up to the account limit:
Our standard coverage does not automatically include coverage for ATM and one-time debit card transactions. To extend your coverage to your ATM and one-time debit card transactions that might overdraw your account, you must opt in to Enhanced Overdraft Coverage.
With Enhanced Overdraft Coverage, you are authorizing us to strive to pay the following types of transactions when you don’t have enough funds in your account to cover the transaction(s):
If you “Opt In” to enhanced coverage, this means you are authorizing us to strive to pay these items. Our standard overdraft fees would apply.
If you “Opt Out” of enhanced coverage, this means when a transaction you are attempting is for more than the available balance in our account, your transaction will be declined and no fee will be assessed.