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It is important to understand how a transaction may cause an overdraft based on the account balance. Assessment of overdraft or NSF fees is based on the account’s current balance at the time the transaction posts.

Your account has two types of balances:

Available Balance: As the name implies, your available balance is calculated based on the money “available” in your account to make payments. In other words, the available balance takes ACH credit transactions and debit card transactions that have been authorized, but not yet settled, and adds or subtracts them from the current balance. In addition, when calculating your available balance, any “holds” placed on deposits that have not yet cleared are also subtracted from the current balance.

Current Balance: Your account’s current balance (sometimes called the “ledger balance”) includes transactions that have settled up to that point in time, that is, transactions (deposits and payments) that have posted to your account. The current balance does not include outstanding transactions (such as checks that have not yet cleared and electronic transactions that have been authorized but which are still pending). The balance on your periodic statement is the current balance for your account as of the statement date.

Refer to your Funds Availability Policy disclosure for more information on how deposits affect your account balance.

To be eligible for Union State Bank Overdraft Protection, you and your account must meet the following criteria:

1. The account must be at least 60 days old;
2. The account must be in “good standing”;
   1. makes sufficient deposits to bring the account to a positive end-of-day balance at least once every 30 calendar days (including the payment of all Bank fees and charges);
   2. there are no legal orders, levies or liens against the account.
3. The accountholder must not have had a previously charged off overdraft balance;
4. The accountholder must not have a Bank loan that has been internally classified;
5. The accountholder must have a valid address.

If your account becomes temporarily ineligible, your access to Union State Bank Overdraft Protection will generally be restored to cover overdrafts after your account becomes eligible again, unless we notify you otherwise or you request this service be removed from your account. We reserve the right to limit participation and to suspend, revoke, or discontinue this service without prior notice to you.

While we are not obligated to pay any item presented for payment if your account does not contain sufficient funds, as long as your account is eligible and you have not opted out, we may, at our discretion, honor withdrawal requests and pay items that overdraw your account up to your overdraft limit as a noncontractual courtesy. However, the fact that we may honor withdrawal requests and pay items that overdraw your account does not obligate us to do so later. We can change our practice of paying, or not paying, discretionary overdrafts pursuant to Union State Bank Overdraft Protection without notice to you. We will notify you promptly of any insufficient fund items paid or returned, however we have no obligation to notify you before we pay or return any item. We have other overdraft protection plans, such as a link to your savings or checking account, which may be less expensive than Union State Bank Overdraft Protection.

You agree that we may charge fees for overdrafts and NSF transactions. Our overdraft fee is $30, and our NSF fee is $30, as set forth in the current Fee Schedule. You must bring your account to a positive end-of-day balance no later than 30 calendar days after the creation of the overdraft, or your limit will be suspended. We may use subsequent deposits, including direct deposits of social security or other government benefits, to cover any negative balances including fees. If there is more than one owner on the account, each owner and agent, if applicable, shall be jointly and severally liable for all overdrafts including all fees charged.

Multiple insufficient items will result in multiple fees. For example, three paid items in one day will result in three separate fees. To help you manage your account, the total fees you have paid for insufficient items (both paid and returned) during the current statement cycle and for the year-to-date will be reflected on your periodic account statement.

Keeping track of your balance is important for many reasons and is the best way to avoid overdraft and NSF fees. We provide several convenient ways you can review your balance including reviewing your periodic statement, online banking, mobile banking, telephone banking 1-855-468-6872, or visiting a branch location.

Union State Bank Overdraft Protection should not be viewed as an encouragement to overdraw your account. To avoid fees, we encourage you to manage your finances responsibly by keeping track of your account balance and reconciling it regularly. Current balances provided do not include your Union State Bank Overdraft Protection limit. Financial education tools may be found at https://www.fdic.gov/moneysmart and https://www.consumerfinance.gov/.

Previously returned items may be re-presented for payment by the payee or their financial institution multiple times (representments). It is our policy not to assess overdraft or NSF fees on items that are re-presented. If our processing system inadvertently charges you for a re-presented item, please contact us for a refund of this fee.

APPN transactions occur when your account had a sufficient available balance at the time the transaction was authorized, but given the delay between authorization and posting, the balance is not sufficient at the time the transactions posts.

It is our policy not to charge for transactions that are approved on a positive balance but settle on a negative balance. If our processing system charges you a fee for an APPN transaction, please contact us for a refund.

For consumer accounts, we will decline ATM and one-time debit card transactions that would overdraw your account unless you opt in for coverage of these transactions. If you opt in, we may authorize ATM and one-time debit card transactions by using your available balance and your Union State Bank Overdraft Protection limit. If you have not opted in to coverage for ATM and one-time debit card transactions and you would like to, or if you would like to revoke your previous authorization, call us at 1-855-468-6872 or visit a branch location for assistance.

For non-consumer (business/commercial) accounts, access to the limit for ATM and one-time debit card transactions will be automatically available.

Your Union State Bank Overdraft Protection limit may be available for each item created by checks and other transactions made using your checking account number, teller withdrawals, ACH transactions, automatic bill payments, or recurring debit card payments.

Normally, we will not approve an overdraft for you in excess of the predetermined limit assigned to your account. So as not to exceed your limit, remember that the amount of the overdraft plus the applicable overdraft fee per item will be deducted from your Union State Bank Overdraft Protection limit.

If you have more than one account, all eligible accounts will be assigned a limit.

Overdraft limits are assigned based on account type and differ between consumer and business accounts.

New consumer accounts will be assigned an introductory overdraft limit of $50 at account opening. After your account is open for 60 days, an overdraft limit may be assigned based on eligibility criteria. Locate your account type to reference the corresponding limit.

Free Kasasa Cash Checking ……………$ 500	Silver Select Checking ……………$ 500
Free Kasasa Cash Back Checking………$ 500	Freedom Checking ……………..…$ 500
Free Kasasa Saver Checking ……………$ 500	Checking with Interest……………$ 500

The order in which items are paid is important if there is not enough money in your account to pay all of the items that are presented. The payment order can affect the number of overdraft or NSF items and the amount of the fees you may have to pay. To assist you in managing your account, we are providing you with the following information regarding how we process those items. We encourage you to practice good account management which may help you to prevent making payments without sufficient funds and potentially incurring the resulting fees.

In the normal course of business, we generally pay electronic transactions first and then checks according to check sequence order, per the bank’s policy; however, checks are often converted to electronic transactions which may post to your account more quickly, affecting the order in which they post. We reserve the right to change the order of payment without notice to you if we suspect fraud or possible illegal activity affecting your account.