Introduction
There are so many demands for your time; your family, your job, and your community… just to name a few. At United Bank, we realize that you won't always have time for your checkbook. Our overdraft protection products are safety nets that provide you with both convenience and peace of mind.

• $35 annual fee will be automatically debited from your primary checking account on or about the anniversary date of your overdraft protection sweep agreement.
• A $5.00 charge will be assessed for each automatic transfer of funds.
• Funds will be automatically transferred in increments of $100 from the secondary account and will total an amount necessary to bring the checking account balance to or above $0.

NOTE: Transfers from a savings or money market account are limited by federal regulations to 6 per statement cycle.

Overdraft Protection Line of Credit
With an Overdraft Protection Line of Credit, your checking account is covered up to the amount of your line of credit. It protects you from overdrafts and from having transactions denied for insufficient funds. Funds are automatically transferred when you exceed your checking account balance. To cover the transaction(s), funds are transferred from your line of credit to your checking account. You will receive a monthly statement detailing any outstanding balance used on the overdraft line of credit.

• A $35.00 annual fee is paid upon approval of your credit line. After that, the fee will be automatically debited from your primary checking account on or about the anniversary date of your Overdraft Protection Agreement.
• A $5.00 charge will be accessed for each automatic transfer of funds.
• Funds will be automatically transferred in increments of $100 from the credit line and will total an amount necessary to bring the checking account balance to or above $0.
• The minimum payment is the greater of $50.00 per month or 5% of the outstanding balance (principal and interest).

Overdraft Privilege
Overdraft Privilege is a service we add to your checking account to cover inadvertent overdrafts, subject to the eligibility criteria as explained below. With Overdraft Privilege we will generally pay your overdraft items up to $500.00 total however, whether your overdrafts will be paid is discretionary and we reserve the right not to pay. For example, we typically do not pay overdrafts if your account is not in good standing, or you are not making regular deposits, or you have too many overdrafts. You will be charged our normal overdraft or return item fee currently $32.50, up to $162.50 per day, for each item that is presented. Both the amount of the overdraft items and all applicable fees, including but not limited to the overdraft fees, are included in this $500 limit. All deposits to overdrawn accounts are applied to the negative balance.

Overdraft Privilege Eligibility
No application is required for Overdraft Privilege; eligibility is at the sole discretion of the Bank and is based on you managing your checking account in a responsible manner. Your Overdraft Privilege may be suspended or permanently removed based on the following criteria:

• You do not bring your account to a positive balance within 30 days of becoming overdrawn.
• You are more than 30 days past due on any Bank loan or delinquent on any other obligation to the Bank.
• You are subject to any legal or administrative orders, levy, or are currently a party in a bankruptcy proceeding.
• You have an outstanding balance on an Overdraft Repayment Plan.
• You are a minor.
• An Equifax or any other negative indicator has been reported to us.
• You have an account that has been opened less than 60 days, or if you were overdrawn for more than 4 times during the first 60 days that your account was opened.
  
• Your account is classified as dormant.
• Your account type is not eligible
• Account is being reviewed for fraudulent activity or transactions
• You have unresolved prior loss with the Bank
• We do not have a valid address for you
• We believe you are not managing your account in a responsible manner which may harm you or us.

Transactions Eligible for Overdraft Privilege
Overdraft Privilege will be available for all checks written, in-person withdrawals, ACH transactions, preauthorized automatic transfers, internet banking and telephone banking. Overdraft Privilege will not be available for ATM and everyday debit card transactions unless you authorize the bank by completing an ATM/Debit Card Consent Form.

NOTE: If you have consented to Overdraft Privilege for ATM transactions, please verify your balance before initiating an ATM cash withdrawal. All overdrafts will be subject to our $32.50 overdraft fee for each withdrawal, up to $162.50 per day, until the account returns to a positive balance.  

Overdraft Privilege Opt Out:
If you do not want to have Overdraft Privilege, simply contact us and we will provide you an opt out form to remove this benefit from your account. It is important for you to consider that there is no additional cost for Overdraft Privilege and that by opting out you are instructing us to return unpaid all items presented against insufficient funds. If you opt-out, you will still be charged our $32.50 returned item fee. Customers who receive a Social Security, federal direct deposit, or any other entitlement benefit must opt-out if they do not want United Bank to apply those funds to pay an overdraft.  

Payment Order of Items:
The order in which items are presented may affect the total fees assessed to your account. The first items that we pay are ATM withdrawals, debit card transactions, and any checks cashed by our employees or that you have written to us. We then pay any items that were submitted electronically, such as ACH items, preauthorized automatic transfers, telephone-initiated transfers and any other electronic transfers. Finally, we pay the remaining items based on check number order.

NOTE:  Please be aware that holds placed on your account for pending electronic transactions, such as hotel or rental car deposits, reduce your available balance and may cause your account to become overdrawn.

Excessive Use
We monitor accounts for chronic or excessive use. If you overdraw your account more than six times in a rolling twelve month period you will be contacted to discuss alternatives and/or continued use of Overdraft Privilege.