OVERDRAFT ASSURANCE OPTIONS

Overdraft Sweep and Overdraft Privilege

FCNB Bank understands that unexpected overdrafts occur from time to time. Overdraft Coverage can help.

Overdraft Assurance Options

The choice is yours. Consider these ways to cover overdrafts:

* Call us at (573) 466-4180, email us at odassurance@fcnb.com, send us a secure message through digital banking, or visit your FCNB Financial Center to sign up for this service.

 **Per item presented means each time an item is presented, including re-presentment.

Overdraft Sweep applies to all transactions and may help prevent overdrafts by automatically transferring funds to your checking account from another account you may have at FCNB Bank for a fee.

Overdraft Privilege allows you to overdraw your account up to the disclosed limit for a fee to pay a transaction. Even if you have Overdraft Sweep, Overdraft Privilege is still available as secondary coverage if the other protection source is exhausted. Please review What Else You Should Know for other important information.

If you would like to select Extended Coverage for future transactions:

• Complete the consent form and mail to us at PO Box 159, Steelville, MO 65565-0159
• Complete the online consent form found here
• Call us at (573) 466-4180
• Visit any FCNB Financial Center
• Send us a message through our Contact Us page
• Send us a secure message through digital banking

*If you choose Extended Coverage on your consumer account, ATM transactions and everyday debit card transactions will be included with the transactions listed under Standard Coverage. If you already have Overdraft Privilege Extended Coverage, it is not necessary to request it again. Business accounts automatically have Extended Coverage.

If you want to discontinue Overdraft Privilege in its entirety, contact us at (573) 466-4180, email us at odassurance@fcnb.com, or send us a secure message through digital banking.

What Else You Should Know

• A link to another account may be less expensive than an overdraft. A single larger overdraft will result in one fee, instead of multiple smaller overdrafts. Use our digital banking and touch tone banking services to track your balance. For financial education resources, please visit www.mymoney.gov.
• The $30 Overdraft Paid Charge that is charged if you overdraw your account is the same fee that is charged if an item is returned as unpaid. If multiple items overdraw your account on the same day, each item will be assessed an appropriate Overdraft Paid Charge or a NSF Return Charge of $30. 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.
• There is no limit on the total Overdraft Paid Charges per day we will charge you for overdrawing your account. We will not charge an Overdraft Paid Charge if an account is overdrawn by $10 or less.
• Recipients of federal or state benefits payments who do not wish us to deduct the amount overdrawn and the Overdraft Paid Charge from funds that you deposit or that are deposited into your account may call us at (573) 466-4180 to discontinue Overdraft Privilege.
• If an item is returned because the Memo Balance (as defined below) in your account is not sufficient to cover the item and the item is presented for payment again, FCNB Bank (“We”) may charge a NSF Return Charge each time we return the item because it exceeds the Memo Balance in your account. Because we may charge a NSF Return 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 re-presentment of the item. When we charge a NSF Return Charge, the charge reduces the Memo Balance in your account and may put your account into (or further into) overdraft. If, on re-presentment of the item, the Memo Balance in your account is sufficient to cover the item we may pay the item, and, if payment causes an overdraft, charge an Overdraft Paid Charge. We may use the terms “item” and “transaction” interchangeably.
• This describes the posting order for purposes of determining overdrafts. Our general policy is to post items throughout the day and to post credits before debits. Transactions are posted in the order they are received on the day they were processed in the following order: return deposit items, priority internal debits, ATM and PIN-based point-of-sale transactions, other internal debits (fees and charges), Visa Debit Card signature-based transactions, in-person withdrawals or checks, other electronic (ACH) debits, and lastly, paper checks presented from other banks in numerical order (by check number).  Because of the many ways we allow you to access your account, the posting order of individual terms may differ from these general policies. Holds on funds (described herein) and the order in which transactions are posted may impact the total amount of Overdraft Paid Charges, NSF Paid Charges or NSF Return 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 Terms and Conditions of Your Account. 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 Memo Balance (including Overdraft Assurance 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 Overdraft Paid Charges for transactions that we would otherwise be required to pay without assessing an Overdraft Paid 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.

Understanding your Memo Balance

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

• We authorize and pay transactions using the Memo Balance.
• Your Available 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 Memo Balance is the amount available to you to use for purchases, withdrawals, or to cover transactions. The Memo Balance is your Available 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 Memo Balance plus the amount of the Overdraft Privilege limit and any available Overdraft Sweep.
• The balance used for authorizing ATM and everyday debit card transactions on accounts with Standard Coverage is your Memo Balance plus any available Overdraft Sweep 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 Memo Balance plus any available Overdraft Sweep and includes the Overdraft Privilege limit.
• Because your Memo 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 on your Memo Balance may create an overdraft. Note that we may place a hold on deposited funds in accordance with our Terms and Conditions of Your Account, which will reduce the amount in your Memo Balance.
• Please be aware that the Overdraft Privilege amount is not included in your Memo Balance provided through digital banking or FCNB Bank’s
• 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 Memo Balance in your account. If your account is overdrawn after the held funds are added to the Memo Balance and the transaction is posted to the Memo Balance, an Overdraft Paid Charge may be assessed.
• Except as described herein, we will not pay items if the Memo 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).

Understanding Overdraft Privilege Limits

• New consumer and business checking accounts (excluding Student Life Checking) will receive a $100 Introductory Overdraft Privilege limit at account opening that will be increased to $600 after 30 days in good standing for consumer accounts or to $1,000 after 60 days in good standing for business accounts.
• New Student Life Checking accounts will receive a $100 Introductory Overdraft Privilege limit at account opening that will be increased to $200 after 30 days in good standing.
• 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

If you have any questions about Overdraft Sweep or Overdraft Privilege, please call us at (573) 466-4180 or visit your FCNB Financial Center.