Your checking account can be linked to a Preferred Line of Credit or a Home Equity Line of Credit (collectively “Line of Credit”) product to provide overdraft protection coverage.
After nightly batch processing and all transactions have posted to your checking account, if the available balance in the account isn’t sufficient to cover all of the transactions, a transfer is automatically made from the Line of Credit to your checking account to cover the NSF items.
Transfers are made in the exact amount needed to cover the NSF items.
If the Line of Credit does not have sufficient funds to cover all of the NSF items, we will transfer the amount needed to fully cover as many of the items possible based on the posting order of each item. Any item(s) in your checking account that cannot be fully covered under this Overdraft Protection Plan may result in an overdraft, if paid, or may be returned for Non-Sufficient Funds.
Home Equity Lines of Credit cannot be used as overdraft protection in Texas.
Normal credit criteria apply. Call or visit your local financial center for details.
Call us or visit with us to learn more or to sign up for one of our Overdraft Protection Plans.
Or call 1-800-448-8812
1 For personal accounts under our Standard Overdraft Services:
We may charge you a fee of $36.00 each time we pay an NSF item into overdraft.
We will assess no more than 5 overdraft fees per account per day (Daily Limit).
No overdraft fee will be imposed if, after nightly batch processing, your available balance is overdrawn $10.00 or less. However, if after nightly batch processing, your available balance is overdrawn by more than $10.00, you will be charged an overdraft fee for each overdraft for that day subject to the Daily Limit.
No overdraft fee will be imposed on any overdraft item of $5.00 or less.
Hancock Whitney Bank, Member FDIC and Equal Housing Lender. All loans and accounts subject to credit approval. Terms and conditions apply.
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