Overdraft consideration is our ability to decide whether we will authorize and pay into overdraft your ATM and one-time debit card transactions, pay and/or return checks, ACH and other items when you have an insufficient available balance. We extend overdraft consideration to you in our sole and absolute discretion.
We do not authorize and pay ATM and everyday debit card (point of sale) transactions into overdraft unless you ask us to by opting-in to this coverage on these transactions. If you opt-in and we authorize and pay these items into overdraft, an overdraft fee may be assessed on each item. Please note that even if you do not opt-in, we may pay these items into overdraft if sufficient funds were available at the time of authorization, but not available at the time of settlement; however we will not charge you an overdraft fee.
We pay overdrafts at our discretion, which means we do not guarantee that we will always authorize and pay any type of transaction. Even if we pay your account into overdraft, we maintain the right not to do so at any other time. If we do not authorize your transactions, it will generally be declined and may not be paid into overdraft.