1Your account is overdrawn when your Available Balance is less than zero. If we pay an Item which exceeds your Available Balance, the transaction will be considered an overdraft transaction, and your account will be considered overdrawn. If an Item exceeding your Available Balance is presented for payment and we return the Item unpaid, the transaction would be considered a non-sufficient funds transaction.
2Not all devices supported. Available for eligible personal and business checking and savings account customers only. CD customers may view their balance and account activity only. Must be an active personal online banking user.
3To be a qualifying overdraft deposit, the deposit must be: (1) of funds with same-day availability under our funds availability disclosure; (2) in an amount set forth in the next paragraph; (3) made to the overdrawn account; and (4) if the deposit will include cash or check, made at any of our branches up to the daily closing time of the branch on that business day, or at a full-service ATM located on the premises of one of our branches by 6 p.m. PT. A full-service ATM is an ATM that accepts deposits in addition to dispensing cash. If items exceeding your available balance were paid, the qualifying overdraft deposit must be in an amount that, when all debits and credits to your account for that business day have been posted, results in your available balance being overdrawn by no more than $10. A deposit made after 6 p.m. PT on a business day or made on a day that is not a business day is deemed to be made on our next business day.
4Linked account means another account on which you are an owner, such as a savings, money market, or checking account, which you requested we link to your checking account for overdraft protection purposes. If your linked account earns interest, you should decide whether the amount of overdraft charges on your checking account you anticipate you will avoid under the linked account arrangement will be greater than the amount of interest you will forgo by having funds transferred from the linked account. You may request our Truth-in-Savings Disclosures for the type of account you propose to use as a linked account. It offers information regarding how interest is determined on the linked account and any minimum balance or other requirements to earn interest on the linked account.
5Overdraft line of credit: Credit approval and income verification required. Annual percentage rate (APR) for an overdraft line of credit (ODLOC) is 18%. ODLOC amount varies by your credit score and other factors. Customers with a Desert Community Bank account relationship of 60 days or less are only eligible for up to $3,000. See your current consumer overdraft line of credit account disclosure agreement for details and more information about the interest rate.
6Bounce Protection: We will assess an overdraft charge of $10 to your account for each item we pay exceeding the available balance in your account. We may assess more than one overdraft charge to your account each day, depending on the number of checks and other items presented on your account that day, subject to the small amounts exception and qualifying overdraft deposit exception. However, we will not charge you more than three overdraft charges charges per day. We will not charge you an overdraft charge a) on any item presented for payment in the amount of $10 or less or b) if your account is overdrawn $10 or less after we finish the process of posting all debits and credits to your account on a business day. We do not assess overdraft charges until after 6 p.m. PT on each business day, which allows us to complete the process of posting all debits and credits received by 6 p.m. PT. This is important to you because it allows you to avoid an overdraft charge or non-sufficient funds transaction by making a qualifying overdraft deposit (defined above) by 6 p.m. PT on the same business day. We will pay the item only if your account is in good standing. We will not pay items that would cause the overdraft in your account to exceed your Bounce Protection limit. Your account is in good standing for purposes of Bounce Protection if you (1) deposit enough money to bring your account to a positive balance (including the payment of all bank fees and charges) at least once every 30 consecutive days by the end of the business day and the balance must remain positive until the next business day; (2) avoid excessive overdrafts; and (3) have no legal orders, levies or liens against your account. You should make every attempt to bring your account to a positive balance as soon as possible after an overdraft occurs. If we have not demanded immediate payment, you must bring your account to a positive balance (including the payment of all bank fees and charges) at least once every 30 consecutive days by the end of the business day and the balance must remain positive until the next business day. If you do not do so, we will notify you that your Bounce Protection has been suspended and that future items exceeding your available balance will be returned unpaid. Unless we notify you otherwise or you request that Bounce Protection be removed from your account, Bounce Protection will be reinstated on your account on the first business day after you bring your account to a positive end-of-business-day balance and the balance remains positive until the next business day. If your balance has been negative in any amount for 60 consecutive days, on the first business day after that we will close your account. "Item" means any order, instruction or authorization to pay, transfer or withdraw funds or money from your account including, but not limited to, checks, substitute checks, preauthorized drafts, withdrawal tickets, transfers, electronic debits, imaged debits, wire transfers, ATM debits, ACH debits, bill pay debits, photocopy debits, bank generated debits, and debit card point of sale transactions.
7Bounce Protection is limited to payment of paper checks and other transactions made using your account number (such as teller withdrawals, automatic ACH bill payments, and recurring debit card payments). We are not obligated to pay any item presented for payment that would cause your account to be overdrawn.
8Everyday (nonrecurring) debit card purchases and ATM transfers or withdrawals that overdraw your account may be paid using Bounce Protection if you have chosen to also enroll in ATM and Debit Card Overdraft Protection or if your account is a business account. An overdraft charge will be assessed in each of these situations. We are not obligated to pay any Item presented for payment that would cause your account to be overdrawn.
9You may instruct us whether you want us to transfer from any Linked Account(s) or overdraft line of credit in a certain order. Otherwise, we will transfer from a Linked Account or overdraft line of credit in the order it was associated with your account.
This information is subject to change. See the complete Disclosure Guide for further information.
