Sometimes, accidentally overdrawing your account may happen. At FOCUS Bank, we have provided some information below to help you understand the Overdraft Privilege service and tools to help you manage your account/budget.
Overdraft Privilege is not a line of credit. However, with Overdraft Privilege, if you inadvertently, overdraw your account, FOCUS Bank has the discretion to cover your overdrafts for a fee up to the amount of your Overdraft Privilege limit. When your items are paid, this service may help save you the embarrassment of an ATM or everyday debit card transaction being declined or the inconvenience of a check or ACH item being returned, as well as the fee normally charged to you by merchants for items returned to them.
Please feel free to review our Overdraft Privilege Disclosure (PDF) at any time.
From time to time, people have trouble managing their money, so we have some information to help provide some guidance in this area: