Overdraft Privilege - Download brochure
Have you ever run short of funds just before
payday or when you have an unexpected expense? Union Bank & Trust provides Overdraft Privilege Service. Available on personal checking
accounts that are maintained in good standing, this service can allow
you to overdraw your account up to $800 ($1,500 for eligible Business
- Payment of overdrafts up to $800 will normally be
considered on eligible personal checking accounts; up to $1,500
for eligible Business Checking accounts.
- Fewer charges from retailers for returned checks
- Additional convenience and flexibility in managing
- Less aggravation and embarrassment
To qualify for the discretionary overdraft service you do not have to
do anything special or sign any additional documents. However, you must opt in to utilize this protection on your everyday debit card and ATM transactions on your personal account.
If you ever find yourself a little short of money,
or have an unexpected financial need, we will consider as a courtesy,
the payment of your overdraft items up to your assigned Overdraft Privilege
Download the brochure for complete details. If you feel you would not benefit from this service you may opt-out
by contacting us at (402) 323-1777.
For personal accounts only, if you wish to have overdraft
coverage on debit and ATM
card transactions, you must opt in.
Your Union Bank & Trust checking account may have a special feature called Overdraft Privilege. This service may provide a safety net in the event there are not enough funds in your account at the time of your purchase. Overdraft Privilege does not include everyday debit card purchases or ATM withdrawals unless you ask us to; if you want us to authorize and pay overdrafts on these transactions, you may opt in by clicking the link above. If you do not choose to opt in to this service, overdrafts will not be paid on everyday debit card and ATM transactions and the transactions will be declined.
Checking Plus - Download brochure for further information regarding the program.
- Protects you against overdrafts and is a source
of funds for large purchases or emergencies.
- Automatically advances funds into your checking
account, up to your approved credit
- Offers a minimum credit line of $1,000. Subject to credit approval.
- There is a $34 annual fee but no transaction fees.
- Repayment is easy with an automatic charge
of 1/20th of the outstanding balance ($15 minimum), plus
interest. Or, you can pay the entire balance at any time.
- The 18.00% Annual Percentage Rate is calculated from the date you access funds from the line-of-credit.
- Provides you the opportunity to establish
future credit and build a solid credit rating.
Automatic Account Transfers
Avoid overdraft fees by signing up for our Automatic Account
Transfer service. When an overdraft occurs, funds will be automatically
transferred from another checking or savings account. Automatic transfers
are made in increments of $100. For manual transfers, please contact
a Personal Banker.
If you have any questions about any of our Overdraft Protection services,
please contact a Personal Banker, or call 800-297-2837, or in Lincoln
(402) 323-1777. Please contact
us if we can explain anything further.
Information About Procedures For Opening A New Account—
To help the government fight the funding of terrorism and money laundering
activities, Federal law requires all financial institutions to obtain,
verify, and record information that identifies each person who opens
an account. What this means for you: When you open an account, we will
ask for your name, address, date of birth, and other information that
will allow us to identify you; we may also ask to see your driver’s
license or other identifying documents.
For general information on FDIC Insurance, click here. For an important disclosure regarding deposit insurance on noninterest-bearing transaction accounts, click here.
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