What you need to know about Overdraft and Overdraft Fees

An overdraft occurs when you do not have enough money in your account to cover a transaction. We can cover your overdraft by providing Overdraft Privilege on your checking account.


What is the Overdraft Privilege Program?

We may authorize and pay overdrafts for the following types of transactions:

  • Checks and other transactions made using your checking account
  • Automatic bill payments

We do not authorize and pay overdrafts for the following types of transactions unless you Opt-In (see below):

  • One time debit card transactions (non-recurring transactions)
  • ATM withdrawals

We pay overdrafts at our discretion and do not guarantee that we will always authorize and pay any type of transaction. If we do not authorize your transaction, it will be declined.

What fees will Community First charge if I use the Overdraft Privilege Program?

  • We will charge a fee of $33 each time you overdraw your account and we pay the overdraft.
  • There is no limit on the total fees we can charge you for overdrawing your account.

Other Ways We Can Cover Your Overdrafts

We offer other ways of covering your overdrafts that may be less expensive, such as linking your account to another account with us or an overdraft line of credit. Contact us to learn more about these options

Overdraft Privilege Disclosure

If you want Community First to authorize and pay overdrafts on one-time debit transactions and ATM withdrawals, as well as, checks and ACH Withdrawals (Automated Clearinghouse), please complete the secure form below.