What is Overdraft Protection?

Are there fees associated with Overdraft Protection?

Yes, overdraft privileges do have associated fees.

• Overdraft Privilege Fee: $30.00
• Overdraft Privilege Fee (Young Adult 18 - 23): $10.00 for transactions $10.00 or less; $20.00 for transactions above $10.00
• Overdraft Transfer Fee (from Credit Card, Line of Credit, Savings, or Checking Account): $5.00

For further details read the Texas Trust Overdraft Coverage Disclosure

How does Overdraft Protection work with Linked Accounts?

If a checking or savings account is linked to a different account eligible for overdraft protection, the exact amount to cover an overdraft can be transferred. 

If a transfer is made from a credit card or line of credit, transfers are made in increments of $100.

Transfer fees apply.

What if a Linked Account cannot cover an overdraft?

Overdraft Protection is the first source of funds for all overdraft occurrences. If the linked accounts do not have a sufficient available balance, we will use Standard Overdraft Privilege or Extended Overdraft Privilege to pay the transaction up to specified limits if they apply to your account.

Can I cancel this coverage?

You can terminate Overdraft Protection at any time via email; secure message center in online banking; branch visit; or telephone at (972) 263-5171 or (800) 527-3600; or mail at PO Box 2260, Mansfield, Texas 76063.

If neither Overdraft Protection nor Overdraft Privilege allows payment of an overdraft, the transaction may be declined for insufficient funds and the NSF fee in the Fee Schedule will be charged.

What is Standard Overdraft Privilege?

Standard Overdraft Privilege is provided to you when your account is opened and stays in place as long as your account remains in good standing. When you have an overdraft in your checking account and your linked accounts do not have sufficient available funds to pay it, we use Standard Overdraft Privilege for purchases made using your checking account and routing numbers.

This coverage includes Bill Pay payments, checks, and ACH transactions. We’ll pay these transactions automatically up to your overdraft limit.

Are there fees associated with Overdraft Protection?

Yes, overdraft privileges do have associated fees.

• Overdraft Privilege Fee: $30.00
• Overdraft Privilege Fee (Young Adult 18 - 23): $10.00 for transactions $10.00 or less; $20.00 for transactions above $10.00
• Overdraft Transfer Fee (from Credit Card, Line of Credit, Savings, or Checking Account): $5.00

For further details read the Texas Trust Overdraft Coverage Disclosure

What is my overdraft privilege limit?

For the first 30 days of opening a checking account, your limit is $100. After 30 days, standard overdraft limits are $500, however if your checking account has a monthly direct deposit of $500 or more, your limit is $1,000. Keep in mind the limit includes both applicable fees and transaction amounts.

Are any transactions not covered by Standard Overdraft Privilege?

Everyday debit card purchases and ATM withdrawals are not covered with Standard Overdraft Privilege. You have the choice of opting into Extended Overdraft Privilege for those transactions.

Can I cancel this coverage?

Yes. You can decline or revoke Standard Overdraft Privilege at any time via email; secure message center in online banking; branch visit; or telephone at (972) 263-5171 or (800) 527-3600.

What is Extended Overdraft Privilege?

You may choose to have overdraft privilege protection for everyday debit card purchases and ATM withdrawals by opting into Extended Overdraft Privilege.

How do I opt in?

You may opt in at any time via email; secure message center in online banking; online banking; branch visit; telephone at (972) 263-5171 or (800) 527-3600; or mail at PO Box 2260, Mansfield, Texas 76063.

How do I opt out?

You can terminate (opt out of) Extended Overdraft Privilege at any time via email; secure message center in online banking; branch visit; or telephone at (972) 263-5171 or (800) 527-3600; or mail at PO Box 2260, Mansfield, Texas 76063.

How much does it cost?

There is no cost to opt in or out of overdraft.

Applicable fees for using Overdraft Privilege are:

• Overdraft Privilege Fee: $30.00
• Overdraft Privilege Fee (Young Adult 18 - 23): $10.00 for transactions $10.00 or less; $20.00 for transactions above $10.00
• Overdraft Transfer Fee (from Credit Card, Line of Credit, Savings, or Checking Account): $5.00

For further details read the Texas Trust Overdraft Coverage Disclosure

What is my overdraft limit?

For the first 30 days of opening a checking account, your limit is $100. After 30 days, standard overdraft limits are $500, however, if your checking account has a monthly direct deposit of $500 or more, your limit is $1,000. Keep in mind the limit includes the applicable fees and the transaction amounts.

If I opt out, do I still have to pay my fees?

Yes, you do have to pay any fees incurred before revoking.

What is Student-Minded Overdraft Privilege

Student-Minded Checking accountholders 18 & over are provided Student-Minded Overdraft. The overdraft privilege limits and applicable fees are lower to accommodate young account holders. 

To encourage safe spending habits, Standard Overdraft Privilege and Extended Overdraft Privilege are not available on Student-Minded Checking Accounts for members under 18 years old.

Are there fees associated with Overdraft Protection?

Yes, overdraft privileges do have associated fees.

• Overdraft Privilege Fee: $30.00
• Overdraft Privilege Fee (Young Adult 18 - 23): $10.00 for transactions $10.00 or less; $20.00 for transactions above $10.00
• Overdraft Transfer Fee (from Credit Card, Line of Credit, Savings, or Checking Account): $5.00

For further details read the Texas Trust Overdraft Coverage Disclosure

What is my limit?

The overdraft privilege limit for Student-Minded Checking accounts is $100. Keep in mind the limit includes the applicable fees and the transaction amounts.

Can I get coverage for debit card purchases and ATM withdrawals?

Yes, if you are 18 or older. You must opt in for this coverage, which you can do via email; secure message center in online banking; branch visit; or telephone at (972) 263-5171 or (800) 527-3600; mail at PO Box 2260, Mansfield, Texas 76063.

How do I opt-out?

You can revoke (opt out of) Student-Minded Account Standard Overdraft Privilege or the Extended Overdraft Privilege for debit card purchases and ATM withdrawals at any time via email; secure message center in online banking; branch visit; or telephone at (972) 263-5171 or (800) 527-3600; mail at PO Box 2260, Mansfield, Texas 76063.