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Important Information on Overdraft Privilege

Overdraft Privilege is not a line of credit.

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Personal Checking Accounts Overdraft Privilege Approval Process

Account must be open for at least 30 days
Account must be maintained in good standing
If you qualify for Overdraft Privilege and want us to authorize and pay overdrafts, up to your overdraft limit, on ATM and everyday debit card transactions you must opt in
Click/Print Form Overdraft Opt In Form
Drop off at any ValueBank Texas Branch

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Business Checking Accounts Overdraft Privilege Approval Process

Account must be open for at least 60 days
Account must be maintained in good standing
Overdraft charges may be imposed on any overdraft created by check, in person with­drawal, or other electronic means as applicable.

Overdrafts resulting from checks and other debits paid from your account will be assessed a $27.50 charge per item. *Please Note: Overdraft limit includes fees assessed.

Overdraft balances, including all non-sufficient funds and overdraft charges are payable upon demand. Your account is required to be brought to a positive balance every 30 days or less.

ValueBank Texas is not obligated to pay any item presented for payment if your account does not contain sufficient funds.

Approval of payment of reasonable overdrafts by ValueBank Texas for accounts in good standing is only a courtesy, and not a right or an obligation within ValueBank’s sole and absolute discretion and can cease at any time without prior notice or reason or cause.