An overdraft occurs when you do not have enough money in your account to cover a transaction, but we pay it anyway. We can cover your overdrafts in two different ways:
This notice explains our standard overdraft practices.
We will authorize and pay overdrafts for the following types of transactions:
We will not authorize and pay overdrafts for the following types of transactions unless you ask us to (see below):
We pay overdrafts at our discretion, which means we do not guarantee that we will always authorize and pay any type of transaction.
If we do not authorize and pay an overdraft, your transaction will be declined.
Under our standard overdraft practices:
If you want us to authorize and pay overdrafts on ATM and everyday debit card transactions click here for a printable form. Complete the form and present it at your local branch or mail to: Americana Community Bank, 9495 Blackoaks Lane North, Maple Grove, MN 55311, Attn: Operations
Please Note: If you choose to opt in at this time and then later change your mind about having Americana Community Bank pay overdrafts on your ATM and everyday debit card transactions, you can revoke or opt out of this service at any time by contacting your Americana Community Bank branch or by sending a written request, including your name, address, date of request and account number(s) to: Americana Community Bank, 9495 Blackoaks Lane North, Maple Grove, MN 55311, Attn: Operations