An overdraft occurs when you do not have enough money in your account to cover a transaction. We can cover your overdrafts. We have standard overdraft practices that come with your account. Contact us to learn more about our Standard Overdraft Privilege Service, which covers checks, ACH items, etc. up to a $700 overdraft limit: ODP.
You may also request our Extended Overdraft Privilege Service to cover your ATM and everyday debit card transactions within the $700 overdraft limit. Learn more about our Extended Overdraft Privilege Program: Extended Coverage.
Should you wish to decline participation in the program, in its entirety, please complete and return the following: Decline-Remove ODP.
Additional resources and information are available to you, as well. And, of course, we encourage you to contact us with questions and we will be happy to assist.
ODP CFPB Brochure
ODP FRB Bounce Brochure
ODP FDIC Brochure
Money Management Questionnaire
TIPS Personal Budget Planner
The Farmers Bank believes financial education and heightened awareness of personal financial responsibilities help consumers make informed decisions and realize the benefits of responsible money management. If you have been paying multiple overdraft fees, there may be cheaper alternatives which are better suited for your financial needs. The easiest way to manage and protect your account from undesirable overdraft fees is to monitor your account activity carefully. We recommend following these simple steps:
For questions concerning any of these suggestions, please contact our ODP Coordinator, Lynn Henson at (615)323-1122. You may also call a customer service representative at (615) 325-2265 or visit us at your local branch.