Personal Checking

SmartPrivilege Overdraft Program

SmartPriviliege is an overdraft program designed for our qualified personal checking and SmartFree Business checking accounts for the accidental overdraft that may occur. Fees for use of overdraft protection are up to $35.00 per item charged up to the approved overdraft protection limit. Fees may be imposed for covering overdrafts resulting from checks, in-person withdrawals, electronic means such as debit card transaction and recurring debit card transactions (due to electronic payment systems, the Bank must process a charge that the merchant deems “recurring” and cannot deny the transaction for insufficient funds regardless of whether your account is covered by SmartPrivilege or not). We reserve the right to require repayment of an overdraft balance on demand. Whether your overdrafts will be paid is discretionary and we reserve the right not to pay. For example, we typically do not pay overdrafts if your account is not in good standing, you are not making regular deposits, or you have incurred too many overdrafts. Once the approved overdraft limit is met, the standard NSF fees of $35.00 per item will apply. In order to receive the SmartPrivilege Overdraft Program, clients must meet SmartBank’s eligibility requirements. See a SmartBank Associate for eligibility requirements.

Overdraft Consent Form | Terms & Conditions