Attn: ATM & Debit Card Holders We're Live!

Real Time Processing is Happening...
 

We have updated the way debit card and ATM transactions are processed. We are processing transactions based on actual account balances – 24 hours a day, 7 days a week. The approval of your request to make a purchase with your debit card or withdraw money at an ATM will be based on the available balance in your account, plus any available line of credit connected to the account (subject to security limits). Additionally, transactions will be processed immediately.

What do these changes mean to you

• Debit card and ATM transactions will be authorized based on the available balance in your account plus any available line of credit connected to that account (subject to security limits). If funds are not available, the transaction will be denied.

• There will no longer be any debit/ATM overdraft fees.

• ATM and PIN based Debit Card transactions will be posted to your account immediately.

• The funds for debit card transactions will immediately be deducted from your available share draft/checking balance and placed on hold for three business days or until the transaction is posted by the merchant (whichever occurs first). Note: A merchant transaction may still clear after the three day hold.

• All ATM deposits will be subject to a two-day hold.

• These changes have no effect on share draft check clearing or Automated Clearing House (ACH) or Web BillPay processing.

How can I avoid being potentially declined?

• Maintain an accurate record of the balance in your account(s). Online Banking and Sourceline are two free services that allow access to your current balance (remember to deduct outstanding items).  You can also use Online Banking and Sourceline to transfer funds between accounts; your transaction will be processed immediately and reflect the transfer as it occurs

• Apply for or increase the Overdraft Line of Credit (ODLOC) connected to your account(s). With an ODLOC connected to your account, the available line of credit will also be considered for transaction authorization. While each advance on an ODLOC is subject to a $2.00 transfer fee, this fee can be avoided by transferring the funds from the ODLOC to the account through Online Banking. Important Note: The $2.00 transfer fee is per advance, not per item. If there are multiple items clearing at one time, the total amount required for the items clearing will be transferred in one lump sum and will only incur one $2.00 fee.

For your convenience, we have a produced a FAQ’s (it's a pdf document) to assist with additional details and questions you may have. And, we’re available to personally answer any questions or assist you with Online Banking or an Overdraft Line of Credit.

Contact us by phone or email or visit an office location.