Overdraft Protection

Overdraft Courtesy Coverage (OCC)

With Overdraft Courtesy Coverage, BankWest reviews transactions causing overdraft(s), and we may authorize payment of non-sufficient funds (NSF) transactions at our discretion.¹ This service is included with qualifying consumer and business checking accounts.

There is no fee to enroll. You are only charged if you have an overdraft or returned item. BankWest will charge $30 per overdraft or returned item, whether the item is paid or returned.

The following are covered through OCC:

• Checks or transactions using your checking account number
• Automatic bill payments and telephone-initiated transfers
• Recurring debit card transactions and other electronic transactions.

ATM transactions and everyday debit card transactions are not included in Overdraft Courtesy Coverage for consumer accounts unless you opt in.

Opt-In Authorization

To include everyday debit card and ATM transactions when you have insufficient funds in your account, we are required to have your permission or “Opt-In” on file. To opt in for coverage of these items, call (800) 253-0362, submit the online Opt-In form, or stop at any BankWest location.

Overdraft Transfer

This overdraft service establishes an automatic transfer to your checking account from another BankWest deposit account. You can add Overdraft Transfer by requesting it from your local branch. The following are covered through Overdraft Transfer:

• Checks
• ACH and other transactions
• ATM withdrawals
• Daily debit card transactions

A $30 annual fee is charged for this service. This service may be canceled at your discretion.

Checkline²

With Checkline, you get a personal line of credit with overdraft protection.

This overdraft service establishes a personal line of credit linked to your BankWest checking account. The coverage automatically begins when you make a transaction that exceeds the balance available in your checking account. An application is required to add this service and it covers the following:

• Checks
• ACH and other transactions
• ATM withdrawals
• Daily debit card transactions

A $50 setup fee is charged for the first year and a $50 annual fee is charged thereafter. Outstanding balances are assessed at an annual percentage rate of 20 percent. Checkline may be canceled at your discretion.