Confidence, Convenience and Coverage!

• Confidence your transaction will be approved up to your overdraft limit
• Convenience when you are running low on funds
• Coverage for those times when the unexpected happens

Discretionary Overdraft Privilege gives you the peace of mind in knowing that your transactions, whether it is by check, debit card or ATM, will be approved up to your overdraft limit.

Tips on how to manage overdraft privilege and avoid overdraft fees

• Check your account balance often – CNB offers many ways to always know your account balance by checking online banking, calling Telebanking at 972-938-4344, or reviewing your balance at any ATM. Click here to learn more about online banking.
• Review your statement each month – with e-statements and online banking, you always have access to your account information. Click here to learn more about e-statements and online banking.
• Keep track of all your transactions – whether by check, debit card or ATM, keep an accurate record of your spending and deposit activity on your account. Be sure to factor in any fees or service charges, remember that the $28 per item fee when charged becomes part of your overdraft balance.
• Sign up for debit card alerts – by receiving debit card alerts, you will get a notice every time your debit card is used. Not only will this help you keep track of your spending, but it will also alert you to any fraudulent activity on your debit card. Click here to learn more.
• Take advantage of the many features of online banking – establish "Q-Card" emails to notify you when your account is above or below certain amounts and set up automatic transfers from your savings to checking accounts.
• Set up Direct Deposit – with direct deposit, even if you can’t make it to the bank, you know your paycheck will.
• Make a deposit or transfer before the 7PM cut off time – Should you overdraw your account during the day; you can make a deposit or transfer before 7PM that same day to avoid an overdraft fee.

Discretionary Overdraft Privilege is a service that you do not pay for unless you use it. An overdraft occurs when you do not have enough money in your account to cover a transaction. Should you overdraw your account, there will be a $28 per item fee.

Citizens National Bank of Texas Overdraft Privilege Program Disclosure

It is the policy of Citizens National Bank of Texas to comply with all applicable laws and regulations and to conduct business in accordance with applicable safety and soundness standards. The Deposit Account Agreement and Disclosure provided to you at the time you opened your account with us controls the duties, obligations and rights of the Depositor, the Authorized Signatories and Citizens National Bank of Texas with regard to your checking account. The Deposit Account Agreement (and all amendments thereto) and its terms shall control any possible conflict, if any, between any provision of this Discretionary Overdraft Privilege Policy and the Deposit Account Agreement and Disclosure. A copy of the Deposit Account Agreement and Disclosure is available to you on request from our Call Center at 972-938-4300. An overdraft transfer protection option is available at no charge. Transfer will post providing the balance in the second deposit account is sufficient to cover the overdraft balance. A Credit Line loan is available for overdraft protection to qualified applicants.

Overdraft privilege is not a line of credit. However, if you inadvertently overdraw your account, we will have the d iscretion to pay the overdraft, subject to the limit of your overdraft privilege and the amount of the overdraft fee. Citizens National Bank of Texas is not obligated to pay any item presented for payment if your account does not contain sufficient available funds. Any discretionary payment by Citizens National Bank of Texas of an overdraft check (or items, such as ATM withdrawals or Debit Card transactions) does not obligate Citizens National Bank of Texas to pay any other overdraft check (or item), or to provide prior notice of its decision to refuse to pay such check (or item). Pursuant to Citizens National Bank of Texas’s commitment to always provide you with the best level of service, now and in the future, if your consumer account (primarily used for personal and household purposes) has been open for at least thirty (30) days, or if your commercial account has been open for at least thirty (30) days, and thereafter you maintain your account in good standing, which includes at least:

1. Bringing your account balance to a positive balance within every thirty (30) day period for a minimum period of 24 hours;
2. Not being in default on any loan or other obligation to Citizens National Bank of Texas and
3. Not being subject to any legal or administrative order or levy

Citizens National Bank of Texas will have the discretion to pay overdrafts within the overdraft privilege limits, but payment by Citizens National Bank of Texas is a discretionary courtesy and not a right of the customer/member or an obligation of Citizens National Bank of Texas. This privilege for consumer checking accounts will generally be limited to a maximum of $500.00 overdraft (negative) balan ce for consumer checking accounts & $1,000.00 for business. Any and all fees and charges, including without limitation the non-sufficient funds fees (OD fees & NSF fees are $28 per item with no limit as to the number of fees we may charge) will be included as part of this maximum amount.

ATM, POS, and Non-recurring Check Card transactions will require you to Opt-In to allow transactions be authorized utilizing the overdraft limit available on your account. Outstanding authorized transactions (after hours) that have not yet posted will lower your end of day available balance and result in an overdraft event and cause fees to be accessed.

Payment order is important because it can affect the number of items overdrawn or returned unpaid and the amount of fees you may incur. Items are processed according to dollar amount within the following order for the day they are processed: FIRST-in-house transfers, payments, phone and online banking with the smallest items being processed first. SECOND -ATM, debit card transactions with the smallest items being processed first. THIRD- ACH transactions with the smallest amount being processed first. FOURTH- on us checks and debit transactions with the largest items processing first. FIFTH- Inclearing checks and similar items with the largest items processing first. Larger checks are usually mortgage, car or utility payments so CNB has always presented these checks first as a means to cover your essential payments. Since 1995, CNB has presented items for payment in this order.

The total of the discretionary overdraft privilege (negative) balance, including any and all fees and charges, including all non-sufficient funds/overdraft fees is due and payable upon demand, and Depositor and each Authorized Signatory will continue to be liable, jointly and severally, for all such amounts, as described in the Deposit Account Agreement and Disclosure with a maximum repayment period of 30 days.

Again, while Citizens National Bank of Texas will have the discretion to pay overdrafts on accounts in good standing (as described above), any such payment is a discretionary courtesy, and not a right of the customer or an obligation of Citizens National Bank of Texas in its sole and absolute discretion, can cease paying overdrafts at any time without prior notice of reason or cause.

Citizens National Bank of Texas will automatically provide this overdraft privilege to all qualified accounts on the 31st day, unless the customer chooses to Opt out. A customer can Opt out online by clicking here.

Other Forms of Overdraft Services

If overdraft protection is important to you, but you want to avoid the associated fees, CNB offers other forms of overdraft services.

1. Link your Savings or another checking account to draft funds when an overdraft occurs.
2. Set up a line of credit – available to qualified customers.

Please see a personal banker for details on other forms of overdraft services.