Bounce Protection

As long as you maintain your account in “good standing,” we may approve your overdraft items within your current available Bounce Protection limit as a non-contractual courtesy.

For Bounce Protection consideration, your account is in “good standing” if you (1) make sufficient deposits to bring your account to a positive end-of-day balance at least once every 30 calendar days (including the payment of all bank fees and charges); (2) avoid excessive overdrafts suggesting the use of Bounce Protection as a continuing line of credit; and (3) there are no legal orders, levies or liens against your account.

Please note that the amount of the overdraft plus our paid item OD fee of $28 for each item will be deducted from your overdraft limit. If the item is returned, the returned item NSF fee of $28 will be deducted from your account. No interest will be charged on the overdraft balance. Please refer to the customer overdraft policy for additional details.

You will receive an overdraft notice in the mail each time items are paid. The notice will show the check number, amount and the paid item OD fee. You will need to subtract the total fees when balancing your checkbook.

Overdrafts above and beyond your established Bounce Protection limit may result in checks or other items being returned to the payee. The returned item NSF fee of $28 will be charged per item and assessed to your account. An OD/NSF notice will be sent to notify you of items paid/or returned.

You should make every attempt to bring your account to a positive end-of-day balance as soon as possible, and must do so within 30 calendar days. If you are not able to do so, you will receive a letter from Yellowstone Bank informing you that your Bounce Protection limit has been suspended and additional items will be returned. If your limit is suspended, unless we notify you otherwise or you request this service be removed from your account, your limit may be made available to cover overdrafts again the first business day after you bring your account to a positive end-of-day balance.

There is no additional cost associated with this privilege unless you use it. You will be charged our paid item OD fee of $28 for each overdrawn item created by a traditional paper-based check, a teller withdrawal, an automatic payment (ACH) transaction, or a recurring debit card payment. Also, if you have requested us to do so, we may authorize and cover ATM transfers or withdrawals and everyday debit card purchases. For example, three paid items in one day will result in $84 in paid item OD fees. To help you manage your account, the total fees you have paid for items (both paid and returned) during the current month and for the year-to-date will be reflected on your monthly checking statement.

Generally, you may access your Bounce Protection through:

At your request, we may authorize and pay ATM transfers or withdrawals and everyday debit card purchases using your limit. Call or visit one of our branches to arrange for your ATM and debit card coverage.

If you are a new account holder, we will advise you 30 or more days after your account is opened that you may use the Bounce Protection service. This is provided you have maintained satisfactory activity in the account, including regular deposits, consistent with our internal standards for new account types that may offer Bounce Protection. Once you are notified your Bounce Protection limit is available to you, it may continue to be available provided you maintain the account in “good standing” as defined in the Customer Overdraft Policy.

The best way to avoid overdrafts and fees is to keep track of your account balance by entering all checks, debit card purchases and ATM withdrawals in your check register, reconcile your check book regularly and manage your finances responsibly. However, if a mistake occurs, Yellowstone Bank offers additional ways to cover overdrafts in addition to Bounce Protection.