Personal Checking

An insufficient balance can result from payment of checks, electronic funds transfers or other requests, payments authorized by you, the return of deposited items, bank service charges, or the deposit of items not yet available to you according to the banks Funds Availability Policy.  Citizens National Bank typically will not pay an overdraft if the account is in bad standing, not maintaining regular deposits, or had excessive overdrafts.

Overdraft Protection 

Overdraft Protection guards a customer against returned checks and overdraft charges. Here is how it works...

• The funds will be transferred from a savings or another deposit account in $100.00 increments. When a customer selects Overdraft Protection from Transfer, their overdrafts will be covered by transferring funds from their savings account or another deposit account into the primary checking account in $100.00 increments.  The fee is $5.00 per transfer.  A notice will be sent when a transfer is made and will also appear on the monthly statement.  If the secondary account has less than $100.00 the funds will not be transferred and the normal NSF fee will be charged.  A notice will be mailed to inform you of the returned item.

Bounce Protection Privilege

Bounce Protection- How does it work?

Bounce Protection is an overdraft privilege for all personal checking account customers in good standing.  Bounce Protection will be available for all checks written, in-person withdrawals, and ACH transactions.  Bounce Protection requires no action on your part for you don't have to sign anything, however you do have the option to decline the service at any time.  Bounce Protection limits are automatically assigned.  This service offers peace of mind that your checks will be paid up to your predetermined limits.  Various limits available, depending on the account type, up to $750.00.  Bounce Protection will only be available for your ATM and debit card transactions if you authorize the bank to do so with written authorization.

What is the cost of Bounce Protection?

If you use Bounce Protection, you should remember the banks normal insufficient funds (NSF) fee of $30.00 for each transaction will be deducted from the account.  The bank will notify you by mail if any overdraft occurs.

How quickly must I repay my Bounce Protection?

You should make every effort to bring your account to a positive balance within 30 days.  If you are not able to do so, you will receive a letter from Citizens National Bank informing you of the situation and your options.  If, after a period of time, your account has not been brought into a positive balance, we will have no option but to close your account and take steps to recover funds.  No interest or daily fee will be charged on the overdraft balance.

What if I go beyond my Bounce Protection limit?

Overdrafts above and beyond your established Bounce Protection limit may result in a check or checks being returned to the payee.  The normal NSF fee will be charged per check and assessed to your account.  An NSF notice will be sent to notify you of our actions.

Additional NSF fees may result from representment of unpaid items. Call the bank with any questions.

Join the Citizens National Bank family today! Use our Switch Kit to help take the hassle out of changing banks. This kit will help ensure you have covered all your bases when making the change so that we can move forward together. Download the online Switch Kit PDF here.