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Eva Bank
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Bounce Protection/Customer Overdraft Policy

An insufficient balance can result from several events, such as (1) the payment of checks, electronic funds transfers or other withdrawal requests; (2) payments authorized by you; (3) the return of unpaid items deposited by you; (4) bank service charges; or (5) the deposit of items which, according to the bank’s Funds Availability Policy, are treated as not yet available or finally paid. We are not obligated to pay any item presented for payment if your account does not contain sufficient funds.

However, if you maintain your account in good standing, we may approve your overdrafts within your current available Bounce Protection limit as a non-contractual courtesy. Your account is in good standing if you (1) demonstrate responsible account management—such as making regular deposits to bring your account to a positive end-of-day balance at least once every 30 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.

In addition, based upon our review of your account management, if we determine you may be using Bounce Protection as a regular line of credit by creating excessive overdrafts, we may suspend the privilege without any prior notice. In the normal course of business, we generally pay electronic transactions first and then checks in the order they are received, per the bank’s policy. We reserve the right to change the order of payment without notice to you if we suspect fraud or possible illegal activity affecting your account. Also, please be aware that the order of item payment may create multiple overdrafts during a single banking day for which you will be charged our paid item NSF fee of $18 for each overdraft paid.

You may opt out of the privilege at any time, but you are responsible for any overdrawn balances at the time of opting out. Normally, we will not approve an overdraft for you in excess of the predetermined amount assigned to your account type. So as not to exceed your limit, please note that the amount of the overdraft plus the bank’s paid item NSF fee of $18 per item will be deducted from the overdraft limit.

We may refuse to pay an overdraft for you at any time even though we may have previously paid overdrafts for you. You will be charged a returned item NSF fee of $18 for each item returned. You will be notified by mail of any non-sufficient funds items paid or returned that you may have; however, we have no obligation to notify you before we pay or return any item. The amount of any overdraft plus our paid item NSF fee of $18 and/or a returned item NSF fee of $18 that you owe us shall be due and payable upon demand. If there is an overdraft paid by us on an account with more than one owner on the signature card, each owner and agent, if applicable, drawing/presenting the item creating the overdraft, shall be jointly and severally liable for such overdraft plus our paid item NSF fee of $18.

Bounce Protection should not be viewed as an encouragement to overdraw your account. As always, we encourage you to manage your finances responsibly. If you would like to have this service removed from your account, please call (256) 255-2000.

Please note that your Bounce Protection limit may be reflected in your balance provided by a teller, but will not be reflected in your balance provided at the ATM or through Internet/Mobile Banking.

LIMITATIONS: Bounce Protection is a non-contractual courtesy that is available to individually/jointly owned accounts in good standing for personal or business use. Eva Bank reserves the right to limit participation to one account per household or business and to discontinue this service without prior notice.

We may only pay ATM or everyday debit card transactions which result in an overdraft if you opt in and consent to the service. Your consent to this service is effective until revoked by you, or unless we terminate the service. You may revoke your consent at any time. You will be given the proper disclosures and form (What You Need to Know About Overdrafts and Overdraft Fees) to complete at the time of opening your new account.

What is Bounce Protection?
Bounce Protection is an overdraft privilege service requiring no action on your part. You don't have to sign anything. Your Bounce
Protection limit amount will be automatically assigned.

*How does Bounce Protection work?
*Please refer to the customer overdraft policy for details.

How do I know when I use the overdraft limit?
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 NSF fee. You will need to subtract the total fees when balancing your checkbook.

What is my Bounce Protection limit? If I have two checking accounts, can I get Bounce Protection on both?
Locate your account type below and make note of the corresponding limit. If you have multiple accounts for your household or
business, you may have a limit on all eligible accounts.

Basic Checking
Better Half Checking $300
Small Business Checking $750
Commercial Checking $1000
Extreme Money Market $1000
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 returned item NSF fee of $18 will be charged per item and assessed to your account. An NSF notice will be sent to notify you of
items paid and/or returned.

How quickly must I repay my Bounce Protection?
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 days. If you are not able to bring your account to a positive end-of-day balance within 30 days, you will receive a letter from Eva
Bank informing you of the situation and your options. If, thereafter, your account has not been brought to a positive end-of-day
balance, we may suspend your account and take other steps to recover the funds.

What does my Bounce Protection privilege cost?
There is no additional cost associated with this privilege unless you use it. You will be charged our paid item
NSF fee of $18 for each overdrawn item created by check, in-person withdrawals, ATM withdrawals or other electronic means paid
under the limit. For example, three paid items in one day will result in $54 in paid item NSF 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.

What are some of the ways I can access my Bounce Protection limit? Will my limit be reflected in the balance I receive?
The chart below shows the different ways you can access your Bounce Protection limit and indicates whether or not this limit will
be reflected in the balance provided.
Access Points

Is My Overdraft Privilege Limit Available?

Does the Balance Provided Reflect my
Overdraft Privilege Limit?
Teller Yes Yes
Writing A Check Yes -NA-
Debit Card Yes, with Opt In for Debit Card Transaction -NA-
ATM Withdrawal Yes, with Opt In for ATM Withdrawal No
ACH-Auto Debit Yes -NA-
Online/Mobile Banking Yes No
How soon can I use my Bounce Protection?
If you are a new account holder, you must wait 90 days after the account is opened, assuming you demonstrate responsible account
management by making regular deposits to maintain your account with a positive balance, and there are no legal orders, levies or
liens against your account.

**What are some other ways I can cover overdrafts at Eva Bank?
The best way to avoid overdrafts and fees is to manage your account so you don’t overdraw it. However, if a mistake occurs,
EvaBank offers additional ways to cover overdrafts in addition to Bounce Protection.
** Please ask us about our specific products and fees.

What if I do not want to have Bounce Protection on my checking account?
Bounce Protection costs you nothing unless you use it. However, if you would like to have this service removed from your account,
please call (256) 255-2000.