Union Bank® Overdraft Choices

It is your responsibility to make sure that your account contains a sufficient Available Balance at the time you make a withdrawal transaction of any kind. You can check your account activity through Online Banking or contact us. 

Authorization or payment of a Debit is always at the Bank's discretion, and we reserve the right not to authorize or pay. Whether we authorize or pay a Debit presented against an insufficient Available Balance in your checking or money market account depends upon several factors, including your account-related behavior. For example, we typically do not authorize or pay such Debits if your checking or money market account is not in good standing or you are not making regular deposits. We may not authorize or pay Debits presented against an insufficient Available Balance in a new account for approximately 30 calendar days after the date of account opening. 

In the event your deposit account is overdrawn, you agree to pay the amount of the overdraft promptly, without notice or demand from us. You agree that we may use subsequent deposits and other credits to the account including, without limitation, deposits of state and federal benefit payments, such as deposits of government, welfare, retirement, and Social Security benefits, to cover any overdraft existing in your account to the fullest extent permitted by law. 

Our decision to pay one or more Debit transactions presented against an insufficient Available Balance in your deposit account that will result in an overdraft in no way obligates us to continue the practice at a later time. We can discontinue the practice at any time without cause or notice to you. 

Please Note: Overdraft Protection Services will not be used in circumstances that involve an account having an insufficient Available Balance to pay a Debit due to a hold we placed on your funds or in connection with an adverse claim, a dispute, a levy, or other legal process. 

Each account Owner is jointly and severally responsible for paying any overdrafts created by any authorized signer(s) or party to the account, whether or not the Owner participates in the transaction or benefits from its proceeds. 

We may charge you a $33 Overdraft Fee per Debit (up to the daily maximum), whether we pay or return a Debit, when your ending Available Balance is overdrawn by $5 or more.

If you overdraw your deposit account and do not deposit enough funds to fully cover any overdraft amount by the 7th consecutive calendar day that your deposit account has been overdrawn, we will charge you a Continued Overdraft Fee of $6. For this purpose, the 1st day is the day the overdraft occurred. Starting on the 7th calendar day, we will charge this fee for each Business Day that the account remains overdrawn for up to 5 Business Days. Continued Overdraft Fee does not apply to Teen Access® accounts, Teen Savings, Kidz Savings, or Union Bank Access Accounts.

With this service, you authorize the Bank to make automatic transfers from your eligible checking, MoneyMarket or savings account ("Deposit Overdraft Protection Account") to your checking account to cover Debits authorized or presented for payment against an insufficient Available Balance. This service allows you to designate only 1 eligible deposit account as the Deposit Overdraft Protection Account.

Each time Debits are presented for payment against an insufficient Available Balance in your checking account, we will transfer the exact amount from your Deposit Overdraft Protection Account needed to cover each Debit plus the amount of our Deposit Overdraft Protection Transfer Fee ("Transfer Fee"), up to $10, and place it in your checking account. However, we will only make a transfer from your Deposit Overdraft Protection Account if your Available Balance in the Deposit Overdraft Protection Account will be enough to cover at least 1 entire Debit presented against the insufficient Available Balance in your checking account and the Transfer Fee. Also, the Available Balance in your Deposit Overdraft Protection Account may be reduced to as low as $1, unless you specify a different minimum dollar amount that must remain in your Deposit Overdraft Protection Account as the Available Balance in connection with Deposit Overdraft Protection. 

At our option, we will either pay or return Debits that cannot be covered by the combination of the Available Balance in both your checking account and Deposit Overdraft Protection Account. Either action will cause you to incur Overdraft Fees and may cause your checking account to remain overdrawn. If your checking account remains overdrawn and your Deposit Overdraft Protection Account later contains a sufficient Available Balance to cover part or all of the overdrawn amount, we will then transfer funds from your Deposit Overdraft Protection Account to cover or reduce the overdrawn amount. In this instance, we will not charge our Transfer Fee. 

If you are enrolled in multiple overdraft services, see the section titled "Processing Order for Multiple Overdraft Services" below. 

Deposit Overdraft Protection is not available for Kidz Savings, Union Bank Access Accounts, Teen Savings accounts that are not jointly owned with an adult, and UnionBanc Investment Services® Portfolio Connection® brokerage accounts.

In the event a checking account is enrolled in both Deposit Overdraft Protection and Cash Reserve Account and you do not have a sufficient Available Balance in Deposit Overdraft Protection to cover an entire Debit, the Available Balance from the Deposit Overdraft Protection Account will be used first, and the remaining amount needed to cover the Debit will be advanced from the Cash Reserve Account. In these instances, a Deposit Overdraft Protection Transfer Fee will be charged to the checking account and a Cash Reserve Advance Fee will be charged to your Cash Reserve Account.

This service involves a Union Bank Credit Card. You must apply for a Union Bank Credit Card, which is subject to approval. Only consumer Union Bank Credit Cards are eligible for enrollment in Overdraft Protection Linked to a Union Bank Credit Card. Specifically, if you are approved for a Union Bank consumer credit card and enroll in this service, you authorize the Bank to make advances on your Union Bank Credit Card (subject to your available credit) in order to cover Debits (including transfers between checking, MoneyMarket, and savings accounts) presented for payment against an insufficient Available Balance in your checking account. Please note: Activation of the overdraft protection service may take up to 5 Business Days from the initial request for enrollment in the overdraft protection service. 

Advances from your Union Bank Credit Card are subject to your available credit and to the terms and conditions of our Cardmember Agreement, Disclosure Statement and Security Agreement (commonly referred to as the Cardmember Agreement), and the Summary of Credit Terms. 

Overdraft Protection Linked to a Union Bank Credit Card does not advance for Debits that require real-time authorization. Specifically, we will not make an advance on your Union Bank Credit Card for transactions requiring real-time authorization (such as ATM withdrawals, ATM or Debit card purchases, and cash withdrawals in a Union Bank branch). If you attempt a transaction requiring real-time authorization and there is an insufficient Available Balance in the checking account, the transaction will be declined. 

Teen Access®, Union Bank Access Accounts, and UnionBanc Investment Services® Portfolio Connection®  brokerage accounts. Only consumer Union Bank credit cards are eligible for enrollment in this service. For complete details, refer to your Cardmember Agreement and the credit card Summary of Credit Terms. 

With this service, we may, at our sole discretion, pay checks, bill payments, ACH Debits, recurring Debit card transactions (such as a gym membership payments), and other Debits when they are presented to us for payment or authorization and you do not have a sufficient Available Balance to cover the Debit. Standard Overdraft Coverage does not apply to ATM or one-time debit card transactions presented to us for authorization when you do not have a sufficient Available Balance to cover the transaction.

Each time a Debit, other than a one-time ATM or debit card transaction, is presented to us for payment or authorization and you do not have a sufficient Available Balance at the time, we will look to see if you have enrolled in an Overdraft Protection Service. Specifically, if you do not have an Overdraft Protection Service or the Overdraft Protection Service account is otherwise not available for use, we will look to your Standard Overdraft Coverage to decide whether we will pay the Debit presented for payment or authorization against the insufficient Available Balance in your checking or MoneyMarket account. If you are enrolled in and still eligible for Standard Overdraft Coverage, we may decide to pay the Debit. This will cause you to incur Overdraft Fees and will cause your checking or MoneyMarket account to be overdrawn. 

Your checking or money market account is automatically enrolled in Standard Overdraft Coverage after approximately 30 calendar days after account opening. However, enrollment does not guarantee we will use Standard Overdraft Coverage. 

You may cancel Standard Overdraft Coverage at any time by contacting us. If you cancel Standard Overdraft Coverage and you do not have a sufficient Available Balance in your checking or money market account to cover a Debit, we will return the Debit and charge you an Overdraft Fee (see the applicable Fee Schedule). You may incur additional fees from the merchant or payee. Cancelation of Standard Overdraft Coverage will also cancel your enrollment in Debit Card Overdraft Coverage, if applicable. 

Standard Overdraft Coverage is not available for savings accounts, Teen Access®, Union Bank Access Accounts, accounts enrolled in Cash Reserve Account or Overdraft Protection Linked to a Union Bank Credit Card, or UnionBanc Investment Services® Portfolio Connection®  brokerage accounts. Accounts opened through the California Account or Pacific Rim Company Benefits Programs are not automatically enrolled.

With this service, you authorize us, in our sole discretion, to pay ATM or one-time debit card transactions, when they are presented to us for authorization or payment and you do not have a sufficient Available Balance in your checking or MoneyMarket account. You also authorize us to charge an Overdraft Fee when we decide to pay such transactions. You must choose to enroll in Debit Card Overdraft Coverage.

Depending upon the Overdraft Protection and/or Overdraft Coverage Services linked to your account, Debits presented for payment or authorization when your deposit account has an insufficient Available Balance will be covered first by Deposit Overdraft Protection, then by the Cash Reserve Account, then by Overdraft Protection Linked to a Union Bank Credit Card, and finally by Standard Overdraft Coverage or Debit Card Overdraft Coverage, as applicable.