First Citizens Bank understands that unexpected overdrafts occur from time to time – Overdraft Coverage can help.

Overdraft Coverage Options

The choice is yours. Consider these ways to cover overdrafts:



Sweeps from another deposit account you have at First Citizens Bank1

$5 fee per transfer

Overdraft Privilege Standard or Extended Coverage

$30 NSF Paid Item Charge per item presented*. Daily fees may apply.


Call us at 334-335-3346, send us a secure message through online banking, or come by a branch to sign up for this service.

* Per item presented means each time an item is presented, including re-presentment

Sweeps applies to all transactions and may help prevent overdrafts by automatically transferring funds to your checking account from another account you may have at First Citizens Bank for a fee.

Overdraft Privilege allows you to overdraw your account up to the disclosed limit for a fee to pay a transaction. Even if you have Sweeps, Overdraft Privilege is still available as secondary coverage if the sweep is exhausted. Please review What Else You Should Know for other important information.

Transactions Covered with Overdraft Privilege

Standard Coverage
(No action required)

Extended Coverage

(Your consent required on consumer accounts) *

If you would like to select Extended Coverage for future transactions:

·  call us at 334-335-3346

·  complete the online consent form found at www.fcbl.com

·  visit any branch

·  complete a consent form and mail it to us at 100 West Third Street, Luverne, AL 36049

·  send us a secure message through online banking




ACH – Automatic Debits



Recurring Debit Card Transactions



Online Bill Pay Items



Internet Banking Transfers



Telephone Banking



Teller Window Transactions



ATM Transactions



Everyday Debit Card Transactions




*If you choose Extended Coverage on your consumer account, ATM transactions and everyday debit card transactions will be included with the transactions listed under Standard Coverage. If you already have Overdraft Privilege Extended Coverage, it is not necessary to request it again. Business accounts automatically have Extended Coverage.


If you want to discontinue Overdraft Privilege in its entirety, contact us at 334-335-3346 or send us a secure message through online banking.


  • A link to another account may be less expensive than an overdraft. A single larger overdraft will result in one fee, instead of multiple smaller overdrafts. Use our mobile, internet, and telephone banking services to track your balance. For financial education resources, please visit mymoney.gov.
  • The $30 NSF Paid Item Charge that is charged if you overdraw your account is the same fee that is charged if an item is returned as unpaid. If multiple items overdraw your account on the same day, each item will be assessed an appropriate NSF Paid Item Charge or a NSF Returned Item Charge of $30. All fees and charges will be included as part of the Overdraft Privilege limit amount. Your account may become overdrawn more than the Overdraft Privilege limit amount because of a fee.
  • There is a limit of 10 NSF Paid Item Charges ($300) per day we will charge you for overdrawing your account. We will not charge an NSF Paid Item Charge if a consumer account is overdrawn by $10 or less.
  • Recipients of federal or state benefits payments who do not wish us to deduct the amount overdrawn and the NSF Paid Item Charge from funds that you deposit or that are deposited into your account may call us at 334-335-3346 to discontinue Overdraft Privilege.
  • If an item is returned because the Available Balance (as defined below) in your account is not sufficient to cover the item and the item is presented for payment again, First Citizens Bank (“We”) will charge a NSF Returned Item Charge each time we return the item because it exceeds the Available Balance in your account. Because we may charge a NSF Returned Item Charge each time an item is presented, we may charge you more than one fee for any given item as a result of a returned item and re-presentment of the item. When we charge a NSF Returned Item Charge, the charge reduces the Available Balance in your account and may put your account into (or further into) overdraft. If, on re-presentment of the item, the Available Balance in your account is sufficient to cover the item we may pay the item, and, if payment causes an overdraft, charge an NSF Paid Item Charge. We may use the terms “item” and “transaction” interchangeably.
  • If your account balance remains overdrawn for longer than 4 business days, we will charge your account a daily Overdraft Fee of $3 for each of the consecutive business days, the account remains overdrawn, beginning with day 4.
  • This describes the posting order for purposes of determining overdrafts. Our general policy is to post items throughout the day and to post ACH credits before debits. ATM and debit card transactions are posted in the order in which the items are received. ACH debits and paper checks also post as received, but will post from lowest to highest dollar amount when multiple items are presented in the same file; however, because of the many ways we allow you to access your account, the posting order of individual items may differ from these general policies. Holds on funds (described herein) and the order in which transactions are posted may impact the total amount of NSF Paid Item Charges or NSF Returned Item Charges assessed.
  • Overdraft Privilege is not a line of credit; it is a discretionary overdraft service that can be withdrawn at any time without prior notice.
  • Depositor and each Authorized Signatory will continue to be liable, jointly and severally, for all overdraft and fee amounts, as described in the Deposit Account Agreement and Disclosure. The total (negative) balance, including all fees and charges, is due and payable upon demand.
  • We may be obligated to pay some debit card transactions that are not authorized through the payment system but which we are required to pay due to the payment system rules, and as a result you may incur fees if such transactions overdraw your account. However, we will not authorize debit card or ATM transactions unless your account’s Available Balance (including Overdraft Coverage Options) is sufficient to cover the transactions and any fee(s).
  • Giving us your consent to pay everyday debit card and ATM overdrafts on your consumer account (Extended Coverage) may result in you incurring NSF Paid Item Charges for transactions that we would otherwise be required to pay without assessing a NSF Paid Item Charge. However, this would allow us to authorize transactions up to the amount of your Overdraft Privilege If you consent to Extended Coverage on your consumer account, it will remain on your account until it is otherwise withdrawn.

Understanding your Available Balance: Your account has two kinds of balances: the Current Balance and the Available Balance.

  • We authorize and pay transactions using the Available Balance.
  • Your Current Balance reflects the full amount of all deposits to your account as well as payment transactions that have been posted to your account. It does not reflect checks you have written and are still outstanding or transactions that have been authorized but are still pending.
  • Your Available Balance is the amount available to you to use for purchases, withdrawals, or to cover transactions. The Available Balance is your Current Balance, less any holds due to pending debit card transactions and holds on deposited funds.
  • The balance used for authorizing checks, ACH items, and recurring debit card transactions is your Available Balance plus the amount of the Overdraft Privilege limit and any available Sweep.
  • The balance used for authorizing ATM and everyday debit card transactions on accounts with Standard Coverage is your Available Balance plus any available Sweep but does NOT include the Overdraft Privilege
  • The balance used for authorizing ATM and everyday debit card transactions on accounts with Extended Coverage is your Available Balance plus any available Sweep and includes the Overdraft Privilege
  • Because your Available Balance reflects pending transactions and debit holds, your balance may appear to cover a transaction but later upon settlement it may not be sufficient to cover such transaction. In such cases, the transaction may further overdraw your account and be subject to additional overdraft fees. You should assume that any item which would overdraw your account based on your Available Balance may create an overdraft. Note that we may place a hold on deposited funds in accordance with our Deposit Account Agreement and Disclosure, which will reduce the amount in your Available Balance.
  • Please be aware that the Overdraft Privilege amount is not included in your Available Balance provided through online banking, mobile banking or First Citizens Bank’s
  • We will place a hold on your account for any authorized debit card transaction until the transaction settles (usually within two business days) or as permitted by payment system rules. In some cases, the hold may exceed the amount of the transaction. When the hold ends, the funds will be added to the Available Balance in your account. If your account is overdrawn after the held funds are added to the Available Balance and the transaction is posted to the Available Balance, a NSF Paid Item Charge may be assessed.
  • Except as described herein, we will not pay items if the Available Balance in your account (including the Overdraft Privilege limit, if applicable) is not sufficient to cover the item(s) and the amount of any fee(s).

Understanding Overdraft Privilege Limits

  • New consumer and business checking accounts will receive a $100 Introductory Overdraft Privilege limit at account opening that will be increased to $500 after 30 days in good standing for consumer accounts or to $700 after 60 days in good standing for business accounts.
  • Overdraft Privilege may be reduced if you default on any loan or other obligation to us, your account becomes subject to any legal or administrative order or levy, or if you fail to maintain your account in good standing by not bringing your account to a positive balance within 32 days for a minimum of one business day. You must bring your account balance positive for at least one business day to have the full Overdraft Privilege limit

If you have any questions about Sweeps or Overdraft Privilege, please call us at 334-335-3346 or visit a branch.

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