Overdraft Services

EXPLANATION OF OUR STANDARD OVERDRAFT PRACTICES.

An overdraft occurs when you do not have enough money in your account to cover a transaction, but we pay it as a courtesy to you.

Overdrafts can be covered in two different ways:

What are the standard overdraft practices that come with my account?

We do authorize and pay overdrafts for the following types of transactions:

We do not authorize and pay overdrafts for the following types of transactions unless you ask us to (see below):

We pay overdrafts at our discretion, which means we do not guarantee that we will always authorize and pay any type of transaction. If we do not authorize and pay an overdraft, your transaction will be declined.

What fees will I be charged if Capital Bank pays my overdraft?

Under our standard overdraft practices:

Additional information regarding our Courtesy Overdraft Privilege program

If your account is jointly owned with another individual(s), any decision by you or another account owner to opt-in to our Courtesy Overdraft Privilege program will be binding upon and apply equally to all account owners.

Your decision to opt-in to our Courtesy Overdraft Privilege program will continue until it is revoked by you or another account owner or we terminate the program.

To change your decision status for Debit Card Opt in, click the email link below, select your intention and click send. You will receive written confirmation of the disposition of your request.

EMAIL - customerservice@capitalbank-us.com

You or any joint owner on the referenced account has the right to revoke this consent at any time. Simply contact your local branch office, call customer service at 1-800-639-5111 or e-mail your request to customerservice@capitalbank-us.com. Capital Bank will discontinue its payment of such overdrafts as soon as possible after receiving notice of your revocation.

*Service available to certain checking account customers who meet the requirements of maintaining their account in good standing as set forth in the terms and conditions of their account agreement.  Participation in the program is at Capital Bank’s discretion and may be revoked at any time without notice.