Overdraft & Overdraft Fees

Automatically transfers funds from your designated checking, savings or personal money market account to avoid an overdraft in your checking account. Transfers are made in the exact amount plus a $10 fee. You will be notified for each transfer that occurs on your account.

Sign-up for overdraft protection service by visiting your local branch or calling our Customer Care Center at 707.524.300 or 800.995.4066.

Overdraft Lines of Credit

• $5 per transfer.
• Lines of credit from $300 – $5,000
• Easy access to funds available to you when you need them
• Credit line is approved without collateral
• No origination fee or prepayment penalties

Apply for an Overdraft Line of Credit on our Personal Loans page.

A $32 fee per item (up to a daily maximum of $175) is charged when there are insufficient funds in your account to cover a check, in-person withdrawal, ATM withdrawal or withdrawal by other electronic means that you have authorized and Exchange Bank has paid or returned unpaid. Exchange Bank does not charge fees on everyday non-recurring debit card transactions or ATM transactions for which you did not agree to our overdraft practices. A fee is not charged if your account is overdrawn $10 or less.

When your account remains overdrawn for five consecutive business days, we may charge a one-time Overdraft Extension Fee of $15. Every day, non-recurring debit card transactions or ATM transactions for which you did not agree to our overdraft practices that cause your account to become overdrawn, does not trigger the five-business day period.

Generally, our policy is to process deposits and incoming transfers received before the deposit cut-off first. We then process withdrawals that have been received for your checking account in the following order:

1. Electronic transactions are posted in the order in which they are received for the day on which they are processed.
2. Checks and similar items are posted numerically (by check number) for the day on which they are processed.
3. Non-electronic items that do not have numeric numbers (check numbers) are processed in the order received for the day on which they are processed.

Under our standard overdraft practices:

• We will charge you a fee of up to $32 each time we pay an overdraft in excess of $10 dollars.
• We limit the total fees we can charge you for overdrawing your account to five (5) items a day or $175 for consumers.
• When your account is overdrawn on five consecutive business days, we may charge a one time overdraft extension fee of $15. If an everyday non-recurring debit card transaction or an ATM transaction, for which you did not agree to our overdraft practices, is the transaction that causes your account to become overdrawn, we do not start the five business day period.

If you do not want us to authorize and pay overdrafts on ATM and everyday debit card transactions, visit any Exchange Bank branch or mail a request to us at Exchange Bank, Attn: Customer Care Center, 444 Aviation Blvd., Santa Rosa, CA 95403.

Your request must include your name, phone number, the last four digits of your account number, and the last four digits of your Social Security number so we can properly identify your account.