What is Busey Bank's policy on overdrafts?

Busey Bank has established a clear policy regarding overdrafts that aims to provide flexibility and convenience to its customers. When an account holder has insufficient funds to cover a transaction, Busey Bank may allow the transaction to proceed, resulting in an overdraft situation. However, there are associated fees for this service. It is important for account holders to be aware that overdraft protection is an optional service, and customers must opt-in if they wish to take advantage of this feature. Busey Bank also offers a variety of options for managing overdraft risks, including linking to a savings account or a line of credit, which can help cover transactions without the fee typically associated with overdrafts. The bank encourages customers to regularly monitor their account balances and keep track of their transactions to avoid any potential overdraft fees. For the most accurate and detailed information regarding Busey Bank’s specific overdraft policies, fees, and options, it is advisable to consult the current web page or refer to the account agreement provided upon account opening.