What is Payne County Bank's policy on overdraft fees?

Payne County Bank typically has a structured policy regarding overdraft fees designed to help customers manage their accounts effectively. Generally, an overdraft occurs when an account balance falls below zero due to transactions such as checks, debit card purchases, or electronic transfers. In these instances, the bank may charge an overdraft fee, which can vary based on the account type and the specific terms and conditions agreed upon when the account was opened. Furthermore, some accounts may offer overdraft protection options that, if opted in, can mitigate or prevent overdraft fees by linking to a savings account or a line of credit to cover any shortfalls. Customers are encouraged to review their account disclosures for detailed information on fees, including the specific terms of overdraft coverage and rates. For the most accurate and current information, it is advisable to check the official Payne County Bank website or explore their account documents.