What is your policy on overdrafts?

Union Bank and Trust has specific policies regarding overdrafts, which generally aim to provide customers with flexibility while managing their finances. Typically, overdraft protection can be linked to a savings account or a line of credit, allowing customers to cover transactions that exceed their available balance without incurring excessive fees. When an account goes into overdraft, Union Bank and Trust may charge an overdraft fee for each transaction that results in a negative balance. It is usually important for customers to understand both the fee structure and the circumstances under which overdraft protection is applied. Moreover, Union Bank tends to encourage responsible banking practices, so they may provide resources or guidance on managing funds effectively to avoid overdraft situations. It is always advisable for customers to review the specific terms and conditions of their account related to overdrafts, which can typically be found on Union Bank and Trust's official website. By doing so, they can better understand how overdrafts are handled and what options may be available for mitigating potential fees.