Overdraft Q & A

Overdraft Question and Answer

  • An overdraft occurs when you do not have enough money in your account to cover a transaction, but we pay it anyway. We can cover your overdraft in two different ways.

    1. We have standard overdraft practices that come with your account.
    2. We also offer overdraft protection plans, such as credit line or OD Protection, which may be less expensive than our standard overdraft practices. To learn more, ask us about these plans. 
  • With Overdraft Privilege we do authorize and pay overdrafts for the following types of transactions at our discretion:

    • Checks and other transactions made using your checking account number
    • Automatic bill payments

    We do not authorize and pay overdrafts on the following types of transactions unless you ask us to by opting-in.

    • ATM transactions
    • Non-recurring debit card transactions

    If you would like to Opt-In for these type of transactions to be considered, opt-in by clicking below.

  • We pay overdrafts at our discretion, which means we do not guarantee that we will always authorize and pay any type of transaction. 
  • Under our standard overdraft practices:

    • We will charge you a fee up to $29.00 each time we pay an overdraft
    • We will not charge you a fee if your account is overdrawn less than $5.00 on any given day
    • The maximum limit of total overdraft or return fees per business day is $174.00¹ 
  • If you want us to authorize and pay overdrafts for which an Overdraft fee will be assessed on ATM and non-recurring debit card transactions you may do so by one of the following methods:

    • Call 1.800.280.0123 or 785.267.8900
    • Stop by any branch location
    • Complete the opt-in form below
    • Call 1.800.280.0123 or 785.267.8900
    • Stop by any branch location
    • Complete the opt-out form below
  • When items are presented for payment, electronic and pre-authorized items will be processed first from smallest to largest dollar amount, followed by checks which will be processed numerically.

Opt-In or Opt-Out for Overdraft 

Opt-In Form

Opt-Out Form


²A fee of $29.00 will be charged for each overdraft - up to six (6) overdraft charges can be charged each business day, not to exceed $174.00. After the first 6 overdrafts in a business day, the bank will pay authorized debit card transactions and return checks which may carry an Insufficient Item fee of $29.00 per item, per presentment. We will not charge a fee if your account is overdrawn less than $5.00 on any given day. If you are over the age of 18, your account may have Overdraft Coverage. According to the law, consumers will need to agree to participate in (or "opt in" to) the Overdraft Coverage program for ATM transactions and one-time debit card purchases. All eligible customers are qualified for Overdraft Coverage for checks, ACH and recurring debit card transactions unless a specific opt-out request is made. This service does not constitute either a written agreement of an obligation or a prearranged agreement for CoreFirst Bank & Trust to pay your overdrafts and we may withdraw this coverage at any time. Payment of any overdrafts will continue to be at the discretion of CoreFirst Bank & Trust and payment of an overdraft does not obligate us or create an agreement or course of dealing on our part to allow overdrafts on any occasion. Please see your Deposit Account Agreement for additional detail.