Overdraft Services

An overdraft occurs when you do not have enough money in your account to cover a transaction, but the bank pays it anyway. This can happen when you:

• Write a check
• Authorize an automatic payment from the checking account (ACH) to pay for recurring expenses such as utility bills, mortgage payments, gym memberships, etc.
• Pay for purchases with a debit card
• Make withdrawals from an Automated Teller Machine (ATM)

Any item(s) posted as a debit to your account can result in an overdraft and all such items are treated the same with regard to the action we may take to cover your transaction(s). In other words, overdraft actions and charges can apply to all debit transactions. Community West Bank offers several types of overdraft services, listed below, that can cover you in the event of an overdraft.

We may, at our discretion, honor transactions that overdraw your account, or we may decide to return the item(s), also called Non-sufficient Funds (NSF) items, to the payee. In either case:

We charge a $25 non-sufficient funds fee per transaction during our nightly processing beginning with the first transaction that overdraws your account balance by more than $50 (maximum of 4 fees per business day, for a total of $100 for Consumer checking accounts and a maximum of 8 fees per business day for a total of $200 for Sole Proprietorship checking accounts).

We charge $10 non-sufficient funds fee per transaction that is rejected or returned during our nightly processing beginning with the first transaction (maximum of 4 fees per business day for a total of $40 for Consumer checking accounts and a maximum of 8 fees per business day for a total of $80 for Sole Proprietorship checking accounts).

Please be aware that the item may be re-presented to us multiple times for payment resulting in recurring NSF fees. There is no limit to the number of times the item can be re-presented in an effort to be paid. It is not our intent to charge you multiple times when the item is re-presented for payment; however, we are unable to differentiate whether an item is a first-time presentment or a re-presentment. Please review your account statement and if our system charged you an NSF fee after the item was first presented, notify Customer Service at (559) 298-1775 or your local banking center and we will reverse the NSF fee.

The amount of any overdrafts plus our Non-Sufficient Funds and/or Overdraft (NSF/OD) Charge(s) that you owe us shall be due and payable upon demand. If our final decision on the item(s) caused your account to become overdrawn, you should make a deposit as soon as possible to bring your account to a positive balance.

Occasional Overdraft Service (OOS)

Occasional Overdraft Service (OOS) is a courtesy service Community West Bank offers that comes standard with all eligible checking accounts in good standing, should an overdraft occur that covers checks, ACH, and recurring debit transactions.

Eligible Accounts:

• Simplicity Checking
• Secure Checking
• Relationship Interest Checking
• Small Business Checking
• Small Business Interest Checking

How to Add Service:

Comes standard for all eligible accounts.

Transactions Covered:

• Checks
• ACH and Recurring Debit Card Transactions

Limits:

Dynamic Limits (determined by your account history, deposit activity, and other patterns of account activity)

Cost:

• No setup fee - automatically included with eligible accounts

Consumer:

• $25 NSF (Overdraft Fee) with a maximum of 4 items ($100) per day
• $10 NSF (Returned Item Fee) with a maximum of 4 items ($40) per day

Non-Consumer:

• $25 NSF (Overdraft Fee) with a maximum of 8 items ($200) per day
• $10 NSF (Returned Item Fee) with a maximum of 8 items ($80) per day

Occasional Overdraft Service Plus (OOS Plus)

Occasional Overdraft Service Plus (OOS Plus) is a courtesy service that offers all the same coverage you receive with OOS with the addition of ATM transactions, and one time debit card transactions, should an overdraft occur.

Eligible Accounts:

• Simplicity Checking
• Secure Checking
• Relationship Interest Checking
• Small Business Checking
• Small Business Interest Checking

How to Add Service:

Requires you to affirmatively opt-in with the Occasional Overdraft Service Plus Opt-In Form.

OOS Plus Opt-In Consent Form

Transactions Covered:

• Checks
• ACH and Recurring Debit Card Transactions
• ATM Withdrawals and Transfers
• One Time Debit Card Transactions

Limits:

Dynamic Limits (determined by your account history, deposit activity, and other patterns of account activity)

Cost:

• No fee to opt-in

Consumer:

• $25 NSF (Overdraft Fee) with a maximum of 4 items ($100) per day
• $10 NSF (Returned Item Fee) with a maximum of 4 items ($40) per day

Non-Consumer:

• $25 NSF (Overdraft Fee) with a maximum of 8 items ($200) per day
• $10 NSF (Returned Item Fee) with a maximum of 8 items ($80) per day

Overdraft Transfers

Overdraft Transfers allow an eligible checking account to have transfers from a linked Savings account or Community Credit Line to cover any overdrafts that occur.

Eligible Accounts:

• Simplicity Checking
• Secure Checking
• Relationship Interest Checking
• Small Business Checking
• Small Business Interest Checking

How to Add Service:

Request which account you would like to be linked. See branch representative for more details.

Transactions Covered:

• Checks
• ACH and Recurring Debit Card Transactions
• ATM Withdrawals and Transfers
• One Time Debit Card Transactions

Limits:

Linked to your available balance in your linked account.

Cost:

• No charge

Community Credit Line (CCL)

Community Credit Lines provide overdraft protection with a line of credit that automatically transfers funds to your checking account should an overdraft occur.

Eligible Accounts:

• Simplicity Checking
• Secure Checking
• Relationship Interest Checking

How to Add Service:

Requires an application. See branch representative for more details.

Transactions Covered:

• Checks
• ACH and Recurring Debit Card Transactions
• ATM Withdrawals and Transfers
• One Time Debit Card Transactions

Limits:

Up to your pre-authorized credit limit.

Cost:

• $20 Annual Fee (can be waived if four advances are posted in a calendar year)
• $10 advance fee per transfer
• Interest accrues on the outstanding balance at the applicable Annual Percentage Rate

Opt In to OOS Plus

To opt in to OOS Plus please fill out the form below and either deliver it to your nearest branch or mail it to Community West Bank, 7100 N. Financial Drive, Ste. 101, Fresno, CA 93720.

OOS Plus Opt-In Consent Form

Opt-Out of OOS and OOS Plus

To discontinue or opt out of the Occasional Overdraft Service (OOS) on your eligible Checking account, please contact your local branch or Customer Service at the address and phone numbers listed below. By opting out of the OOS, your checks, drafts, ACH items, ATM withdrawals, and one time debit card transactions will be automatically returned if presented against non-sufficient funds. A non-sufficient funds (NSF) fee will be applied.

Community West Bank

7100 N. Financial Drive, Ste. 101

Fresno, CA 93720

(800) 298-1775

Email us at customerservice@cvcb.com

Financial Education and Counseling

If you are facing financial challenges and are unable to manage your account effectively, you may want to consider accessing free or low-cost financial education workshops or individualized financial counseling. Educational resources are listed below:

• Money Smart - FDIC