CheckGuard Privilege Disclosure

Delta Bank’s CheckGuard Privilege will allow you to overdraw your personal checking account up to $100. Your account will be analyzed after it has been open for 60 days and you may receive an increase to $500 or $1,500 (if eligibility requirements are met). Checks, automatic bill payments and other transactions made using your checking account number will automatically be included in the types of items that your CheckGuard will cover. You will continue to pay overdraft (OD fee for paid items) fees of $35 per each overdraft item paid for items that are approved through this program. The non-sufficient fund fee (NSF fee on returned items) is the same for a returned check as it is for a check paid through CheckGuard Privilege. All NSF or OD fees, bank fees and charges will be included in the pre-approved limit.

We will only authorize and pay ATM transactions and everyday debit card transactions if you have elected to include these types of transactions. Should you choose to include these types of transactions, they will also be charged the overdraft (OD fee for paid items) fees of $35 per each overdraft item paid for items that are approved through this program. To activate this additional service, you must read and sign an Overdraft Service Opt In Form. Should you decide to decline this additional service, ATM transactions and everyday debit card transactions will be declined if sufficient funds are not in your account.

Eligibility for CheckGuard Privilege:

It is the policy of Delta Bank to comply with all applicable laws and regulations, and to conduct business in accordance with safety and soundness standards. There are a few eligibility requirements that will apply to CheckGuard Privilege:

You may not be eligible for CheckGuard Privilege if any of the following occur:

Your total monthly deposits are less than $300.

1. Your total monthly deposits are less than $300.
2. You are past due on any loan payment.
3. Your account does not reflect a positive balance at least once every 32 days.
4. Your account is subject to any legal or administrative orders or levies.
5. It appears that any suspicious or improper activity is occurring in your account.
6. The Bank concludes that you should not participate in CheckGuard Privilege.

Suspension of Privilege:

After your CheckGuard Privilege has been activated, we may suspend your privilege without notice if we become aware of any of the above conditions, or other activity that may indicate a problem with your account.

Other Provisions:

• CheckGuard Privilege may be limited to one (1) account per social security number.
• The CheckGuard Privilege limit is not included in your account balance through online banking, mobile banking, the ATM or Bankline 24.

Your account agreement describes the duties, obligations, and rights of depositors, authorized signatories and the bank with regard to your deposit accounts. That account agreement is incorporated herein for all purposes as if it were set forth verbatim as to matters not directly addressed by this agreement. Your account agreement and this agreement shall be construed so as to minimize conflicts between the two agreements. However, should there be a conflict in the language in the two documents, the language in the account agreement would control.

Approval of payment of reasonable overdrafts by Delta Bank on consumer accounts in good standing (as described above) is only a discretionary courtesy and not a right or obligation. Delta Bank reserves the right to cancel the CheckGuard Privilege overdraft protection program on any and all accounts without prior notice of reason or cause.

We have other solutions for your short-term financial needs which can reduce the overdraft fees you pay to us. These solutions include a line of credit for which you must qualify or a sweep service which transfers funds from one Delta Bank Checking or savings account to another.

If you are signed up for internet banking and or mobile banking, create an alert which will email or text you when your account reaches the balance you set. More information about these services may be requested at any office of Delta Bank.

Additionally, you may find guidance in managing your budget at Money 101.

Money 101