debit/atm card overdraft privilege service opt in
At Lake Elmo Bank, our priority is to help you make financial choices that serve your own best interests and specific needs. Regulations require us to get your permission to assess fees when we cover overdrafts for everyday debit card and ATM transactions on accounts with insufficient funds.
We may decline all everyday debit card and ATM transactions on accounts with insufficient funds unless you tell us you want overdraft coverage for these transactions. To request that we make Overdraft Privilege Service available for your everyday debit card and ATM transactions, call Customer Service at 651.773.4700, or click here to submit an online authorization form. For those customers who have Overdraft Privilege Service, the service will no longer be available for these transactions if you have not opted in.
To help manage your banking costs, we also offer other overdraft options that may be more beneficial and cost effective. To get more information on these options or if you have any questions, please contact Customer Service at 651.773.4700.
We want you to know that we are ready to assist you in tailoring a choice that is in your best interest. We know that overdraft protection is not a "one size fits all" service. We appreciate your business and look forward to continuing to serve your financial needs.