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Protect Yourself from Bounced Checks & Overdraft Fees 

How do overdraft or bounced checks happen?

When you perform a transaction (Write a check, withdraw money from an ATM, use your debit card to make a purchase, or make an automatic bill payment or other electronic payment) that exceeds the amount in your checking account, you will overdraw your account.

At our discretion, Metro may pay the amount (honor the check).  If we honor the transaction even though you don't have the money in your account, you will be charged an "overdraft" fee.  If Metro returns your check without paying it, you will be charged a "bounced check" or "insufficient funds" fee.  The person or company that you wrote the check to may charge you a "returned check" fee in addition to the fee that Metro charges you.

How can you avoid overdraft and bounced check fees?

The best way to avoid overdraft and bounced check fees is to manage your account so you don't overdraw it.

Keep track of how much money you have in your checking account by keeping your check register up-to-date.
Record all checks when you write them and other transactions when you make them.  Don't forget to subtract any fees.

Pay special attention to your electronic transactions.
Record your ATM withdrawals and fees, debit card purchases, and online payments.

Don't forget about automatic bill payments you may have set up for utilities, internet services, or loan payments.

Sign up for direct deposit.
You won't have to remember to make the deposit yourself and the money will be in your account faster.

Keep a cushion in your checking account.
Even if it's just $100, having extra money in your account will help prevent overdrafts.

Keep an eye on your account balance.
Remember that some checks and automatic payments may not have cleared yet.

Review your account statements each month.
Between statements, you can find out which payments have cleared and check your balance by calling Metro, visiting an ATM and performing a balance inquiry, or by monitoring your account online.

Online - Check balances
You can access and view your account 24/7 to monitor your activity and avoid fees.

Email alerts
Receive automatic notifications if your account balance goes below a certain limit.

Good account management is the best way to protect your hard earned money.

To learn about Metro's overdraft protection options, click here.