GreatStart Bank’s Bounce Protection Policy

At times, unanticipated expenses or unforeseen problems can leave you with too little cash in your checking account. Having a check returned due to insufficient funds can be an embarrassing experience. At GreatStart Bank, we want to do our part to save you from the possibility of ever having this occur. That's why we created "Bounce Protection" –a special overdraft privilege for GreatStart Bank checking customers.

What is Bounce Protection?
Bounce Protection is an overdraft privilege requiring no action on your part. You do not have to sign anything. Your overdraft privilege (Bounce Protection limit) amount will be automatically assigned.

How does Bounce Protection work?
As long as you maintain your account in good standing (defined as making regular deposits and bringing your account to a positive balance at least once every 30 days), GreatStart Bank may honor overdrafts up to the Bounce Protection limit on your account. If you use Bounce Protection, you should remember the bank's non-sufficient funds (NSF) fee for each transaction will be deducted from your limit. As in the past, the bank will notify you by mail when an overdraft occurs. No interest will be charged on your overdraft balance.

What are some ways I may have access to Bounce Protection?
Generally, you may access your Bounce Protection through:

• Checks and other debits cashed at teller windows
• Debit Card
• ATM transactions
• ACH debit transactions
• Checks issued to a third party
• All transactions that currently are honored through your account

What is my Bounce Protection Limit?
To find your Bounce Protection limit, simply locate your account type in the list below. If you are not sure of your type of account, please refer to your monthly statement.

If you have additional questions or would like more information, call or come by any of our office locations today.