overdraft coverage options:

overdraft privilege and overdraft protection

Life happens! First Montana Bank understands that unexpected overdrafts occur from time to time – Overdraft Coverage can help.

Overdraft Coverage Options

The choice is yours. Consider these ways to cover overdrafts:

Service Cost
Overdraft Protection Link to Another Account you have at First Montana Bank 1 $5.00 fee per transfer.
Overdraft Protection Line of Credit 1, 2 Subject to fees + interest
Overdraft Privilege $33.00 Overdraft Fee per item

1 Call us at 1-800-824-2692, or come by a branch to sign up or apply for these services; 2 subject to credit approval.

Overdraft Protection services apply to all transactions and may help prevent overdrafts by automatically transferring funds to your checking account from another account, or line of credit you may have at First Montana Bank for a finance charge. Please note that overdraft lines of credit are subject to credit approval. Stop by your local branch to apply.

Overdraft Privilege allows you to overdraw your account up to the disclosed limit for a fee in order to pay a transaction. Even if you have overdraft protection, Overdraft Privilege is still available as secondary coverage if the other protection source is exhausted. Please review the ”What Else You Should Know” section included with this letter for other important information.

Transactions Covered with Overdraft Privilege

Standard Coverage

(No action required)

Extended Coverage

(Your consent required on consumer accounts)*

If you would like to select Extended Coverage for future transactions:

  • call us at 1-800-824-2692
  • complete and submit the online consent form found at www.firstmontanabank.com
  • visit any branch
  • complete the enclosed consent form and mail it to us at P O Box 1550 Libby MT 59923 or bring it by any of our locations
Checks
ACH – Automatic Debits
Recurring Debit Card Payments
Online Bill Pay Items
Internet Banking Transfers
Telephone Banking
Teller Window Transactions
ATM Withdrawals *
Everyday Debit Card Transactions *

*If you choose Extended Coverage, ATM withdrawals and everyday debit card transactions will be included with the transactions listed under Standard Coverage. You can discontinue Overdraft Privilege in its entirety by contacting us at 1-800-824-2692.

You can discontinue Overdraft Privilege in its entirety by contacting us at 1-800-824-2692.

What Else You Should Know

If you have any questions about Overdraft Protection or Overdraft Privilege, please call us at 1-800-824-2692 or visit a branch.