What You Need to Know about Overdrafts and Overdraft Fees

An overdraft occurs when you do not have enough money in your account to cover a transaction, but we pay it anyway. We can cover your overdrafts in two different ways:
  1. We have standard overdraft practices that come with your account.
  2. We also offer overdraft protection plans, such as a link to a savings account or a personal line of credit, which may be less expensive than our standard overdraft practices. To learn more, ask us about these plans.

This notice explains our standard overdraft practices.

We do authorize and pay overdrafts for the following types of transactions:

We do not authorize and pay overdrafts for the following types of transactions unless you ask us to (see below):

We pay overdrafts at our discretion, which means we do not guarantee that we will always authorize and pay any type of transaction.

If we do not authorize and pay for an overdraft, your transaction will be declined.

Under our standard overdraft practices:

If you also want us to authorize and pay overdrafts on ATM and everyday debit card transactions, call 1-800-824-2692, complete the form below and present it at a First Montana Branch or mail it to: FIRST MONTANA BANK, PO BOX 1550, LIBBY, MT 59923


If you authorize us to pay overdrafts for ATM and everyday debit card transactions you have the right to revoke this decision in the future by notifying us by any of the methods stated above.