Telephone:  706-629-6499

Tele Bank:    706-624-0888.

Toll-free:       888-355-6462

Business Banking: ODP! Service

Have You Ever...
...made a mistake in your checkbook?
...forgotten to record a deposit? A purchase? A withdrawal? A check order?
...had to “guess” at what transactions a joint owner has made?
...had a transaction denied or turned down at checkout?
...had the embarrassment and expense of a returned check?
We cannot promise or guarantee these things will never happen, but what we can do is CONSIDER!
And you deserve consideration...

Rather than automatically returning unpaid all insufficient funds items that you may have, we will consider, without obligation on our part, payment of your reasonable overdrafts up to your assigned ODP! Limit.
You do not have to apply for this service and you do not need to sign any additional documents for the service. It is already a part of your checking/draft Deposit Account Agreement with us. With some exceptions, most of our checking/draft account types, and individual accounts, are eligible for this service. See “Ineligible Accounts”; “Eligible Account Types”; and “Transactions That May Cause or Create Overdrafts Using Your ODP! Limit” below.
If you do not use the ODP! Service it costs you NOTHING. “Use” means you initiate insufficient funds transactions.
If you do use the ODP! Service you WILL be charged our customary fees set out below.

ODP! Can Mean...
You may avoid high charges from merchants for returned checks
You may avoid the embarrassment and inconvenience of denied purchases and dishonored checks
Payment of your occasional and inadvertent overdrafts up to your assigned ODP! Limit of $500 or $900 or $2,000 will normally be considered. These limits include our customary fees set out below. Our fees will be added to any outstanding overdrafts you may have and will be applied against your ODP! Limit.

If you have questions concerning the ODP! Service please contact a Service Representative at (706) 629-6499.

North Georgia National Bank ODP! Policy
It is North Georgia National Bank’s policy to comply with applicable laws, rules and regulations, and to conduct business in accordance with strict safety and soundness standards. A non-sufficient funds (overdraft/negative balance) may result from: A) The payment of checks, electronic funds transfers, or other withdrawal requests you initiate; B) Payments authorized by you; C) The return, unpaid, of items deposited by you; D) Charging your account for our applicable service charges and fees; E) The deposit of items to your account which, according to our Funds Availability Policy, are treated as not yet “available” or “finally paid”.
Rather than automatically returning, unpaid, all non-sufficient funds items that you may have, if your “eligible account type” has been open for at least thirty (30) days and thereafter you maintain your account in good standing, which includes at least: (A) Continuing to make deposits consistent with your past practices, and depositing at least $400 or more in your account within each thirty (30) day period, (B) You are not in default on any loan obligation to us, (C) We reserve the right to require you to pay your outstanding overdraft (negative) balance, including our fees, immediately or on demand, and (D) Your account is not the subject of any legal or administrative order or levy, such as bankruptcy or a tax lien, we will consider, without obligation on our part, approving your reasonable overdrafts up to your assigned ODP! Limit, including our fees.
This discretionary service will generally be limited to a $500 overdraft (negative) balance for Free checking account types, or a $900 overdraft (negative) balance for eligible personal checking account types; or a $2,000 overdraft (negative) balance for eligible business checking account types.
Our normal fees and charges including, without limitation, our non-sufficient funds (NSF) or overdraft (OD) fees; currently $35.00 per non-sufficient funds or overdraft item, as set forth in our fee schedule, will be charged for each transaction initiated for payment from your checking account that does not have sufficient collected funds. Typically, we will charge our normal NSF/OD fee whether we approve an overdraft item for payment or return it unpaid. In addition, we will charge your account a $10.00 “overdraft fee” for each ten day period your account is overdrawn. Typically we will charge this “overdraft fee” on the tenth day your account is overdrawn and each subsequent tenth day your account is overdrawn and continues to have a negative (overdraft) balance.
Our NSF/OD fees overdraft fees will be included in and count against your assigned ODP! Limit of $500, or $900 or $2,000.
Whether your overdrafts will be paid or not is at our sole discretion and we reserve the right not to pay. For example, we typically do not pay overdrafts if your account is not in good standing as described above, or if you have too many overdrafts. We may refuse to pay an overdraft for you at any time, even though your account is in good standing and even though we may have previously paid overdrafts for you. You will be notified by mail of any non-sufficient funds items paid or returned that you may have; however, we have no obligation to notify you before we pay or return any item. The amount of any overdrafts including our fees that you owe us shall be due and payable immediately. If there is an overdraft paid by us on an account with more than one (1) owner on the signature card, each owner, and agent if applicable, drawing/presenting the item creating the overdraft, shall be jointly and severally liable for such overdrafts including our fees.

Optional Overdraft Protection Services
We offer an additional overdraft protection service that you may apply for. Overdraft Protection will transfer available funds from another account of yours with us. If you apply and are approved for this optional service, you may save money on the total fees you pay us for overdraft protection services.

Ineligible Accounts and Limitations
Available only for eligible checking accounts that are maintained in good standing as defined below. Savings Type Accounts, Money Market Accounts, Public Fund/Charitable Organization Accounts, Certain Trust Accounts, Student Minor Accounts, and any other Minor Account not of legal age are not eligible for this service. We may, in our sole option and discretion, limit the number of your accounts eligible for ODP! to one account per household and/or one account per taxpayer identification number.

Eligible Account Types
The account types that are eligible for ODP! are:
• Personal Checking
• Free Checking
• Relationship Rewards Checking
• Senior Relationship Rewards Checking
• Small Business Checking
• Business Checking

Transactions That May Cause or Create Overdrafts Using Your ODP! Limit
NSF transactions initiated for payment against your checking account may be paid by us using your assigned ODP! Limit, including our fees, OUR NSF/OD FEE MAY BE IMPOSED FOR PAYING, OR NOT PAYING, OVERDRAFTS YOU CREATE BY: CHECKS; IN PERSON (TELLER) WITHDRAWAL; ATM WITHDRAWAL; OR OTHER ELECTRONIC MEANS.

You May Always Opt-Out
You may choose at any time to not participate in ODP! by notifying one of our Service Repre-sentatives who will explain what this (“Opt-Out”) means, and the potential consequences, for you.

If You Need Help

Of course, overdrafts should not be used to pay ordinary or routine expenses and you should not rely on overdrafts as a means to cover these expenses. If at any time you feel you need help with your financial obligations please contact one of our Service Representatives at (706) 629-6499.

Always a Discretionary Service

Our ODP! Service does not constitute an actual or implied agreement between you and us. Nor does it constitute an actual or implied obligation of or by us. Our ODP! Service represents a purely discretionary courtesy or privilege that we may provide to you from time to time and which may be withdrawn or withheld by us at any time without prior notice or reason or cause.