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What is an Extended Overdrawn Balance Charge (EOBC)?

April 26, 2017Balance charge extended overdrawn

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What is an Extended Overdrawn Balance Charge (EOBC)?

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If your account has a negative balance for 5 consecutive business days, you will receive an additional one-time Extended Overdrawn Balance Charge of $35 on the sixth day. This fee is in addition to any applicable fees for overdraft items, insufficient funds and returned items.