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$1000 Overdraft Limit

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  • July 8, 2015 at 12:55 pm EDT #7136
    Evelyn
    Participant

    When determining the $1000 overdraft limit for directors, are fees included or excluded from the $1000. For instance, an account is overdrawn -$990 based on presentment items but with fees is overdrawn more than $1000? Are fees factored?

    July 8, 2015 at 10:33 pm EDT #7138
    rcooper
    Member

    In my opinion the fee should be included in the aggregate overdraft amount.

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