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Products and Services: Bounce Protection

At times, unanticipated expenses or unforeseen problems can leave you with little cash in your checking account. Having a check returned due to insufficient funds is an embarrassing and humiliating experience. At Bank of Granite, we want to do our part to save you from the possibility of ever having this occur. That's why we created "Bounce Protection™", a special overdraft privilege for Bank of Granite checking.

What is Bounce Protection™?
How does Bounce Protection™ work?
How do I know when I use the overdraft limit?
I have two checking accounts. Can I get Bounce Protection™ on both?
What does my Bounce Protection™ privilege cost?
What is my Bounce Protection™ limit?

What is Bounce Protection™?
Bounce Protection™ is an overdraft privilege requiring no action on your part. You do not have to sign anything. Your overdraft privilege (Bounce Protection™ limit) amount will be automatically assigned.

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How does Bounce Protection™ work?
As long as you maintain your account in good standing, Bank of Granite will honor overdrafts up to the Bounce Protection™ limit on your account. If you use Bounce Protection™ , you should remember that the bank’s normal insufficient funds (NSF) fee for each transaction will be deducted from your limit. As in the past, the bank will notify you by mail when an overdraft occurs. No interest will be charged on the overdraft balance.

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How do I know when I use the overdraft limit?
You will receive an overdraft notice in the mail each time items are paid. The notice will show the check number, amount and the NSF fee. You should subtract total fees from your checkbook. Remember, the fee for paying an item is the same as for returning one.

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I have two checking accounts. Can I get Bounce Protection™ on both?
Yes. If you have multiple accounts for your household, you may have a limit on all eligible accounts.

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What does my Bounce Protection™ privilege cost?
There is no additional cost associated with the privilege. As stated previously, you should keep in mind that you will be charged an NSF fee for each check paid under the limit. Remember, checks drawn up to the limit will not be returned, saving you the embarrassment and expense associated with the returned check fee. This privilege can save you money.

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What is my Bounce Protection™ limit?
To find your Bounce Protection™ limit, simply locate your account type in the listing below.

Account: Bounce Protection™ Limit:

	Account:	Bounce Protection™ Limit:
	Banclub	$350
	Granite Checking	$400
	Granite NOW	$600
	Lifestyle 50	$500
	Lifestyle 50 Elite	$500
	Granite Senior	$100

If you have any additional questions or would like more information, call or come by any Bank of Granite offices today.

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