Overdraft Privileges
Do you enjoy the security of overdraft privilege when using your debit card?

We know that many of our customers appreciate the convenience, flexibility, and peace of mind provided by having our overdraft programs in place to discretely bridge a temporary gap. You will have the opportunity to tell us “YES” you want your debit card transactions covered by your overdraft privilege, on the Opt-In form below.

We recently enhanced our Discretionary Overdraft Privilege service [click here to view disclosure], to include coverage of overdrafts on everyday debit card and ATM transactions, and call this discretionary overdraft service “Oops” (Optional Overdraft Privilege service).  To continue receiving the benefit of “Oops”, new federal regulation requires us to obtain your consent by opting into the terms and conditions for that service.

If you do not opt-in, your ATM withdrawals and everyday debit card purchases will be declined when you do not have enough money in your account at the time of the transaction.  Your checks and other non-debit card transactions will continue to be covered by your discretionary overdraft privilege. 

There is no fee to opt into “Oops”.  You will incur our standard overdraft fee for each item we pay into overdraft for you.  We also offer automatic transfers for overdraft protection from another SNBT account, that you may be interested in learning more about.  Please ask us!

How to participate? Opt-in now to continue overdraft coverage by printing this page, completing your name and accounts numbers, and faxing your signed copy to 940-592-2321, or bring it by one of our convenient  locations!  Banking Hours: 8:00 am - 4:00 pm Mon.-Thur., 8:00 am – 6:00 Fri., and 8:00 am – 12:00 noon on Saturdays 

You may also provide your overdraft consent selection by simply giving us a call at 940-592-4131 or toll free (866) 770-1179,or sending us a secure email via our Internet Bank. 


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 comes with your account (please review attached SNBT Discretionary Overdraft Privilege disclosure).

2.We also offer an overdraft protection plan by automatic transfers from another SNBT account, 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.

    What are the standard overdraft practices that come with my account?

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

 Checks and other transactions made using your checking account number

 Automatic bill payments

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

ATM transactions

Everyday debit card transactions

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 an overdraft, your transaction will be declined.

    What fees will I be charged if State National Bank of Texas pays my overdraft?

Under our standard overdraft practices:

We will charge you a fee of $35.00* each time we pay an overdraft.

There is no limit on the total fees we can charge you for overdrawing your account.

    What if I want State National Bank of Texas to authorize and pay overdrafts on my ATM and everyday debit card transactions?

If you also want us to authorize and pay overdrafts on ATM and everyday debit card transactions:

call (940) 592-4131, toll free (866) 770-1179, or your local SNBT office, or

visit any of our convenient SNBT locations, or

visit www.snbt.net and click on the “Say Yes to Opt In” link, or

sign into your Internet Bank account at www.snbt.net and send us a secure email, or

complete the form below and return it to us by mail to State National Bank of Texas, Attn: Operations, P.O. Box 878, Iowa Park, TX 76367, or fax it to (940) 592-2321.

*Fees are subject to change with 30 days notice. You are agreeing to the terms of our discretionary overdraft service, and not the fees that may be associated with the service.


After August 15, 2010:

___ I want State National Bank of Texas to authorize overdrafts on my ATM and everyday debit card transactions.

___ I do not want State National Bank of Texas to authorize overdrafts on my ATM and everyday debit card transactions. 

Printed Name: ______________________________________  Date: ____________________

Account Number(s): ________________________________________________

Click here to print and fill out the Opt-In form

up arrowreturn to top