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 come with your account.
  2. We also offer overdraft protection plans, such as Auto Transfer link to another deposit account, which may be less costly 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 may 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 authorize and pay overdrafts for the following types of transactions without your consent:

  • 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 Community Bank of Raymore pays my overdraft?

Under our standard overdraft practices:

  • We will charge you a fee of up to $29 Overdraft Fee per item or $12 Overdraft Fee per item for transactions of $10 or less each time we pay an overdraft
    • There is a limit of $225 per day on the total fees we can charge you for overdrawing your account.

    What if I want Community Bank of Raymore to authorize and pay overdrafts on my ATM and everyday debit card transactions?

    If you want us to authorize and pay overdrafts on ATM and everyday debit card transactions, you may call (816) 322-2100, OR complete and submit the form below online, OR complete and print form and present it at a branch or mail it to: PO Box 200, Raymore, MO 64083.

    You can revoke your authorization for Community Bank of Raymore to pay these overdrafts at any time by any of the above methods. Your revocation must include both your name and your account number so that we can properly identify your account.


    Personal Information

    • OKName is required
    • OKLast 4 of SSN is required
    • Home Phone

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      OKHome Phone is required
    • Daytime Phone

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      OptionalOKDaytime Phone is required
    • OKEmail is required

    Opt In Choice

    • I want Community Bank of Raymore to authorize and pay overdrafts on my ATM and everyday debit card transactions

      OKI want Community Bank of Raymore to authorize and pay overdrafts on my ATM and everyday debit card transactions is required

      If yes, Please choose if you would like to Opt In for all accounts or for specified accounts.

    • I want to opt in for:

      OKI want to opt in for: is required

    Specified Accounts

    • OKAccount Number 1 is required
    • OptionalOKAccount Number 2 is required
    • OptionalOKAccount Number 3 is required
    • OptionalOKAccount Number 4 is required

    E-Signature

      I/We confirm that the Internet access device(s) I/we will use to receive the related legal disclosures, agreements and online account signature forms; and I/we consent to receiving the related legal disclosures, agreements, online account signature form and the instructions electronically. I/we confirm that I/we have read and understand the information regarding the right to opt in or decline this financial institution's paying ATM or one-time debit card transactions.

      OKYes, I/We Confirm is required
    • I/we understand that I have an ongoing right to change this consent at any time.

    • OK is required