What You Need to Know about Overdraft Practices and 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 may come with your account.

2. We also offer overdraft protection such as a link to another checking 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 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 & reoccurring debit card transactions.

After August 15, 2010, we will not 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 Coastal Community Bank pays my overdraft?

Under our standard overdraft practices:

  • We will charge you a fee of $32.00 each time we pay an overdraft.
  • There is a 5 per day limit on the total fees we can charge you for overdrawing your account.

What if I want Coastal Community Bank 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 you need to tell us your want to "opt in". You can do so through any of the following channels:

You can find your specific branch phone number on our locations page.

Opt In/Out Online Form





Opt-In: I want Coastal Community Bank to authorize and pay overdrafts on my ATM and everyday debit card transactions for all of my accounts specified below:
For all of my accounts
For accounts specified below:



Decline: I do not want Coastal Community Bank to authorize and pay overdrafts on my ATM and everyday debit card transactions after August 15, 2010.
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.

I/we understand that I have an ongoing right to change this consent at any time.

Security Code

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Alternative Ways to Opt In/Out

  • By Phone

    Our Service Representatives are standing by if you prefer to Opt In or Revoke Earlier Request by phone at any branch locations.

  • By Mail

    If you prefer to Opt In or Revoke Earlier Request by mail, please print this form and send it to us at:

    Coastal Community Bank

    P.O. Box 12220

    Everett, WA 98206

  • In Person

    Sometimes it's easier to talk about things in person. Please visit any of our locations and ask a personal banker to help you decide which plan is best for you.

Important Security Updates and Information