Contact Information:

(870) 773-4561 (903) 831-4561
Fax: (870) 772-6914 or (903) 223-9327
e-mail: cnb@cnbtxk.com

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 a link to a savings 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

After August 15, 2010, we will not authorize and pay overdrafts for the following types of transactions unless you ask us to:

  • 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 Commercial National Bank pays my overdraft?

Under our standard overdraft practices:

  • We will charge you a fee of up to $35.00 each time we pay an overdraft.
  • Also, if your account is overdrawn for 3 or more consecutive business days, we will charge an additional $3.00 per day.
  • There is no limit on the total fees we can charge you for overdrawing your account.

What if I want Commercial National Bank 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 after August 15, 2010, do one of the following:

  • Call 870-773-4561.
  • After agreeing to the terms and conditions, complete the form and click the submit button, (it’s safe and secure.)
  • Print out the form, fill out, and present it at any Commercial National Bank branch.
  • Print out the form, fill out, and mail to: PO Box 1998, Texarkana TX 75504.

Your decision will become effective upon confirmation. You can revoke your authorization for Commercial National Bank to pay these overdrafts at any time. Your revocation must include both your name and your account number so that we can properly identify your account.

Click here to review the terms and conditions to accept electronically.

I agree to the terms and conditions to accept electronically.


(Continue to Overdraft Enrollment Form )
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