Academy Bank authorizes and pays overdrafts for the following types of transactions based on the length of time your account has been open: (1) checks and other transactions made using your checking account number such as ACH direct debits and (2) automatic bill payments. The bank will not authorize and pay overdraft for the following types of transactions unless you ask to: (1) ATM transactions and (2) everyday debit card transactions. If you want Academy Bank to authorize and pay overdrafts on everyday debit card and ATM transactions, log into your account through Online Banking, click the "Reg E Overdraft Opt In" button. For every overdraft item the bank will charge a $25 fee. The maximum fee the bank will charge per day is $125.
WalletHub Answers is a free service that helps consumers access financial information. Information on WalletHub Answers is provided “as is” and should not be considered financial, legal or investment advice. WalletHub is not a financial advisor, law firm, “lawyer referral service,” or a substitute for a financial advisor, attorney, or law firm. You may want to hire a professional before making any decision. WalletHub does not endorse any particular contributors and cannot guarantee the quality or reliability of any information posted. The helpfulness of a financial advisor's answer is not indicative of future advisor performance.
WalletHub members have a wealth of knowledge to share, and we encourage everyone to do so while respecting our content guidelines. Please keep in mind that editorial and user-generated content on this page is not reviewed or otherwise endorsed by any financial institution. In addition, it is not a financial institution’s responsibility to ensure all posts and questions are answered.
Ad Disclosure: Certain offers that appear on this site originate from paying advertisers, and this will be noted on an offer’s details page using the designation "Sponsored", where applicable. Advertising may impact how and where products appear on this site (including, for example, the order in which they appear). At WalletHub we try to present a wide array of offers, but our offers do not represent all financial services companies or products.