Recently the Federal Reserve Board passed new regulations requiring all financial institutions to obtain an “Opt-In” form from account holders to continue providing Overdraft Services on ATM and one-time Debit Card transactions clearing members accounts.

This change means that if we do not receive a signed “Opt-In” form from checking account holders, the current overdraft services with SnoCope will soon not cover ATM and one-time Debit Card transactions for them. Please note the new regulations do not affect the current overdraft services that are provided on ACH or Paper Check transactions. The changes will begin to affect accounts on August 15, 2010. Providing us with the “Opt-In” form before August 15, 2010 can ensure that you do not experience any changes in the services you are presently receiving. You have the option to opt-in or opt-out at anytime.

If you do not provide SnoCope with the “Opt-In” form linked below, your ATM and Debit Card transactions will no longer be authorized if funds are not available. All transactions will be handled within the existing policies of your account.

In order to continue receiving the overdraft services that you may currently have, please print and complete the “Opt-In” form (below) and return it to SnoCope. You may also call 425-388-3481 to opt-in to the overdraft services. By clicking the link below you will be provided additional details about overdraft procedures. If you have any questions, please call a Member Service Representative at: 425-388-3481.

Important Notice
Regarding Your Overdrafts & Overdraft Services