At IBERIABANK, our priority is to help you make financial choices that serve your best interests and specific needs. New regulations require us to obtain your permission to cover overdrafts for everyday transactions made with your ATM or debit card.

Beginning August 15, 2010, we will no longer be able to authorize and pay overdrafts on your ATM and everyday debit card transactions unless you affirmatively consent, or opt-in, to our standard overdraft practices. These transactions include ATM withdrawals and transfers, and everyday purchases made using your debit card at grocery stores, restaurants, gas stations and other merchants as well as purchases or payments made online or by phone.

If you would like IBERIABANK to authorize and pay overdrafts on your ATM and everyday debit card transactions, please let us know by selecting one of the following:

• By mail - complete the election form that was mailed to you and mail it back to us in the self-addressed, postage-paid envelope that was enclosed


• In person - stop by your nearest branch location


• Online – complete and submit the election form now

If you’re pleased with the way we handle your ATM and everyday debit card transactions and want to avoid disruption in your current level of service, simply complete and return the election form to us no later than August 15, 2010.

If we don’t receive your election by August 15, 2010, your ATM and everyday debit card transactions may be declined.

We also offer other overdraft options that may be more beneficial and cost-effective. To learn more about these options, please call our Customer Service at (800) 682-3231 or visit any of our convenient branch locations.

We are here to assist you! We look forward to continuing to serve your banking needs.

Click here to learn more about Extended Overdraft Protection.

Do I need to opt-in to overdraft coverage?

To assist you in making the right choice, take a few moments to review and answer the questions below. If you are not the only authorized user of your account, consider all users as you answer the questions.

1. I use my ATM or debit card frequently to make purchases because it’s more convenient than writing a check.

Yes No

2. I use my debit card to make purchases because it’s safer than carrying cash and I can earn Dream Points®Reward points.

Yes No

3. My account balance sometimes gets fairly low before I make a deposit.

Yes No

4. Sometimes I do not know my account balance when I use my ATM or debit card.

Yes No

5. I frequently use my ATM or debit card when I am out of town and away from an IBERIABANK branch location.

Yes No

6. If I need to use my ATM or debit card in an emergency or for an unexpected purchase, it would be important to me that my transaction be approved regardless of my account balance.

Yes No

7. I do not anticipate overdrawing my account, but if it happened, I would consider paying an overdraft fee for the convenience of completing the transaction.

Yes No

8. If I were trying to make a purchase for an amount more than my account balance, I would rather pay a fee to avoid the embarrassment of being declined.

Yes No

9. I appreciate the peace of mind provided by having overdraft coverage and I do not want any interruption in my current level of service.

Yes No

If you answered YES to…

0 to 3
You may not need to opt in to our overdraft services since it is unlikely that you will need to access your overdraft coverage.

4 to 6
You don’t plan to overdraw but you may want to opt in if paying a fee is worth avoiding the inconvenience and embarrassment of being denied the transaction.

7 to 9
You may want to consider opting in to our overdraft services for your ATM or debit card transactions.