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Banks & Banking — Overdraft Fees – Debit Posting Order – Contract (access required)

Gay v. Peoples Bank (Lawyers Weekly No. 15-15-0641, 21 pp.) (Louise Bledsoe III, J.) 2015 NCBCD 59 Holding: An addendum to the defendant-bank’s checking account agreement clearly indicated that the bank would pay the largest debit item first each day, noting that this payment policy might increase overdraft or insufficient-fund fees a customer would pay. The ...

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