Yes. Banks provide overdraft facilities to customers at a fee. This fee is chargeable on a yearly basis and the bank has the right to deduct the amount from your bank account every year. If you fail to pay the fee, the bank also has the right to cancel your overdraft facility.
An all-access membership is $79 a month, membership for just one gym is $69 per month. If you sign up for a yearly contract you only pay a $40 initiation fee. If you pay month-to-month, the initiation fee is about $99+.