Overdraft Services

What is an overdraft?

An overdraft occurs when you do not have enough money in your account to cover a transaction. The best way to avoid overdrafts and merchant declined purchases is to manage your checking account properly. Keep track of your account balance by entering all checks, debit card purchases, and ATM withdrawals in your check register. Reconcile your checkbook regularly and manage your finances responsibly.
 
However, we realize unanticipated expenses or unforeseen problems can occur, leaving you with too little cash in your checking account. Having a check returned due to insufficient funds can be costly, inconvenient, and potentially embarrassing.
 
Overdraft services may save you from the additional merchant fees and possible damage to your credit history that might result if a check is returned.
 
 

Insufficient Funds Account-to-Account Transfer

Set up Insufficient Funds Account-to-Account Transfer to automatically transfer funds from a secondary account (such as a savings*, money market* or additional checking account) to your primary account when the balance falls below $0**.
 
* Transfers from money market or savings accounts are limited to six per month. $15 per transaction fee for exceeding six per month. Additional consequences for exceeding this limit may apply.
**Account-to-account automatic transfers debit the non-sufficient funds (NSF) balance as of the end of the day, plus a $5 fee from the secondary account and credit it to your primary account to cover the overdraft.

 

Consumer Overdraft Line of Credit

Our Consumer Overdraft Line of Credit automatically covers overdrafts on your checking account up to a predetermined limit.
  • Available in $500 and $1500
  • No annual fee
  • Advances in $50 increments
  • Payments due the 25th of the month (Minimum payment will be automatically withdrawn from the attached checking account if payment isn't made.)
  • 18% Annual Percentage Rate (APR)
  • Combined statement with checking account
  • You must apply and qualify for this product