Overdraft Protection

How does Overdraft Protection work?

• Money is automatically transferred to your checking account in $100 increments
• Saves you money from overdraft fees
• Interest is only charged on the money that's transferred to cover the overdraft
• If no money is transferred, it costs you nothing!

Overdraft Protection also covers other types of transactions that might overdraw your account such as:

• VISA Debit Card transactions
• Withdrawals - including from ATMs
• Automated Clearing House

Since Overdraft Protection is a line of credit, it can be used again and again once the advanced amount is repaid. If this wasn't enough, here are three other reasons why it's good to have overdraft protection:

• Protects your credit rating
• Serves as a short-term loan between paychecks
• Helps you avoid the hassle of returned checks