Overdraft Privilege provides a safety net in the event there are not enough funds in your checking account at the time of a withdrawal. Rather than automatically returning unpaid all insufficient funds items, we will consider, without obligation on our part, payment of your reasonable overdrafts created by checks, ACH, or in-person (teller) withdrawals up to your assigned Overdraft Privilege limit. With some exceptions, most of our checking account types are eligible for this service.
You do not have to apply for this service, and you do not need to sign any additional documents. There is no fee to add Overdraft Privilege to an account, and no fee if you never use it. If we authorize a transaction that causes your account to fall into a negative balance you will incur our normal overdraft fee of up to $29.
If you want to extend Overdraft Privilege to your debit card, you must opt in by completing our Opt-In form and mailing it back to us or dropping it off at any banking office. If you opt in, your debit card will work as it currently does. If we authorize a reasonable debit card transaction (including ATM transactions) that causes your account to fall into a negative balance you will incur our normal overdraft fee of up to $29.
Overdraft Transfer Service
When there are insufficient funds in your account to cover a check, withdrawal, or automatic payment that you have authorized, and you have Overdraft Transfer Service, we transfer funds from your designated statement savings account and charge you an automatic transfer withdrawal fee of $2. This fee covers all overdrafts that occur in a single day. Some restrictions do apply to the number of transfers allowed in a statement period. Click here to download our Automatic Transfer Authorization Form.