WHAT DO YOU NEED TO KNOW ABOUT OVERDRAFTS AND OVERDRAFT FEES?

An overdraft happens when you do not have the funds within your checking account to cover the transaction that has been made. We have overdraft safety nets in place. Section 705 may elect to pay the transaction anyway. We can safeguard your account in two ways:

  • We have standard Overdraft Privilege that is included when a checking account is opened
  • For a more extensive protection, we offer Overdraft Protection plans. For example, you may setup a link to a savings account or line of credit. This may be a less expensive option than the Overdraft Privilege program.

Posted in: Overdraft Privilege