Overdraft Protection

An overdraft occurs when you do not have enough money in your account to cover a transaction, but we pay it anyway. We can cover your overdrafts in two different ways:

  • We have standard overdraft practices that come with your account.
  • We also offer overdraft protection plans, such as a link to a savings account, which may be less expensive than our standard overdraft practices. To learn more, ask us about these plans.

We do authorize and pay overdrafts for the following types of transactions:

  • Checks and other transactions made using your checking account number.
  • Automatic bill payments.

We will not authorize and pay certain overdrafts unless you ask us to by opting in.

We pay overdrafts at our discretion, which means we do not guarantee we will always authorize and pay any type of transaction. If we do not authorize and pay an ATM/Debit overdraft, your transaction will be declined.

Under our standard overdraft practices:

  • We will charge you a fee up to $35 each time we pay an overdraft.
  • We can charge no more than five $35 fees in one day.
  • We will not charge you the $35 overdraft fee if the amount that overdrew your account is $5.00 or less.

If your account is overdrawn, you should bring it current as soon as possible. Overdrawn accounts are subject to a sustained overdraft fee described in our retail fee schedule of $5.00 per day after the 5th day overdrawn. Overdrawn accounts are also subject to account closure for mishandling. If the bank closes an account with a negative balance, you are still responsible for that negative balance.

If you also want us to authorize and pay overdrafts on ATM and everyday debit card transactions, please OPT-IN, via online banking, or call us at 508-890-9000 to register your selection.

You may change your overdraft protection designation for your account(s) at any time.