We understand that overdrafts can happen occasionally. We have available services to help in these instances for our Small Business Checking and our Business Analysis Checking.
Available overdraft protection options include:
- Overdraft Privilege Program
- Overdraft Protection linked to another one of your accounts
Overdraft Privilege Program
The Overdraft Privilege Program means you are covered should you overdraw your account. Rather than your check returning unpaid, we will consider, without obligation on our part, payment of your reasonable overdrafts up to your assigned limit.You do not have to apply for this service or sign any additional documents. It's already done!
Payment of your occasional and inadvertent overdrafts up to your assigned overdraft limit of $1500 will normally be considered. These limits include our customary fee as further set forth. Our fees will be added to any outstanding overdrafts you may have and will be applied against your limit.
Complete details on the program can be found in our Overdraft Privilege Program policy here.
Details
- Avoid high returned check charges from merchants
- Increase your peace of mind
- Avoid the embarrassment and inconvenience of denied purchases and dishonored checks
- Limits up to $1500
- No need to apply
- Subject to credit approval
- No cost if service isn't used
Fees
We may approve certain transactions that overdraw your account. An overdraft fee of $32.50 may be charged for each transaction that overdraws your account. There is a limit of $97.50 on the total fees we can charge you for overdrawing your account per day.The categories or types of transactions that may overdraw your account include payments, purchases, and transfers of funds.Whether your overdrafts will be paid or not is at our sole discretion and we reserve the right not to pay. For example, we typically do not pay overdrafts if your account is not in good standing or if you have too many overdrafts. We reserve the right to require you to repay your overdrafts immediately or on demand.
Complete details on the program can be found in our Overdraft Privilege Program policy here.
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Business - Online Banking
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Business - Visa Debit Card
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Business MasterCard
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More Information
What are overdraft privileges? They mean, for a fee, we'll pay for debit card purchases and ATM overdrafts when there's not enough money in your account to cover them. The fee can apply to each time you overdraw your account. For each overdraft we pay, we will charge the standard per item authorized overdraft charge set worth in our fee schedule, currently $32.50. There is a limit of $97.50 on the total fees we can charge you for overdrawing your account per day.