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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, which we refer to as “Overdraft Privilege”.
- We also offer overdraft protection plans, such as Home Equity Line of Credit or transfers from a savings or checking account. To learn more, ask us about these plans.
What are the standard overdraft practices that come with my account?
We do not authorize and pay overdrafts for the following types of transactions:
- ATM transactions
- Everyday debit card transactions
We pay overdrafts at our discretion, which means we do not guarantee that we will always authorize and pay any type of transaction.
If we do not authorize and pay an overdraft, your transaction will be declined.
Tools to help you stay in control and avoid overdrawing your account
You can also take advantage of our online tools to help you stay in control of your account, know how much money you have to spend, and help avoid overdrafts and Overdraft or NSF Returned Item fees.
- Alerts -
Get notified when a check is deposited or when your account balance gets low. Go to the Message section of the Account List page within Online Banking.
- Online Banking -
Monitor your account balance, transfer funds, and more. Sign up for Online Banking to be able to set up Alerts.
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