Notice to our Online, Mobile, and Phone Banking Customers: These banking services will be unavailable starting Sunday, March 8 at Midnight through 2:30 am in order to conduct regular system maintenance.
We apologize for any inconvenience.
Overdraft Protection Credit Line
Apply for this service, and if approved, you will be granted a Line-of-Credit loan that can be used to cover your overdrafts.
How Does the Overdraft Protection Credit Line Work?
If your checking account becomes overdrawn, we will automatically pay up to the amount of your predetermined credit limit. The funds will be transferred from your credit line in increments of $50.00 to cover your overdraft.
How Do I Repay the Credit Line?
Personal Credit Line
The payment due date on your account will be 24 days after your checking account and overdraft line of credit statement date. This payment will be automatically deducted from your checking account on your due date. You may make additional payments on this account at anytime.
Business Credit Line
The payment due date on your account will be 15 days after your checking account and overdraft line-of-credit statement date. You may make additional payments on this account at anytime.
Is There a Fee for This Service?
Yes, there is an annual fee of $25.00 for personal accounts and $50.00 for business accounts, which will be charged to your checking account automatically each year.
In addition, you will be charged interest on the amount of money borrowed through your credit line. Current interest rates will be provided at the time you apply for the Overdraft Protection Credit Line.
If you happen to exceed your Overdraft Protection Credit Line limit, your checking account will be considered overdrawn and may result in items being returned to the payee. You will also be charged our normal non-sufficient funds fee of $32.00 for each item.
How Do I Sign Up for This Service?
You must first complete a credit application and be approved for this service since the Overdraft Protection Credit Line is a loan. Once approved, a credit line note will be prepared and will require the signature of all owners on the account. Once signed and implemented, you will have ongoing access to your credit line.
Are There Any Other Requirements?
To qualify for an Overdraft Protection Credit Line to be tied to your checking account, you must meet our normal credit standards as you are applying for a loan.