Avoid the inconvenience of overdrawing our bank account. Now you can, because we have you covered. Our Payment Protection program provides a convenient way to avoid the inconvenience of overdrawing your account or having an item returned for insufficient funds.
Just add Payment Protection to any checking account by linking it to a statement savings or money market account. Funds will automatically be transferred (subject to transaction limitations by regulation1) to your checking account when the balance does not cover checks that you have written or other items (ACH or debit card transactions, for example) presented for payment on your account.
We'll do the work, and you'll avoid having your check or electronic transaction returned. Standard insufficient funds/overdraft fees are waived, but a nominal transfer fee applies.
By law, no more than six (6) third-party transfers per statement cycle are permitted.