Overdraft Protection by Linked Account
- Links checking account with another checking or a statement savings account (not CDs or Passbook Savings).
- Avoids bounced check fees and hassles.
- Funds transferred automatically.
- Small fee per individual transfer.
- Covers transactions with an ATM/Debit Card or ATM Card.
- Overdraft Protection transfers count toward the maximum six per statement cycle allowed by federal regulations.
- Alternative to Overdraft Line of Credit.