Overdraft Protection
Instant Cash Overdraft Protection
This credit line provides a pre-approved line of credit of at least $100 attached directly to the client’s personal checking account. If the checking account is overdrawn, the credit line supplements the account in increments of $100 to cover the overdraft. The current Annual Percentage Rate is 17%. Interest accrues on the unpaid balance of the loan starting from the day it is activated.
- Instant Cash provides a ready cash reserve for unexpected needs.
- Instant Cash helps avoid embarrassing check returns and check return charges.
- Instant Cash lets you take advantage of special sales without going to the bank…your loan is already approved!
- With Instant Cash there is no charge if the service is not used.
To set up Overdraft Protection on your account, please contact us at any of our banking locations.
