Our two Business Overdraft Protection options can provide you the security of knowing your checks and automatic debits are covered when there's not enough money in your checking account:
- Overdraft Protection* (Sweep) - Transfers money from one business account to another to pay outstanding checks and debits in increments of $100. This is up to the available balance of your account.
- Overdraft Protection Line of Credit** This is an unsecured revolving line of credit that's linked to your checking account to cover overdrafts.
What it pays:
What it costs:
- There is no fee for an Overdraft Protection transfer, however interest is charged on an Overdraft Line of Credit.
*Federal regulations limit the number of the following types of withdrawals and transfers from a savings account to a total of six (6) each month: electronic debits, checks, automatic or pre-authorized transfers, online or telephone withdrawals.
**Subject to credit approval. See Consumer Loan Rates for more information.