Business Overdraft Options
When your cash flow’s unpredictable, balancing your business’s checking account becomes a real balancing act. Our overdraft options can cover withdrawals and any checks you write when your account is low on funds. It’s the kind of protection that keeps your business running smoothly.
Compare Our Business Overdraft Options
Our overdraft options protect you from declined debit card transactions, bounced checks and overdrawing your business checking account at the ATM.
Business Overdraft Savings Account Link this to your business checking account; funds are automatically transferred to cover checking overdrafts (up to your available savings balance). | Business Overdraft Protection Line of Credit Link this to your business checking account; funds are automatically borrowed from your line of credit to cover checking overdrafts (up to your credit limit). | |
|---|---|---|
Minimum balance to avoid monthly maintenance service charge | $1001 | N/A |
Monthly maintenance service | $3 (if $100 daily balance is not maintained) | $0 |
Other fees | $2 paper statements | You pay interest on the amount borrowed (variable rate) |
Minimum opening deposit | $25 | N/A |
Disclosures
Must be 18 to establish an account.
- If at any time during the statement period your balance falls below the Required Minimum Daily Balance, you will be assessed a Monthly Maintenance Service Charge.