Business Overdraft Consideration 

Our overdraft consideration¹ allows us to consider authorizing and paying your check, ACH, automatic bill payment, ATM and debit card transactions into overdraft.

Transaction Processing

We pay overdrafts at our discretion, which means we do not guarantee that we will always authorize and pay any type of transaction. Even if we pay your account into overdraft, we maintain the right not to do so at any other time. If we do not authorize your transaction, it will generally be declined and may not be paid into overdraft. Once you have overdrawn your account, you must bring it to a positive balance as soon as possible to avoid additional fees.

Benefits

• This service allows us to automatically consider paying your checks, ACH and automatic bill payment items into overdraft so you may avoid the inconvenience and expense associated with the merchant’s returned check fee.
• With your ATM and debit card transactions, this service allows us to consider authorizing and paying these items into overdraft so you can avoid the hassle and embarrassment of having the transaction declined at the point of sale.

Fees

• Overdraft/NSF Fee: $36 per item
• Sustained Overdraft Fee²: $36

Combine with Overdraft Protection Plans

Our overdraft consideration works with our Overdraft Protection Plans, such as overdraft coverage from another business savings or business checking account or from a Business Line of Credit, and allows us to consider authorizing and paying NSF items into overdraft when the NSF Item(s) cannot be fully covered by the overdraft protection plan.