What are the fees associated with Overdraft Protection Plans?

Automatic transfers made from the HandyLine to the designated checking account incur a $10 transfer fee which is assessed to the covered account on the next business day. There is no transfer fee if funds are proactively transferred in anticipation of an overdraft situation. There is also no fee if the transfer only reduces the amount of the overdrawn balance and does not provide full coverage of the overdraft.

There is no transfer fee on transfers from another checking, savings, Money Market, Preferred Line of Credit or Home Equity Line of Credit, whether automatically made or proactively transferred in anticipation of the overdraft.

Interest may accrue on outstanding balances maintained in the HandyLine, Preferred Line of Credit and Home Equity Line of Credit.