How does your Overdraft Protection compare to what other banks offer?
Most banks offer 2 options for overdraft protection: a “pay-per-use” option and a monthly set-fee option. We believe that you shouldn’t have to pay for the coverage if you don’t use it, which is why our Overdraft Protection won’t charge you a monthly fee, unless you use the coverage.
Interest on our Overdraft Protection is 19.00%, which is on the low end of what banks typically charge. Other banks charge up to 22% in overdraft interest. In addition, we won’t charge you more than a $5.00 fee per month if you use the coverage.