Checking Protection Program
Safeguard your finances against unexpected overdrafts
Rain or Shine, We've Got You Covered.
We understand that things don’t always go according to plan. Our Checking Protection Program offers a convenient line of credit to safeguard your finances against unexpected overdrafts. Enjoy peace of mind knowing you have a safety net in place, no matter what life brings.
Protecting your checking account is simple:
- Open this revolving line of credit. Eligibility is easy, ask us about enrollment.
- We’ll cover your purchases or payments—up to your qualified limit.
- You’ll pay a low $5 charge each time you access this line of credit and funds will be transferred to your account to ensure the payment is made.
- An automatic payment will be set up to repay the amount used on the line of credit at 14.00% APR*
Protecting your account through the Checking Protection Program may be less expensive than standard overdraft practices.
Frequently Asked Questions
The Checking Protection Program covers anywhere between $500 and $1,500 in increments of $50 to cover your overdraft(s). The exact amount is based on deposit activity in your checking account over the past 60 days.
Members must be age 18 or older and have a consumer checking account in good standing to qualify. Business accounts do not qualify.
There’s no cost to enroll in the program. However, if you overdraw your account you’ll incur a $5 charge per transfer and you’ll pay 14.00% interest for the borrowed amount.
Payments are due on the 25th of each month and will be automatically deducted from your account so you don’t have to worry about remembering to make your payment.
No, a credit check is not required. However, we report this line of credit to the credit bureaus.
Yes, you can cancel at any time. Just reach out and we’ll get you a form to sign to no longer be enrolled in the program.