BUSINESS

Business Overdraft Protection

Business > Deposit Accounts > Business Overdraft Protection

Keep Your Business Moving When the Unexpected Happens

Even with careful financial management, an unexpected expense or accounting error can sometimes lead to an overdraft. That’s why we offer smart, flexible solutions to help you avoid declined transactions, bounced payments, and unnecessary fees—so you can focus on running your business, not your balance.

How to Reduce Overdrafts

The best way to prevent overdrafts is to monitor your account regularly using online banking, mobile banking, and account alerts. These tools help you stay on top of your business finances anytime, anywhere. But when overdrafts happen, we’ve got options to keep your business running smoothly.

Choose the Right Overdraft Solution for Your Business

Overdraft Privilege

For occasional overdrafts, Overdraft Privilege may cover checks, ACH payments, bill pay transactions, debit card purchases, ATM withdrawals, and other transactions linked to your business checking account.

Offered with most business checking accounts
Covers multiple transaction types, including debit card purchases and ATM withdrawals
Helps prevent returned payments and associated fees

What You Need to Know

Overdraft limit is based on account scoring and approval.

Fees:

No fee if your total overdrawn balance is $5 or less.
$10 per overdraft for items $20 or less.
$34 per overdraft for items greater than $20.
Extended overdraft fee of $7 per business day after the 5th business day if the account remains overdrawn.

Prefer a Lower-Cost Option?
We Offer Additional Ways to Prevent Overdrafts.

Transfer from Savings

Link your business savings account to your checking account for automatic transfers when your balance is low.

Covers overdrafts automatically when funds are available
Transfers in $25 increments
Lower-cost alternative—$10 per transfer (per day, not per item)
Best for businesses that maintain a savings cushion.

Sweep Account (Linked Accounts for Overdraft Protection)

Automatically sweep funds from another deposit account to cover overdrafts.

Flexible option for businesses with multiple accounts
Avoids per-item overdraft fees
Transfers occur automatically when needed

Visit a branch or contact us to set up a sweep account.

No Overdraft Protection

If you choose not to enroll in any protection, here’s what happens when you don’t have enough funds:

Checks, ACH payments, and bill pay transactions are returned as Non-Sufficient Funds (NSF), and a fee is assessed.
Everyday debit card and ATM transactions are declined.

NSF Fees:

No fee if the total overdrawn balance is $5 or less.
$10 per NSF item for transactions $20 or less.
$34 per NSF item for transactions greater than $20.
$7 per business day extended overdraft fee after the 5th business day if the account remains overdrawn.

Choose the Right Overdraft Solution for Your Business

Overdraft Privilege

Offered with most business checking accounts
Covers multiple transaction types, including debit card purchases and ATM withdrawals
Helps prevent returned payments and associated fees

What You Need to Know:

Overdraft limit is based on account scoring and approval.

Fees:

No fee if your total overdrawn balance is $5 or less.
$10 per overdraft for items $20 or less.
$34 per overdraft for items greater than $20.
Extended overdraft fee of $7 per business day after the 5th business day if the account remains overdrawn.

Transfer from Savings

Prefer a Lower-Cost Option? Link your business savings account to your checking account for automatic transfers when your balance is low.

Covers overdrafts automatically when funds are available
Transfers in $25 increments
Lower-cost alternative—$10 per transfer (per day, not per item)
Best for businesses that maintain a savings cushion.

Sweep Account (Linked Accounts for Overdraft Protection)

Automatically sweep funds from another deposit account to cover overdrafts.

Flexible option for businesses with multiple accounts
Avoids per-item overdraft fees
Transfers occur automatically when needed
Visit a branch or contact us to set up a sweep account.

If You Opt Out of Overdraft Coverage

If you choose not to enroll in any protection, here’s what happens when you don’t have enough funds:

Checks, ACH payments, and bill pay transactions are returned as Non-Sufficient Funds (NSF), and a fee is assessed.
Everyday debit card and ATM transactions are declined.

NSF Fees:

No fee if the total overdrawn balance is $5 or less.
$10 per NSF item for transactions $20 or less.
$34 per NSF item for transactions greater than $20.
$7 per business day extended overdraft fee after the 5th business day if the account remains overdrawn.

Take Control of Overdrafts Today

Choosing the right overdraft solution helps protect your business finances and reputation. To enroll, call or stop by the branch nearest you or contact us to get started.

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