Overdraft Coverage
We have options to help cover unexpected overdrafts
We understand that unexpected overdrafts can happen from time to time. That's why we offer three overdraft options. You can select which options work best for you.
| Service | Cost/Limitations |
|---|---|
| Overdraft Privilege Protection: Link your checking account to your savings account | No fee per transfer |
| Line of Credit | Finance charges, subject to credit approval |
| Courtesy Pay | $35 Courtesy Pay fee per overdraft |
Overdraft Privilege Protection and a Line of Credit
These solutions apply to all transactions and may help prevent overdrafts by automatically transferring funds to your checking account from another account or line of credit. Please note that lines of credit are subject to credit approval, finance charges and fees.
Courtesy Pay
Courtesy Pay allows you to overdraw your account up to the disclosed limit for a fee in order to pay a transaction. Even if you have overdraft protection, Courtesy Pay is still available as secondary coverage if the other protection source is exhausted.
We offer Standard Courtesy Pay and Premium Courtesy Pay options. Premium Courtesy Pay provides coverage for ATM withdrawals and debit card transactions. The chart below provides an overview of our two Courtesy Pay options.
To update your Courtesy Pay settings using your desktop, log in to Digital Banking and go to Account Services > Courtesy Pay. From there, scroll down to review your eligible accounts and select Opt In or Opt Out. Please be sure to review the Courtesy Pay Disclosure before completing your selection.
To update your Courtesy Pay settings in the mobile app, log in to Digital Banking and tap More from the bottom menu. Then choose Account Services followed by Courtesy Pay. Once there, scroll down to review your eligible accounts and select Opt In or Opt Out. Please be sure to review the Courtesy Pay Disclosure before completing your selection.
| Transactions Covered with Courtesy Pay | Standard Courtesy Pay(No action required) | Premium Courtesy Pay(Your consent is required) |
|---|---|---|
| Checks | x | x |
| ACH automatic debits | x | x |
| Recurring debit card payments | x | x |
| Bill Pay items | x | x |
| Teller window transactions | x | x |
| ATM Transactions | x | |
| Debit card transactions | x |
If you would like to select Premium Courtesy Pay for future transactions, call us at 301.779.8500, complete the Consent Form for Overdraft Services, or visit any branch.
Please note that you can discontinue the Courtesy Pay service in its entirety by contacting us at 301.779.8500 or visiting any branch.
View the Courtesy Pay disclosure.
Prepare for life's unexpected expenses.
- Start with a small goal to cover minor unexpected expenses, then work towards 3-6 months of living expenses
- Set up automatic transfers from your checking account to your savings account on payday
- Keep your emergency fund in a separate savings account, so you're not tempted to dip into it
- Review and adjust your emergency fund goal annually as your finances change
- Consider your job stability and household situation when determining your target amount
Frequently Asked Questions
Eligible accounts are determined by our core banking system and your account permissions. In Digital Banking, the Courtesy Pay widget displays each eligible account along with your current enrollment status.
On desktop:
- Sign in and go to Account Services → Courtesy Pay.
- Review the program information and click See More to expand details.
- For each eligible checking account, choose Opt In or Opt Out.
- For each eligible checking account, choose Opt In or Opt Out.
