Business Chek-Creditsm

Overdraft protection

This unsecured line of credit protects against overdrafts in your checking account.
If the balance falls below $0, funds are automatically transferred from a pre-approved credit line ($1,000 - $5,000) in increments of $500.

For additional information, contact Business Banking.

Available when needed:

  • Convenient, "ready-to-use" credit
  • No collateral required
  • Use as often as needed, up to individual credit limit
  • Minimum payments of interest plus 25% of outstanding principal balance are automatically deducted from checking account monthly
  • Annual fee of $100
  • Variable interest rate of Prime + 5.9%, floor of 10.9%
  • No prepayment penalty