At Athol Savings Bank, we’re here to help you worry less with overdraft services you can count on!
Automatic Transfer Protection
With ASB’s Automatic Transfer Protection, you can avoid the expense and embarrassment of overdrawing your checking account. If your checking account is overdrawn, you can have funds automatically withdrawn from your statement savings account to cover the difference.
- Funds can be automatically transferred from your statement savings account to cover checks, automatic withdrawals, ATM, or point-of-sale transactions; any transaction that overdraws the account will be covered, including bank-assessed fees.
- You will receive notification by mail that funds were transferred.
- Transfer fee applies.
Overdraft Protection Line of Credit
With ASB’s Overdraft Protection Line of Credit, qualified borrowers are provided with a personal revolving line of credit. Access your line of credit by check, automatic withdrawal, ATM, or point-of-sale transactions. Any transaction that overdraws the account will be covered, including bank-assessed fees, up to your available credit limit. Interest is paid on the outstanding balance, instead of incurring costly overdraft fees.
With Overdraft Protection tied to your ASB checking account, you never have to worry about insufficient funds.
- Minimum loan amount: $100
- Maximum loan amount: $1,000
- Annual fee applies.
Click here to apply
Discretionary Overdraft Privilege
For our valued ASB customers, we have the discretion to cover your overdrafts as outlined in our Discretionary Overdraft Privilege disclosure, should you inadvertently overdraw your account.
Discretionary Overdraft Privilege is not a line of credit. Fees charged for covering overdrafts, as well as the amount of the overdraft item, will be subtracted from the Discretionary Overdraft Privilege amount as items are paid. It may be possible that your ASB account will become overdrawn in excess of the Discretionary Overdraft Privilege amount as a result of the assessment of a fee.
At Athol Savings Bank, we’re here for you! If you’ve got questions, we’ve got answers.
We’re here to discuss your questions, suggestions, and concerns at your convenience; and, we always look forward to talking with you. Contact us today!