Standard Overdraft Practices:
This service automatically comes with your checking account and covers checks and electronic payments. It does not cover ATM or one-time debit card transactions. If we do not authorize and pay an overdraft, your transaction will be declined.
What fees will I be charged if American Savings Bank pays my overdraft?
Under our standard overdraft practices:
- We will charge you a fee of $30 each time we pay an overdraft.
Business ProTecLine Overdraft Protection1
This line of credit can be used to pay for emergency expenses or to protect your American Savings Bank business checking account against overdrafts. An annual fee and finance charges on the outstanding balance apply. This program is subject to credit approval.
Savings Overdraft Transfer2
Links your Biz Statement Savings or Biz Tiered Savings account to your checking account. Money in your savings account can cover overdrafts on your checking account. There is a savings overdraft transfer fee of $10 per transfer. Biz PlusSM checking accounts enjoy a fee discount while Biz DeluxeSM checking accounts have their fee waived.
- Subject to credit approval and an annual fee.
- Regulatory transfer limits apply and a fee is imposed on the checking account for transfers made. There is no annual fee.