Business Overdraft

Business Overdraft Pass®

Small overdrafts get a pass. No Overdraft Fee will be charged on any overdraft item of $5 or less or when your account is overdrawn and the total overdrawn amount at the end of the same business day is $5 or less. Business Advisor Checking has coverage of $10 or less. No need to enroll.

Overdraft Line of Credit

This overdraft solution links your business checking account to your business credit line. Funds up to $10,000 are automatically transferred from your Overdraft Line of Credit to cover your ATM withdrawals, debit card purchases, checks, and online bill payments when you don't have the necessary available balance in your checking.

Borrowing limits - up to $10,000

Payment options -
Entire balance if under $20
OR
Pay the greater of two amounts:

• 2% of current balance
• $20

Costs*:

• $30 annual fee¹
• $12 transfer fee per day for each day a transfer(s) occurs
• Interest on outstanding balances

Savings Overdraft Transfer

With Savings Overdraft Transfer, your business checking account is linked to your business savings account. Funds are automatically transferred at no cost from your savings account to your checking account to cover ATM withdrawals, debit card purchases, checks, and online bill payments when you don't have the necessary available balance in your checking account. There is no fee for the Savings Overdraft Transfers.