Personal Overdraft Line of Credit
A personal Overdraft Line of Credit is a convenient way to ensure protection against checking account overdrafts and to eliminate costly overdraft fees.
Features & Benefits:
- Unsecured open-end revolving credit line
- Fixed Annual Percentage Rate
- Line amounts range from $500 up to $10,000
- The minimum transfer amount is $50
- Monthly payments of principal plus interest are deducted automatically from the protected checking account on the tenth day after the statement date
- No annual fee
- A $10 cash advance fee is charged for each transfer that is made
