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Overdraft Protection Plans | First Bank

Protect Yourself in the Event of a Mistake

Occasionally it happens - you forget to record a transaction or you miscalculate a balance.  Overdraft Protection is designed to help you in times of need.  First Bank offers the following Overdraft Protection options:

Overdraft Transfer
Overdraft Transfer uses funds from up to two separate checking, savings or money market accounts to fund your checking account if it becomes overdrawn. 

Preferred Credit
Preferred Credit is a fixed-rate, unsecured revolving line of credit that is accessible through your checking account when the account is overdrawn. An automatic funds transfer occurs to protect your account should it become overdrawn.

Overdraft Privilege
Overdraft Privilege authorizes First Bank to pay certain transactions presented against an insufficient checking account balance. You must opt in if you would like First Bank to pay ATM withdrawals and everyday debit card transactions. There is a fee associated with this service.

First Bank's regular NSF fee ($35.00) applies to each paid check/debit transaction and is limited to a maximum of five per day which is the same fee that First Bank charges for items drawn against insufficient funds and returned to the payee.  If your account is overdrawn $5.01 or more for 10 or more consecutive days, we may assess a one-time overdraft fee of $40.00.

If your account is overdrawn $5.01 or more for 10 or more consecutive business days, we may assess a one-time overdraft fee of $40.00.  Insufficient fund charges are limited to a maximum of five per day.

Frequently Asked Questions

  • Overdraft Transfer - Check, ACH, bill payment, transfer, in-person withdrawal, one-time recurring debit card payments, ATM withdrawals.
  • Preferred Credit - Check, ACH, bill payment, transfer, in-person withdrawal, one-time recurring debit card payments, ATM withdrawals.
  • Overdraft Privilege - Check, ACH, bill payment, transfer, in-person withdrawal, recurring debit card payments (For ATM withdrawals and everyday debit card transactions to be paid, you'll need to provide us authorization through our opt-in process.

Terms and Conditions

Savings and Money Market accounts are subject to Federal Regulations which limit transactions.  Please refer to the Deposit Account Information Brochure for more information.  First Bank will have the discretion to pay overdrafts within the Overdraft Privilege limit, but payments by First Bank is a discretionary courtesy and not a right of the customer or an obligation of First Bank to create an agreement or course of dealing on our part to allow overdrafts on any occasion.  For ATM withdrawals and everyday debit card transactions to be paid, you’ll need to provide us authorization through our Opt-in process.