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Overdraft Coverage

Put the right protective gear on your accounts

We understand unexpected overdrafts can occur from time to time.  Ask about overdraft standard and extended coverage - it’s protection for your checking account and debit cards.

Overdraft Coverage Options

Overdraft Protection

Overdraft Protection applies to all transactions and may help prevent overdrafts by automatically transferring funds to your checking account from another account or line of credit you may have at MCNB Banks for a fee or finance charge. Please note that overdraft lines of credit are subject to credit approval.

Overdraft Privilege

Overdraft Privilege allows you to overdraw your account up to the disclosed limit for a fee to pay a transaction. Even if you have Overdraft Protection, Overdraft Privilege is still available as secondary coverage if the other protection source is exhausted.

Transactions Covered with Overdraft Privilege

Standard Coverage
(No action required)

Extended Coverage
(Your consent required

on consumer accounts)*

Checks

X

X

ACH - Automatic Debits

X

X

Recurring Debit Card Transactions

X

X

Online Bill Pay Items

X

X

Internet Banking Transfers

X

X

Telephone Banking

X

X

Teller Window Transactions

X

X

ATM Transactions

N/A 

X*

Everyday Debit Card Transactions

N/A  

X*

*If you choose Extended Coverage, ATM transactions and everyday debit card transactions will be included with the transactions listed under Standard Coverage. If you already have Overdraft Privilege Extended Coverage, it is not necessary to request it again. Business accounts automatically have Extended Coverage.

You can discontinue Overdraft Privilege in its entirety by contacting us.

The choice is yours.

Consider these ways to cover overdrafts:

Service

Cost

Overdraft Protection Link to Another Deposit Account you have at MCNB Banks1

 No fee per transfer

Overdraft Protection Line of Credit1,2

 Subject to interest

Overdraft Privilege

 $35 Overdraft Fee per item presented*

1Call us at 800-532-9553, email us at mybank@MCNBbanks.com, or come by a branch to sign up or apply for these services;
2Subject to credit approval.
*Per item presented means each time an item is presented, including representment.