We can provide help when an oversight causes you to overdraw your account.
Unanticipated expenses can leave your account lacking the money you need to cover expenses, but Overdraft Privilege automatically provides funds in this event. It's a convenient service that provides peace of mind and account protection.
- Available to you at no cost, unless you use the service*
- Get overdraft protection ranging from $300 to $500, depending on the type of checking account you use
- Avoid the hassles, costly fees and credit score damage that accompany returned checks and declined payments
- Bring your account back to a positive end-of-day balance within 30 days to remain eligible for the service
Service is provided at the discretion of Ives Bank and is available only to customers over the age of 18 whose accounts are in good standing.
Click here to view the brochure for more details.
*You will be assessed our insufficient funds charge of $35 for each overdrawn item created by a traditional paper-based check, a teller withdrawal, an automatic payment (ACH) transaction or a recurring debit card payment.
A $35 overdraft privilege fee applies to ATM transfers or withdrawals and everyday debit card purchases, if you have “Opted In” to including those in the program.
The amount of any overdraft, including the $35 insufficient funds fee for each transaction including ATM and everyday debit card transaction, if applicable, shall be due and payable upon demand, but no later than 30 calendar days after the creation of the overdraft.