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Overdraft Privilege |
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We've got you covered…
In this fast-paced world of balancing family, work and play the last thing you want to worry about is your checking account. Sure you're meticulous about your checkbook…balancing it, logging all of your debit receipts, paying your bills on time, etc. Sometimes we get so caught up in our day to day life that mistakes happen. Maybe you made an addition or subtraction mistake in your checkbook. At Riverfront we realize that mistakes happen. That's why we want to let you know….we've got you covered. Riverfront now offers a new service called Overdraft Privilege.
What is Overdraft Privilege?
Overdraft privilege is a service to eligible members that protects them from having their checks returned due to insufficient funds in the event of an unintentional overdraft of their account.
How it works
A member is given a predetermined limit based on certain criteria. The limit given to a member will be either $300, $500 or $750. Should you overdraft your account for any reason, Riverfront will cover your drafts up to your designated limit. Although there is no charge to carry Overdraft Privilege on your account our normal non-sufficient funds charge will apply to each item.
What's the benefit?
Peace of mind. Overdraft Privilege will save you from the embarrassment and inconvenience of a returned check as well as the fee normally charged to you by a merchant for checks returned to them.
To learn more about this valuable program contact a Financial Service Representative.
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