Checking Account Overdraft Options

Palmetto Citizens offers several options to help cover a charge should you mistakenly overdraw your checking account or need access to funds in an emergency.

Overdraft Protection – An overdraft protection loan is a line-of-credit designed to protect you from non-sufficient fund and returned check fees. There is no fee when a transfer is made through online/mobile banking or in an office. A small fee is charged when an automated advance is made to cover a charge. This loan is based on creditworthiness and certain restrictions may apply.

HELOC or Money Market Option - If you have a Home Equity Line of Credit or Money Market Account with Palmetto Citizens, you can link it to your checking account to provide coverage when you overdraft your account. There is no fee when a transfer is made through online/mobile banking or in an office. A HELOC transfer fee or Money Market transfer fee is charged when an automated advance is made to cover a charge. Normal transfer limits apply to money market accounts. Visit any of our offices to link your account today.

Share Secured Overdraft Protection – If you are looking to protect your checking account from overdrafts, while building or rebuilding your credit, then a Share Secured Overdraft Protection Line of Credit may be a good option. The funds you place on deposit in a Palmetto Citizens savings account are held and used as the credit limit. As you make payments, you will build your credit and positive payment history. There is no fee when a transfer is made through online/mobile banking or in an office. A small fee is charged when an automated advance is made to cover a charge. Contact us or visit any of our offices to apply today or for more information.