Overdraft Protection

Peoples First offers Overdraft Protection on our checking accounts for peace of mind and convenience. Your savings account will act as overdraft. In the event that charges exceeding your available balance are presented to your checking account, your checks and charges will be paid and the money will simply be deducted from your savings account or MasterCard.

Here are some of the benefits of Overdraft Protection. Once you sign up, you will see the value yourself.

• Eliminates the embarrassment and cost of NSF checks
• No more worrying about transferring funds to cover a check

How It Works

Your checks, withdrawals, pre-authorized payments and automatic payment purchases will be honored for more than the balance in your account to a maximum of the available balance in your Peoples First Consumers Bank Savings account or MasterCard. Peace of mind was never this easy.

• No monthly fee
• Available on most checking and savings accounts

Using your Overdraft Protection

Using your OP has never been easier. Once you sign up, Peoples First does the work. In the event that a withdrawal, pre-authorized or automatic payment of check is presented to the bank for payment and the total exceeds your available balance, Peoples First will honor the payment and deduct the total from your Savings Account or MasterCard. - It's that easy. You do not have to do a thing!

Upon signing up for the Overdraft Protection offered by Peoples First Community Bank, you will need to select if you would like your Peoples First Savings account or MasterCard to be used.

Frequently Asked Questions

What are the charges associated with Overdraft Protection?
There are no monthly charges with Peoples First. There is a charge of $5 each time the service is utilized. This fee is waived for Prime 55 accounts.

How much money is deducted from my Savings Account or MasterCard?
In the event that the Overdraft Protection will need to be used, the exact amount will be transferred to cover the charges that need to be paid.

What happens if funds are not available in my Savings Account or MasterCard?
This is an important topic. If funds are not available in your Savings Account or MasterCard, a sweep will not be made and the items will be returned to Payee. Your account will also incur NSF charges for each of the charges.

What account are the charges applied to?
The $5 sweep fee is always charged to the savings account. The charges will be deducted from your account the same day the transaction took place.