Personal Banking

Overdraft Coverage Options

The choice is yours. Consider these ways to cover overdrafts:

  • Overdraft Protection Link to Another Marine Bank Deposit Account. Cost is $5.00 per transfer.
  • Overdraft Protection Line of Credit, subject to credit approval. Subject to fees + interest.
  • Overdraft Privilege. $30.00 Overdraft Fee per item.

To request or apply for any of these services::

Overdraft Protection services apply 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 Marine Bank for a fee or finance charge. Please note that overdraft lines of credit are subject to credit approval.

Overdraft Privilege allows you to overdraw your account up to a disclosed limit for a fee in order to pay a transaction.

Overdraft Privilege Coverage

Standard Coverage (No action required)

Extended Coverage (Consent required*)

Checks

x x
ACH - Auto Debits x x

Recurring Debit Card Payments

x x
Online Bill Pay Items x x
Internet Banking Transfers x x
Telephone Banking x x
Teller Window Transactions x x
ATM Withdrawals   x
Everyday Debit Card Transactions   x

* If you choose Extended Coverage, ATM withdrawals and everyday debit card transactions will be included with the transactions listed under Standard Coverage.

You can discontinue Overdraft Privilege in its entirety by calling us at (217)726-0660 or e-mailing us at accountsupport@ibankmarine.com.

PDF Document Read more about Overdraft Privilege.
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Continue for Extended Coverage Consent form »