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How we handle
overdrafts

A commonsense approach that's designed to help you avoid many typical overdraft situations and fees.

Overdraft Fees

Learn how each type of overdraft fee is defined and charged.

Fee Types and Amounts

Type of Overdraft Fee Amount Definition
Insufficient Funds Fee — Item Paid $35 Fee is applied when an item is paid and that transaction causes your account’s balance to be overdrawn by more than $100.00
Unavailable Funds Fee — Item Paid $0 Fee is applied when an item is paid against funds that were deposited, but not yet available for use. This fee is no longer charged.
Insufficient or Unavailable Funds — Item Returned $35 Whenever an item is presented against insufficient or unavailable funds and the decision is to return the item, this fee is assessed to the account. This fee may still apply for ANY overdrawn amount.
Sustained Overdraft Fee $35 After an account has been overdrawn by any amount (negative balance) for five (5) consecutive Business Days, a sustained overdraft fee is assessed to the account on the sixth (6th) Business Day.

Daily fee limits

  • A maximum of three (3) Item Paid Overdraft Fees may be charged to a customer account per Business Day.
  • Item Paid Fees apply only when a transaction posts and the resulting account balance is overdrawn more than $100.
  • A maximum of three (3) Item Returned fees may be charged per Business Day.
  • Item Returned Fees may be charged for any overdrawn amount.

See the following examples for how these limits apply:

Transactions Account Balance Overdraft Fees applied
Account balance starting at $60 $60  
Debit transaction of $150 ($90)  
No Overdraft Fee
(Account balance is overdrawn less than $100)
($90)  
ACH payment $15 ($105)  
Overdraft Fee
(Account balance is overdrawn more than $100)
($140) $35 – 1st time
Recurring debit card payment for $18 ($158)  
Overdraft Fee
(Account balance is overdrawn more than $100)
($193) $35 – 2nd time
Check payment $20 ($213)  
Overdraft Fee
(Account balance is overdrawn more than $100)
($248) $35 – 3rd time
ACH payment $20 ($268)  
No Overdraft Fee
(Account balance is overdrawn more than $100)
($268) Max 3 times (no fee)

Find Us

Branches across the Northeast and in Miami, Florida, plus 2,000+ ATMs.

Refer to your Product Guide and Fee Schedule for which accounts apply fees and their dollar amounts.
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