How does overdraft protection work?
Farmers Bank customers with accounts in good standing can use overdraft protection to cover checks that otherwise wouldn’t clear the bank. The amount of overdraft protection depends on the type of checking account you have. You can also link your Farmers Bank savings account to your checking account so that, if needed, money will be automatically transferred from savings to checking to cover a check.
By linking your checking account to a savings account or line of credit, increments of $300 will automatically be moved into your checking account to cover any negative balances. There is a transfer fee for each occurrence that results in funds being transferred. The account linked must be a Sterling State Bank account.
Regions offers Overdraft Protection for most personal checking accounts. By linking your checking account to your Regions personal credit card, Regions personal line of credit, Regions savings account, or Regions money market account, increments of $100 will automatically be moved into your checking account if your checking account balance needs funds to cover items presented for payment. There is a transfer fee for each occurrence that results in funds being transferred. Fees are assessed to the checking account.
