Overdraft Protection
Overdraft Line-of-Credit
Overdraft Line of Credit protection can cover those times when you may need more money than you have available in your checking account. You pay interest only on the amount of the line used and avoid returned check fees. An IC Line of Credit can be set up in addition to sweeps from savings or extended overdraft privilege.
Sweep Protection
Sweep Protection is the exciting option that automatically transfers funds from other designated IC Checking and/or Savings Accounts to cover overdraft items. No matter how many items are presented, one Sweep will cover all overdraft items in any given day, for one low fee.
You must enroll, one time, in the Sweep Program. Once you have enrolled, your Sweep Protection will be automatic. There are no monthly service charges and there are no interest charges with Sweep Protection.
Extended Overdraft Privilege
Extended Overdraft Privilege will pay each overdraft item instead of returning it. You are saved additional fees charged by merchants. You avoid the hassle and embarrassment of resolving the item, and all for the same fee that other financial institutions charge you for returning the item.
