At First Command we encourage responsible financial management, but we recognize that there are times when you need some flexibility. That’s why we offer two types of overdraft plans: The Overdraft Protection Program and Coverdraft. An overdraft occurs you don’t have enough money in your account to cover a transaction, and we pay it anyway (fees apply). The Overdraft Protection Program provides an Approved Overdraft Limit of $500. The Overdraft Protection Program is not available on the Money Market Savings account or First Checking or Savings accounts. Coverdraft automatically transfers funds directly from another First Command Bank Deposit account when there are insufficient funds in your checking account at the time of the withdrawal/transaction. Coverdraft is not available on First Checking or First Savings accounts. Note: We reserve the right not to pay an overdraft if your account is not in good standing, if you aren’t making regular deposits or if you have too many overdrafts. To learn more about overdraft protection, please refer to the Depository Agreement and Disclosures booklet.