Home Personal Banking Business Banking Loans Services Overdraft Services Whether you have incurred unexpected expenses or made an addition error, we understand that sometimes things happen. To help, we offer two different Overdraft Services. Overdraft Protection Transfer Overdraft Allowance Have you ever been overdrawn in your checking account because you have forgotten to transfer money? Overdraft Protection Transfer will automatically transfer funds from your HNB savings or secondary checking account to your overdrawn checking to prevent an overdraft and overdraft fees. This service requires prior set up and the transfer will be made for your predetermined amount. Exact Amount – The exact amount of the overdraft will be transferred from the savings account to the checking account which will result in a zero balance in the checking account. Incremental Amount – You can designate the increment of dollars to transfer. As long as there is a sufficient amount in the account from which you are transferring, multiples of the chosen amount will be transferred to cover the overdrawn balance in the checking account. Example of Overdraft Protection Transfer Amounts Incremental Transfer Amount Overdrawn Balance ($73.82) Overdrawn Balance ($174.15) Overdrawn Balance ($514.66) Exact Amount $73.82 $174.15 $514.66 $25.00 $75.00 $175.00 $525.00 $50.00 $100.00 $200.00 $550.00 $90.00 $90.00 $180.00 $540.00 $125.00 $125.00 $250.00 $625.00 $140.00 $140.00 $280.00 $560.00 $200.00 $200.00 $200.00 $600.00 $250.00 $250.00 $250.00 $750.00 There is a $5.00 fee for an Overdraft Protection Transfer. The total amount of fees for the month will be deducted from your checking account balance at the end of the month. In addition, an Overdraft Protection Transfer will also be considered a withdrawal from your savings account which will incur a $1.00 excessive withdrawal fee for more than three total withdrawals from a savings account in one calendar month. Per Reg D, an Overdraft Protection Transfer is a “limited” transaction. There may not be more than a total of six limited transactions during a calendar month. Additional information regarding Reg D is available from HNB upon request or on our website under Personal Accounts >Savings. If there are not sufficient funds in the savings account to cover the balance needed in the checking account, a transfer will be made for the amount in the savings account, leaving the checking account overdrawn. To add this service to your account, you must sign an Overdraft Protection Transfer Agreement to give us authorization to make this type of transfer. You will also need to indicate the amount that you want to have transferred – either the exact amount of the overdraft or the increment of dollars for the transfer. You can see a Customer Service Representative to sign up for this or print Overdraft Protection Transfer Agreement and send it to us by fax or mail. For detailed information, read the Overdraft Protection Transfer Brochure. HNB Information Forms & Disclosures Helpful Links Contact Us Change of Address Form Financial Calculators Cut-Off Times Disclosures Financial Education & Tools eStatements Rates & Fees Copyright © Home National Bank About Us Applications Report Lost/Stolen Cards Terms of Use Privacy Policy