Overdraft Protection

Overdraft Protection automatically protects you from the inconvenience and expense of returned checks, giving you less to worry about. Should your checking account go into a negative balance, funds from the overdraft protection option you choose are automatically transferred into your checking account.

  • Minimizes overdraft fees
  • Avoid accidental overdrafts
  • Minimizes the inconvenience of returned checks

 

 
 

Advantage Community Bank

Notice of Changes in Temporary FDIC Insurance
Coverage for Transaction Accounts

All funds in a "noninterest-bearing transaction account" are insured in full by the Federal Deposit Insurance Corporation from December 31, 2010, through December 31, 2012. This temporary unlimited coverage is in addition to, and separate from, the coverage of at least $250,000 available to depositors under the FDIC's general deposit insurance rules.
The term "noninterest-bearing transaction account" includes a traditional checking account or demand deposit account on which the insured depository institution pays no interest. It also includes Interest on Lawyers Trust Accounts ("IOLTAs"). It does not include other accounts, such as traditional checking or demand deposit accounts that may earn interest, NOW accounts and money-market deposit accounts.
For more information about temporary FDIC insurance coverage of transactions accounts, visit www.fdic.gov.


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