Additional Services >> Overdraft Protection Transfer

Overdraft Protection Transfer

With Overdraft Protection Transfer, we will use your own money to protect your checking account from overdrafts. We will automatically transfer money from your Harvard Savings Bank savings account or deposit account to your checking account in order to protect your checking account from an overdraft.

You avoid paying an overdraft fee and avoid the embarrassment of returned checks

Here's how it works:

• We link your savings, money market or another checking account to your Primary checking account.
• If you overdraw your Primary checking account, we transfer available money from your deposit account to your checking account to cover the overdraft.
• There is no limit to the number of checks presented in a day; as long as the money is available in your deposit account, we'll transfer the money to cover the overdrafts.
• The cost is $10 per transfer when an overdraft occurs.