Overdraft Protection

 

Account Coverage

Overdraft Protection* with ACCOUNT COVERAGE (Overdraft Transfer Agreement required). Use an eSavings, Statement Savings, or Select Money Market as overdraft protection for your checking account.

*By Federal regulation, transfers to another account or to third parties by preauthorized, automatic, electronic or telephone transfer or by check, draft, point of sale, debit card, or similar order to third parties, are limited to six per calendar month. An Excess Transaction Fee will be assessed on each transaction that exceeds these limits.

Overdraft Line of Credit

The embarrassment of having a bounced check is gone! With overdraft protection, funds are automatically transferred to your checking account in $50 increments to cover checks that you have written. The line is available from $200 to $2,000. Subject to credit approval.

Bounce Protection

Bounce Protection is a discretionary overdraft service requiring no action on your part that provides you a safety net up to an automatically assigned overdraft limit.

If an overdraft is approved by using your Bounce Protection limit, you may be assessed our Overdraft service charge (per item, daily limit $140) of $35 for each item created by check, in-person withdrawals, ATM withdrawals or other electronic means paid under the limit.  All negative balances must be brought positive within 30 calendar days.  QNB reserves the right not to pay if account is not kept in good standing.  Please contact a Financial Service Representative for more details.