Overdraft Protection Options

Cuple holding laptop and tablet, smilingAt C&F Bank, we offer several options to cover your account in case you should accidentally overdraw your checking account. Options will be discussed with you at account opening.

Overdraft Privilege

Save merchant charges by using Overdraft Privilege to cover your overdrafts so that your checks, debit card transactions, automatic payments and ATM withdrawals are paid.

  • We will charge you a fee¹ of up to $35 each time we pay an overdraft.
  • An additional overdraft charge fee will be assessed to your account every time that your account is continuously overdrawn for 5 consecutive business days.
  • You will not be charged for more than 10 items per day, up to a maximum of $290.00. There is no per item overdraft fee when your account is overdrawn by $3.00 or less at the end of our business day.
  • Overdraft Privilege is a discretionary service.

Overdraft Protection Transfers

You have the option to link your eligible C&F account to your primary checking account in the event of an item presented against non-sufficient funds. One transfer will be made at the end of each banking day to cover any items presented against non-sufficient funds. Transfer fees apply. Transaction limits and excess withdrawal fees apply to savings accounts.

Easy Access Line of Credit²

This line of credit advances money into your account each day to cover items presented against non-sufficient funds. Transfer fees apply.

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¹The fee applies to overdrafts created by check, in-person withdrawals, ATM withdrawals, or other electronic means. Overdraft fees apply to transactions created by check, in-person withdrawal, internal transfer, or other electronic means. Overdraft fees will not be imposed on ATM withdrawals or one-time debit card items unless the account has opted-in. To remain in good standing, you must bring your account balance to a positive balance within every thirty (30) day period for a minimum period of 24 hours. We reserve the right to require you to pay an overdraft immediately or on demand.

²Subject to credit approval