Get to Know Us

Get to Know Us!

What makes our bank so different from the others.

Overdraft Services

What You Need to Know about Overdrafts and Overdraft Fees

Personal Accounts

An overdraft occurs when you do not have enough money in your account to cover a transaction, but we pay it anyway. We can cover your overdrafts in two different ways:

  • We have standard overdraft practices that come with our accounts. Includes fee of $29 per item - maximum 6 per day.
  • We also offer overdraft protection plans, such as a link to a savings account or an overdraft line of credit which may be less expensive than our standard overdraft practices.

What are the standard overdraft practices that come with my account?

We do authorize and pay overdrafts for the following types of transactions:

  • Checks and other transactions made using your checking account number
  • Automatic bill payments

We do not authorize and pay overdrafts for the following types of transactions unless you ask us to (see below):

  • ATM transactions
  • Everyday debit card transactions

We pay overdrafts at our discretion, which means we do not guarantee that we will always authorize and pay any type of transaction. If we do not authorize and pay an overdraft, your transaction will be declined.

What fees will I be charged if Security Bank pays my overdraft?

Under our standard overdraft practices:

  • There is a $29 charge per item each time we pay an overdraft on personal accounts.

What if I want Security Bank to authorize and pay overdrafts on my ATM and everyday debit card transactions?

If you want us to authorize and pay overdrafts on ATM and everyday debit card transactions, contact us or call us at (888) 303-8298.

The amount of any overdraft, including fees that you owe us shall be due and payable within 30 days.

If you have previously opted-in to our overdraft services to pay overdrafts on your ATM and debit card transactions and would like to opt-out of that now, please call our Customer Care Department at 888.303.8298.

What are lower-cost alternatives to the overdraft protection plan?

Review these products or services for lower-cost alternatives:

  • Personal Line of Credit
  • Personal Savings - ask about a sweep from another Security Bank account to cover overdrafts (certain account types have transaction limitations; speak to a Customer Service Representative to determine where transaction limitations apply).

Click here for information to help you avoid overdraft and bounced-check fees.

Business Accounts

Protect your company's checking accounts and sleep easier at night with overdraft protection. We can pay the overage so your payments go through anyway.

Your business checking account comes with overdraft coverage for checks, automatic bill payments and debit card transactions.

  • Eliminate merchant NSF charges
  • Get additional peace of mind
  • $32 charge per item
  • Checks, automatic bill pay and debit card charges covered automatically

Link to your Savings

You can also protect your business checking account by linking it to your business saving account.

*We pay overdrafts at our discretion, which means we do not guarantee that we will always authorize and pay any type of transaction. If we do not authorize and pay an overdraft, your transaction will be declined. There is no limit on the total fees we can charge you for overdrawing your account.


The amount of any overdraft, including fees that you owe us shall be due and payable within 30 days.