In Online Banking you can now update your Overdraft Transfer Settings for your Checking account. In the Account Summary pages select the dollar icon next to Checking account (see image below).

Account Summary page which display Overdraft Transfer Settings icon

Drag and drop the accounts you wish to have used for overdraft transfer to the box on the right from top to bottom. The accounts will be drawn from in the order in which they are listed (see image below).

Overdraft Transfer Settings for Checking Account

Overdraft transfers may be set up from the following accounts or loan:

  • Any Savings or Checking Account
  • Money Market Account
  • Overdraft Line of Credit

Overdraft transfers will occur in $100 increments.

Regulation D – Under Federal Regulation D (Reg. D), savings and money market accounts are limited to a combined maximum of 6 of the following transactions per month:

  • Overdraft protection transfers
  • Automatic withdrawals other than loan payments
  • Transfers by phone or fax
  • Check withdrawals
  • Online banking transfers

It is important to remember that there are no restrictions on the number of transactions that you can perform on your checking account and Regulation D does not apply to Lines of Credit.