Overdraft Protection Options
Sometimes life creates an "uh-oh" moment especially when we are busy. At Aventa, we don't want you to worry about having an "uh-oh" moment, which is why we offer overdraft protection.
To make sure you’re covered in those unplanned circumstances, Aventa offers the following options:
Opt-In is attached to your checking account and covers you when you inadvertently overdraft your account at an ATM or when making a debit card purchase. This service is offered at our discretion to cover overdrafts up to a set limit for a fee,* as outlined in our overdraft coverage options.
To receive Opt-In coverage, you must complete the OPT-IN OVERDRAFT CONSENT FORM.
Should you inadvertently overdraw your account, we have the discretion to cover your overdrafts for checks or Automated Clearing House (ACH) transactions (including automatic bill payments).
Overdraft Line of Credit3
With an Overdraft Line of Credit your checking account is covered up to the approved line of credit with available limits up to $1,000. It protects you from overdrafts and from having transactions denied for non-sufficient funds. There are no per-item overdraft fees and rates vary and are subject to credit approval.
Personal Line of Credit4
A Personal Line of Credit protects you from overdrafts and from having transactions denied for non-sufficient funds. Plus, it's also an easy and convenient line of credit when you need quick access to cash with available limits up to $7,500. There are no per-item overdraft fees and rates vary and are subject to credit approval.
Use the funds in your savings account to automatically move money from savings to checking to pay for overdrafts as long as funds are available. Transfer fees apply, please see Cost Recovery Schedule. Transfers are limited to six transfers per month (when done electronically).
1A fee will be assessed for each overdraft and is subject to restrictions. See Aventa Cost Recovery Schedule. Covers Point-of-Sale (POS) debit card (Visa® Debit Card) transactions and ATM withdrawals. You must be at least 18 years of age and a member for a minimum of 90 days for this service to be extended. Please see Account Agreement and Disclosures for additional information.
2A fee will be assessed for each overdraft (see Cost Recovery Schedule) and is subject to limitations.
3Overdraft Line of Credit is a credit product and subject to credit approval. Rates based on creditworthiness. Transfers are made in increments of $100.00.
4Personal line of credit transfers are made in increments of $100.00. An overdraft line of credit is subject to credit approval and there is no fee per transfer. Transfers are made in increments of $100.00.