OVERDRAFT COVERAGE

Learn more about our Standard Overdraft Coverage
Heritage Bank’s standard practice is to provide all eligible checking accounts with standard overdraft coverage. This means that if you don’t have enough funds in your account to cover a transaction, at our discretion we may pay for the transaction on your behalf. We may charge you our standard insufficient funds/overdraft fee of $34 per item (up to 6 per business day).

If we decline to pay an eligible transaction, the transaction will be returned or declined and we may charge a $34 insufficient funds/overdraft fee (returned). Repayment of the overdraft amount is expected within 45 calendar days. You should make every effort to bring your account to a positive balance within 30 calendar days. At 30 calendar days, we will send you a letter informing you of the account status and your options. If after 45 calendar days, your account has not been brought to a positive balance, your account may be closed.

With standard overdraft coverage, Heritage authorizes and pays overdrafts for the following transactions (up to the account limit):

• Checks
• ACH transactions (including automatic bill payments and online bill pay transactions)
• Recurring debit card transactions (online subscriptions, gym memberships, etc.)

Our standard coverage does not automatically include coverage for ATM and one-time debit card transactions. To extend your coverage to your ATM and one-time debit card transactions that might overdraw your account, you must opt in to our enhanced overdraft coverage.

• By opting in, you're authorizing us to pay these items at our own discretion. Our standard insufficient funds/overdraft fees will apply.
• By opting out, we will not pay for the transaction and it will be declined. No fees will be assessed.

Why get extra overdraft protection?
The standard overdraft coverage that comes with your account is limited to certain types of transactions. Our enhanced overdraft coverage gives you the next level of protection, covering more transaction types than our standard coverage.

Line of Credit Protection and Overdraft Protection plans are also available and can work along with our Standard and Enhanced Coverage. These plans generally offer a higher degree of coverage at a lower cost as they guard against insufficient funds/overdraft fees and returned checks.