A Special Overdraft Privilege for Checking
Having a check returned due to insufficient funds can be costly and embarrassing. Bounce ProtectionSM gives you an added level of protection against unanticipated cash flow emergencies and account reconciliation errors.
At Beacon Bank we do not encourage overdrafts. As always, we encourage you to manage your finances responsibly. This service is offered to save you added expense and help preserve your good credit. This privilege is automatically active on accounts that have been open for 30 days and are maintained in good standing (defined as accounts with regular deposits and which have had a positive balance at least once within 30 days).
Bounce ProtectionSM is provided automatically with your checking account. Standard NSF fees will apply each time the service is used to pay a check, ACH or recurring debit card transaction on your behalf. If you request it, Bounce Protection can also protect you at the ATM and for one-time debit card purchases. Be sure to discuss this option with a banker.
Bounce ProtectionSM Customer Overdraft Policy
Your Guide to Prevent and Manage Overdraft Fees
Questions? Please contact Customer Service to explain this program in more detail.