Our offices and administrative headquarters will be closed on Monday, February 17 in observance of the Presidents Day holiday. We will re-open on Tuesday, February 18. ATMs and online banking are always available 24/7.
Overdraft Protection is a safety net for businesses
With our Overdraft Protection service, balances in select accounts can be used to cover an unexpected shortfall in your checking account. It’s your safety net when a situation presents itself, or if an honest bookkeeping mistake is made.
What is Overdraft Protection?
Overdraft Protection acts as a “safety net” to make sure you do not experience an embarrassing situation if there are insufficient funds in your organization’s account to cover checks and withdrawals made on that account. Overdrawing an account can also trigger an overdraft fee which can add up and cause even more headaches.
How to Request Overdraft Protection
All York Traditions Bank Business Checking accounts qualify for Overdraft Protection, but you must request this service with your Business Relationship Manager and set up the details of which account should be used to cover the shortfall. While there is no charge to set up Overdraft Protection, there is a fee each time a transfer is initiated, but it is less costly than the NSF (non-sufficient funds) fees you may otherwise pay.
With York Traditions Bank Overdraft Protection, you’ll have peace of mind knowing your business checks will be honored in the case of an unplanned situation, honest miscalculation, or oversight.