Overdraft Protection from Alliance Bank
Automatic Account Transfers
To avoid overdrafts from occurring, this protection automatically transfers funds from one deposit account (savings or checking) to the account that is insufficient, in $50 increments. The charge for this transfer is $4.00 per day no matter how many transfers take place.
Ready Reserve is another way to avoid overdraft charges. This is a small loan that automatically deposits money into your checking account when you overdraft. If your ready reserve should deposit funds in your account you will be charged interest at the current Ready Reserve interest rate. You will not be charged a service charge. You will be able to make monthly payments until your ready reserve is paid in full.