We get it — life happens! Unexpected overdrafts can occur from time to time when surprise expenses pop up. Fortunately, Central Bank offers a few ways to keep your balance and credit protected. With overdraft lines of credit, savings transfers, and overdraft privilege, keep your finances in your own hands.
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Overdraft Lines of Credit
Connect an overdraft line of credit to your checking that’s there for emergency coverage in case you ever make an overdraft.
- Connected to your Central Bank checking account
- Serves as overdraft protection in case you overdraw
- Line limits and repayment terms centered around your needs
- Helps protect your credit rating
- Available to all Central Bank customers
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Savings Transfer
Your savings is always there to catch you. Link a savings account to your checking and use your back-up fund to cover any mishap. In the event that you make an overdraft, your savings will be transferred to cover the amount.
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Overdraft Privilege
This service allows you to overdraw your account up to a disclosed limit — for a fee — in order to pay a transaction. It’s always available as secondary coverage if the other two protection source have been exhausted.
1Note that Overdraft Privilege is subject to approval.
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