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The best way to keep from paying overdraft and bounced-check fees is to keep a close eye on your account, so it never becomes overdrawn. Unfortunately, mistakes do happen, and you may not always realize an error has occurred before it starts to cause problems for you.

Like most banks and credit unions, Harborstone offers courtesy overdraft protection, Protection Plus, to protect you from having ATM and debit card transactions be denied if you do not have sufficient funds in the account at the time.

There is no fee for this added protection unless you actually use it. If Protection Plus is used to clear a transaction on an account that does not have sufficient funds to cover the transaction, you would be charged a $30 per-transaction fee.

What are the benefits of Protection Plus?

• If you make an error in math, or your checking account balance is lower than you expected for any reason, Protection Plus keeps you from being declined at the cash register or other point of purchase.
• Protection Plus allows you to get gas or use an ATM to withdraw cash in an emergency, when your account balance is low.

In many cases, an overdrawn account is caused by circumstances beyond a member's control.

Some members become overdrawn for the first time when they receive a check from someone else that isn't good, but are considering that deposit a part of their available balance. Other times, it's an unplanned expense, unexpected situation, or simple math error that leaves a checking account balance short.

Having a transaction denied at the cash register because of insufficient funds can be an embarrassing and inconvenient experience. Consider these real life situations.

Real Life Situations