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Overdraft Protection Built Around You

If you bank with us, your personal checking and money market accounts may automatically come with overdraft coverage for checks, recurring debit card payments, and bill payments*. For ATM withdrawals and everyday debit card transactions, you’ll need additional coverage.

What are your options? Use our handy tool to explore supplemental coverage that helps you complete a purchase or payment in the event that you don't have sufficient funds in your account.

Explore your options »
  • How To Sign Up

    Overdraft Advantage
    You may already be covered unless you have asked us not to provide you with this coverage. Contact your personal banker to find out more.

    Overdraft Advantage with ATM & Everyday Debit Card Transaction Overdraft Protection (Opt-in)
    You may already have Overdraft Advantage and if you opted in to the overdraft service, you already have Debit Card Overdraft Protection. Give us a call at 1-888-292-4037, live chat with us at ctbonline.com or visit your Community Trust Bank location to find out.

    Overdraft Protection Line of Credit
    You must apply for this Line of Credit. Visit with your personal banker for details!

    Account-to-Account Overdraft Transfer
    Call us at 1-888-292-4037, live chat with us at ctbonline.com or visit with your personal banker.

  • Overdraft Prevention
    • Use Community Trust Bank online banking or mobile banking to frequently view your account balances.
    • Set balance threshold alerts to notify you daily by email or text. You set the threshold and form of notification!
    • Transfer funds from your phone using mobile banking
    • Set up an automatic deposit to ensure that funds are promptly deposited into your accounts. Create an email or text alert to receive confirmation of the deposit.
    • Record your activity in your checkbook and review monthly account statements.
  • Educational Links

    If you are facing financial challenges or want to learn the basics about financial education, you may want to review the information on the following web sites.

  • Overdraft FAQs

    Would there be a reason to have more than one overdraft protection product?

    If you've linked your account to another savings or checking account or a line of credit, Account-to-Account Overdraft Transfer will be used as your primary source of overdraft coverage. Signing up for Overdraft Advantage With ATM & Everyday Debit Card Transaction Overdraft Protection (Opt-in) would serve as an additional source of coverage in the event that you exhaust your checking or savings account balance or line of credit.

    What if I have multiple personal checking or money market accounts?

    The overdraft coverage you select is applied on an individual account basis. You will need to sign up for coverage for each of the personal checking or money market accounts you have. (Give us a call or stop by your Community Trust Bank location and we'd be happy to do it for you.)

    If I select Overdraft Advantage with Debit Card Overdraft Protection, am I charged a fee even if I don't overdraft?

    No! Selecting Overdraft Advantage with Debit Card Overdraft Protection means the coverage is available, but you won't be charged a fee unless you use it.

    What happens if I don't sign up for anything?

    Your personal checking and money market accounts may automatically include overdraft coverage for checks and bill payments (based on bank policy). ATM withdrawals and debit card transactions will be denied if you don't have enough funds in your account.

    What types of transactions could cause an overdraft?

    The $35.00 overdraft item charge applies to overdrafts created by check, in-person withdrawal, ATM withdrawal or other electronic means if you opted in to the authorization and payment of ATM and everyday debit card transactions (Regulation E).

    What types of fees are charged?

    We will generally not pay items which will create in excess of a $500 overdraft (negative) balance in your account. Normal bank fees and charges, including returned item charge/overdraft item charge of $35.00 for each item will be included in the calculation of this limit. However, we will charge you no more than five overdraft item charges per day and will not charge an overdraft item charge if your checking account is overdrawn $5 or less at the end of each business day. Also, we will charge you an overdrawn account fee of $10.00 on the 5th consecutive day your account is overdrawn; if your account is overdrawn for more than 5 consecutive days, we will charge an additional $10.00 per week.

    How long do I have to pay back an overdraft?

    Overdraft Advantage will automatically be suspended if overdrawn more than 20 days or less than $500.00 was deposited for the current and last statement.

    Under what circumstances will items not be paid?

    The Overdraft Advantage service is available to selected customers on a purely discretionary basis and may be revoked at any time at our discretion.

    Note: We pay overdrafts based on our standard overdraft policy. We do not guarantee that we will always pay any type of overdraft transaction.

    More questions? Call us at 1-888-292-4037, live chat with us at ctbonline.com or visit your Community Trust Bank location.

* We pay overdrafts based on our standard overdraft policy. We do not guarantee that we will always pay any type of overdraft transaction. Customer may waive automated paid overdraft services.