search

Online Banking: Login to your account

  • *
  • *

Overdraft Protection Built Around You

1.

Do you use your Community Trust Bank Debit Card to withdraw cash or make purchases?

2.

Do you have another Community Trust Bank personal checking account or a savings account or line of credit?

Your Overdraft Protection Options

Based on your answers, you may want to consider Account-to-Account Overdraft Transfer**. This coverage links another Community Trust Bank account to your checking account, and transfers funds to cover all types of overdrafts: ATM withdrawals, debit card transactions, check and billlpayment transactions. It acts as your primary source of overdraft coverage.

The chart below shows one coverage option, but can be expanded to include details for all available types of Community Trust Bank overdraft coverage.

Details Checks Bill Payments Atm Withdrawals Debit Card Transactions Cost

Overdraft Advantage Only

Automatic based on certain criteria.* X X     No setup charge. You are only charged a fee if you use the service - $35 per overdraft (no more than 5 NSF Item and Overdraft Item Fees per day); if your account is overdrawn for more than 5 consecutive days, there is an additional charge of $10 per week. May be limited to $500 in overdrafts.

Overdraft Advantage with Debit Card Overdraft Protection

Optional coverage. When added together, all types of overdrafts are covered. X X X X No setup charge. You are only charged a fee if you use the service - $35 per overdraft (no more than 5 NSF Item and Overdraft Item Fees per day); if your account is overdrawn for more than 5 consecutive days, we will charge an additional $10 per week. May be limited to $500 in overdrafts.

Account-to-Account Overdraft Transfer**

Optional coverage that allows you to link your account to another Community Trust Bank savings or checking account, that will be used to cover overdrafts***. X X X X No setup charge or fee unless overdraft occurs.

Line-of-Credit Overdraft Protection

Optional coverage using a line of credit; available with credit approval. X X X X No setup charge; $12 annual fee. Line of Credit balance will incur interest charges. No Returned Item Charge is assessed or checks returned unless overdrawn amount surpasses available credit.

view all coverage options

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

**Transfers funds between deposit accounts, at no fee, to limit possible overdrafts. Your checking account will be covered up to the combined balances of the other selected accounts.

***Savings limitation may apply.

Your Overdraft Protection Options

Based on your answers, you may want to consider Account-to-Account Overdraft Transfer**. This coverage links another Community Trust Bank account to your checking account, and transfers funds to cover all types of overdrafts: ATM withdrawals, debit card transactions, check and billlpayment transactions. It acts as your primary source of overdraft coverage and is free.

The chart below shows one coverage option, but can be expanded to include details for all available types of Community Trust Bank overdraft coverage.

Details Checks Bill Payments Atm Withdrawals Debit Card Transactions Cost

Overdraft Advantage Only

Automatic based on certain criteria.* X X     No setup charge. You are only charged a fee if you use the service - $35 per overdraft (no more than 5 NSF Item and Overdraft Item Fees per day); if your account is overdrawn for more than 5 consecutive days, there is an additional charge of $10 per week. May be limited to $500 in overdrafts.

Overdraft Advantage with Debit Card Overdraft Protection

Optional coverage. When added together, all types of overdrafts are covered. X X X X No setup charge. You are only charged a fee if you use the service - $35 per overdraft (no more than 5 NSF Item and Overdraft Item Fees per day); if your account is overdrawn for more than 5 consecutive days, we will charge an additional $10 per week. May be limited to $500 in overdrafts.

Account-to-Account Overdraft Transfer**

Optional coverage that allows you to link your account to another Community Trust Bank savings or checking account, that will be used to cover overdrafts***. X X X X No setup charge or fee unless overdraft occurs.

Line-of-Credit Overdraft Protection

Optional coverage using a line of credit; available with credit approval. X X X X No setup charge; $12 annual fee. Line of Credit balance will incur interest charges. No Returned Item Charge is assessed or checks returned unless overdrawn amount surpasses available credit.

view all coverage options

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

**Transfers funds between deposit accounts, at no fee, to limit possible overdrafts. Your checking account will be covered up to the combined balances of the other selected accounts.

***Savings limitation may apply.

Your Overdraft Protection Options

Looks like you don't use your Community Trust Bank Debit Card for ATM withdrawals or purchases. Your checks and billpayments will continue to be covered automatically (based on bank policy) with Overdraft Advantage. $

Another option to consider is Account-to-Account Overdraft Transfer**, which links another Community Trust Bank account to your checking account, and transfers funds to cover any types of overdrafts.

Take a look at the chart below for more information.

Details Checks Bill Payments Atm Withdrawals Debit Card Transactions Cost

Overdraft Advantage Only

Automatic based on certain criteria.* X X     No setup charge. You are only charged a fee if you use the service - $35 per overdraft (no more than 5 NSF Item and Overdraft Item Fees per day); if your account is overdrawn for more than 5 consecutive days, there is an additional charge of $10 per week. May be limited to $500 in overdrafts.

Overdraft Advantage with Debit Card Overdraft Protection

Optional coverage. When added together, all types of overdrafts are covered. X X X X No setup charge. You are only charged a fee if you use the service - $35 per overdraft (no more than 5 NSF Item and Overdraft Item Fees per day); if your account is overdrawn for more than 5 consecutive days, we will charge an additional $10 per week. May be limited to $500 in overdrafts.

Account-to-Account Overdraft Transfer**

Optional coverage that allows you to link your account to another Community Trust Bank savings or checking account, that will be used to cover overdrafts***. X X X X No setup charge or fee unless overdraft occurs.

Line-of-Credit Overdraft Protection

Optional coverage using a line of credit; available with credit approval. X X X X No setup charge; $12 annual fee. Line of Credit balance will incur interest charges. No Returned Item Charge is assessed or checks returned unless overdrawn amount surpasses available credit.

view all coverage options

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

**Transfers funds between deposit accounts, at no fee, to limit possible overdrafts. Your checking account will be covered up to the combined balances of the other selected accounts.

***Savings limitation may apply.

Your Overdraft Protection Options

Not interested in linking to another Community Trust Bank account for overdrafts? No worries. There's an optional coverage—Overdraft Advantage with ATM & Everyday Debit Card Transaction Overdraft Protection (Opt-in) $ —that can be used to supplement Overdraft Advantage $ by covering overdrafts from ATM withdrawals and everyday debit card transactions.

Based on your answers to our questions, you may want to consider the coverage we've highlighted in the chart below.

Details Checks Bill Payments Atm Withdrawals Debit Card Transactions Cost

Overdraft Advantage Only

Automatic based on certain criteria.* X X     No setup charge. You are only charged a fee if you use the service - $35 per overdraft (no more than 5 NSF Item and Overdraft Item Fees per day); if your account is overdrawn for more than 5 consecutive days, there is an additional charge of $10 per week. May be limited to $500 in overdrafts.

Overdraft Advantage with ATM & Everyday Debit Card Transaction Overdraft Protection (Opt-in)

Optional coverage. When added together, all types of overdrafts are covered.* X X X X No setup charge. You are only charged a fee if you use the service; $35 per overdraft (no more than 5 NSF Item and Overdraft Item Fees per day); if your account is overdrawn for more than 5 consecutive days, we will charge an additional $10 per week. May be limited to $500 in overdrafts.

Account-to-Account Overdraft Transfer**

Optional coverage that allows you to link your account to another Community Trust Bank savings or checking account, that will be used to cover overdrafts***. X X X X No setup charge or fee unless overdraft occurs.

Line-of-Credit Overdraft Protection

Optional coverage using a line of credit; available with credit approval. X X X X No setup charge; $12 annual fee. Line of Credit balance will incur interest charges. No Returned Item Charge is assessed or checks returned unless overdrawn amount surpasses available credit.

view all coverage options

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

**Transfers funds between deposit accounts, at no fee, to limit possible overdrafts. Your checking account will be covered up to the combined balances of the other selected accounts.

***Savings limitation may apply.

  • 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.