Overdraft Services

What you need to know about overdrafts.

An overdraft occurs when you do not have enough money in your account to cover a transaction, and we pay the item anyway. Your overdrafts can be covered in several ways:

  1. Overdraft Honor (with or without Opt In Protection) –  available to accounts in good standing

  2. Overdraft Transfer Service – funds are automatically transferred from one of your other Heartland Bank accounts to cover any overdrafts.

  3. Reserve Line – a line of credit specifically to cover those unexpected expenses and emergencies

Overdraft protection services can be crucial when it counts most! Like those times when emergencies or unexpected expenses come up right when your balance is lowest.

What are the standard overdraft practices that come with my account?

At our discretion we may authorize and pay overdrafts for the following types of transactions:

  • Checks and other transactions made from your checking account
  • Automatic bill payments
  • Recurring debit card transactions (example: monthly membership dues)

We will not authorize and pay overdrafts for the following types of transactions unless you authorize us to (see Opt In Protection):

  • ATM transactions
  • Everyday debit card transactions

What fees will I be charged if Heartland Bank pays my overdrafts?

Under our standard overdraft practices:

  • You will be charged a fee of $30 for each item that overdraws your account. You will not be charged more than $120 in overdraft charges on any given day. 
  • If your consumer account is overdrawn for 4 or more consecutive business days, you will be charged an additional fee of $5 per day beginning the 4th day until the balance is positive.