Monitoring your accounts is the best way to avoid an overdraft, but in the case of unexpected or unavoidable transactions, Union Savings Bank offers two alternatives to the Standard Overdraft practices: an Overdraft Protection line of credit and an Automatic Savings Transfer. Continue reading to understand our Standard Overdraft Practices as well as your options to help you reduce your costs from overdrafts.

What is an overdraft?

An overdraft occurs when you do not have enough money in your account to cover a transaction, like a check that you wrote. At our discretion, we may decide to pay the check or process the transaction even though you don’t have sufficient funds available; however, there is no guarantee that we will decide to do that. In some cases, your check will be returned or your transaction will be denied. Union Savings Bank has tools to help you keep track of your account balance, and we have these services available should you need it:

  1. Standard Overdraft practices
  2. Overdraft protection

Standard overdraft practices

Our Standard Overdraft practices come with your checking account. They do not apply to Health Savings Accounts or Opportunity Checking Accounts as overdrafts are prohibited. We pay overdrafts at our discretion based on factors such as the purchase or withdrawal amount and your account history, which means we do not guarantee that we will always authorize and pay any type of transaction. We typically don’t pay overdrafts if your account isn’t in good standing. Under our Standard Overdraft practices:

We do authorize and pay overdrafts for the following types of transactions:

  • Checks and other transactions made using your checking account number
  • Automated bill payments

We do not authorize and pay overdrafts for the following types of transactions:

  • ATM transactions
  • Everyday debit card transactions

What are the Bank’s business practices when determining which overdrafts to pay?

Eligibility for our standard overdraft practices is based on a number of factors and the service is provided solely at our discretion. The daily limit is dynamic and may change daily based on the activity in your account. These practices are in effect upon account opening.

What does an overdraft cost?

Should an overdraft occur, your account will be charged $36.00 for each item that causes an overdraft, not to exceed four overdraft fees per day ($144.00).

How do I opt-in to include ATM and everyday debit card transactions?

We do not authorize and pay overdrafts for the following types of transactions unless you ask us to:

  • ATM transactions
  • Everyday debit card transactions

You may Opt-in and authorize us to pay overdrafts for ATM and every day debit card transactions at our discretion by visiting any Union Savings Bank branch or contacting our Customer Service Center at 866.872.1866.

Overdraft Protection

We also offer two forms of overdraft protection which may be a less expensive alternative to the Standard Overdraft practices.

Overdraft protection line of credit

Overdraft Protection is an overdraft line of credit, which allows you to overdraw your checking account up to the amount of your pre-established credit line. Interest is charged on the amount borrowed until you make a deposit to your checking account, which will first be applied to any amount owed on the Overdraft Protection line of credit. Any remaining deposit balance is added to your checking account. This is a loan and credit approval is required. Please visit your local branch for an application.

Automated savings transfer

Automated Savings Transfer is another overdraft protection service that automatically transfers funds from your linked savings account to cover overdrafts on your checking account. There is a $15.00 fee each time an Automated Savings Transfer is made, but only one transfer per day is necessary, so you do not pay the fee for each item that may have created the overdraft. Other restrictions apply.

To learn more or apply, visit your local Union Savings Bank branch or call 866.872.1866.

Helpful tips and tools

The best way to avoid overdraft fees is to closely monitor your account activity. Here are a few tips to avoid unwanted overdraft fees:

  • Review your account statement
    In addition to regularly balancing your checkbook, you should carefully review your statement. We provide a useful balancing tool on the reverse side of your printed statement for your convenience.
  • Use USB online banking and our USB mobile app
    We offer free electronic monitoring tools such as USB Online Banking and our USB Mobile App, which are available to you 24/7. Visit to enroll in USB Online Banking or your respective App store to download the USB Mobile App. USB doesn’t monitor your HSA account to let you know when you are approaching an overdraft. However, we have several tools that can help prevent overdrafts. USB Online or USB Mobile can be used to more easily monitor your account. You can even set alerts through Online Banking. You can visit our Digital Banking Tutor online to find out how to set alerts, or call our Customer Service Center and they will help you.
  • Use USB telephone banking
    USB Telephone Banking, our free telephone banking service, can be used to check balances, and monitor deposits and withdrawals 24/7 from your touch-tone phone. Call toll-free 800.860.6670.
  • Keep your check register up to date
    Be sure to record all your transactions at the time of the transactions or when you write a check.
  • Use direct deposit
    Arrange for your employer to electronically deposit your paycheck to your checking account.

How do I obtain information for consumers about how to access free or low-cost financial education workshops, or individualized counseling to help avoid future overdrafts?

Please visit either or for more information in regards to financial education and individualized counseling.

down arrow Disclaimers

1 This does not apply to Health Savings Accounts or Opportunity Checking Accounts; as overdrafts are prohibited.
2 This is a loan and credit approval is required. Please visit your local branch to apply.
3 Interest is charged on the amount borrowed against the overdraft protection until you make a deposit, which will first be applied to the overdraft protection. Any remaining deposit balance is added to your checking account.