Checking Reserve

  • Avoid overdrafts on your checking account

With Checking Reserve, you can avoid costly overdraft fees and the possibility of returned items. Checking Reserve combines our deposit and lending services to create a cash reserve just for you.

If you qualify for Checking Reserve, your cash reserve will kick in automatically to fund your checking account in $100 increments to cover any overdrafts, up to the limit of your credit line. Best of all, it costs you nothing unless you use it. You pay interest only for the amount of money you use and the length of time you use it

The Federal Equal Credit Opportunity Act prohibits creditors from discriminating against credit applicants on the basis of race, color, religion, national origin, sex, marital status, age (provided the applicant has the capacity to enter into a binding contract); because all or part of the applicant's income derives from any public assistance program; or because the applicant has in good faith exercised any right under the Consumer Credit Protection Act. The federal agency that administers compliance with this law concerning this creditor is the Federal Reserve Consumer Help Center, P.O. Box 1200, Minneapolis, MN 55480.


Your loan contract calls for a minimum monthly payment of “2% of the outstanding balance, but at least $50.00, plus interest.” However, the minimum payment is calculated based on “the LESSER of the outstanding balance OR  $50.00, plus interest.”

This is not a change to the calculation of your monthly payment; it is a clarification of the legal loan contract agreement.  This is the same method of repayment our loan calculation system has been generating since the origination of your Checking Reserve line of credit.

You have the right to withdraw from this loan contract if you do not wish to continue with the terms of this clarification.  If you choose this option, contact us for payoff information. If you have any questions, please contact your local branch at our toll-free number 1-800-287-0752.