Overdraft Coverage
Overdraft Coverage¹ is a discretionary service that we add to consumer checking accounts to cover overdrafts when eligibility requirements are met. Overdraft Coverage and Overdraft Coverage with Cover My Card are not a line of credit. All qualified banking accounts have the option to be enrolled in the most basic protection for checks, ACH and recurring debit card transactions.
To receive full-coverage on your account, you can also decide to enroll in Overdraft Coverage with Cover My Card and CoreFirst will strive to pay ATM and non-recurring debit card transactions to ensure all of your transactions are covered. Learn more about Opting-In or Out:
When you opt-in for Overdraft Coverage with Cover My Card, CoreFirst can consider authorizing discretional payment on ATM & non-recurring Debit Card transactions when you have insufficient funds to cover the amount. Fees will be incurred each time we pay an overdraft transaction. Fees¹ will be charged only if we actually cover an overdraft and are detailed below. There is no fee to Opt-In your account. In order for us to consider these types of transactions as part of your Overdraft Coverage plan, you will need to Opt-In one of the following ways:
Call 1.800.280.0123 or 785.267.8900
Stop by any branch location
Complete the Opt-In Form
By opting-out of Overdraft Coverage with Cover My Card you DO NOT authorize CoreFirst Bank & Trust to cover your non-recurring debit card and ATM transactions when the balance is insufficient in your account. This will cause the transactions to be declined. If you would like to opt-out from this part of the Overdraft Coverage contact us:
Call 1.800.280.0123 or 785.267.8900
Stop by any branch location
Complete the Opt-Out Form
Knowledge is Power.
- Make sure to review the Overdraft Q & A
- Using Account Link and following these great account management tips can help put an end to inadvertent overdraft and returned-check fees:
- Enroll in Internet Banking or download the banking app to stay in touch with your account 24/7
- Sign up for account alerts so you know when your balance is low
- Keep track of your transactions with an online budget tool or check register
- Make sure to include your ATM, debit card and automatic bill payment transactions
- Review and reconcile your account statement each month