Overdraft Line of Credit
Have you ever accidentally made a transaction without enough funds in your account? To make matters worse, you probably got hit with unwanted fees. At Thomaston Savings Bank, we know that nobody likes getting charged for an honest mistake. That's why we offer an Overdraft Line of Credit – your safety net against costly insufficient fund fees. With a fixed annual percentage rate and generous line amounts, safeguard your account from unexpected overdrafts.
The Loan That's Got You Covered
Insufficient funds? No problem! Rest easy knowing that your transactions will go through without a hitch.
Loan Details
- Fixed annual percentage rate
- Line amounts up to $2,000
- No annual fee
- 24-month term
- Online and Mobile Banking services are available
Overdraft Line of Credit Highlights
No annual fee: Avoid overdraft fees, while paying no annual fee with our Overdraft Line of Credit.
Fixed APR: Our Overdraft Line of Credit has a fixed APR, so you know exactly what your interest rate will be.
Flexible line amounts: We offer Overdraft Line of Credit from $500 to $2,000, so you can choose the coverage that's right for you.
Current Fixed Overdraft Line of Credit Rates
How To Apply
Step 1
Apply Online In No Time1
Step 2
Upload Supporting Documentation2
Step 3
Sign Your Loan Documents3
Step 4
Receive Your Funds4
1 Application Details
Applying online is easy! You will need to provide the following information when applying for your Overdraft Line of Credit:
- Social security number
- Basic contact information
- Current physical address
- Personal identification
- Financial Information, including income
2 Supporting Documentation
| Employment Status | Required Documentation |
|---|---|
| Employed | Two most recent pay statements |
| Self-Employed | Most recent tax return |
| Retired | SSA award letter, pension statement, 1099-R |
| Other | Disability benefits, supplemental social security benefits, alimony, child support |
If required, you will be prompted to upload the necessary supporting documentation. Required income documentation is dependent on your employment status.
3 Document Signing
Electronically sign your documents and verify all of your information is correct to complete your application.
4 Receiving Your Funds
The line of credit will be established.
3 Clever Ways to Avoid Overdraft Fees
Here are some simple techniques and routines you may want to consider.
Take the Next Step
Get in Touch
Questions about our Overdraft Line of Credit? Fill out the form below to connect with us.