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Overdraft Coverage Options

We offer two levels of coverage so you can choose the protection that fits your needs.

Understanding Overdraft Services at b1BANK

Life happens, and sometimes a transaction comes along when your balance is lower than expected. We offer options to help handle those unexpected moments smoothly and transparently.

Courtesy Coverage (Standard Protection)

This feature is automatically included with eligible checking accounts. When your account balance is insufficient, b1BANK may cover:

  • Checks
  • Automatic bill payments (ACH transfers)
  • Recurring debit card payments (like monthly subscriptions)

Courtesy Coverage Plus (Expanded Protection – Opt-In Required)

Normally, debit card purchases and ATM withdrawals are declined when your balance is too low. With Courtesy Coverage Plus, you're giving b1BANK the option to approve:

  • Everyday debit card purchases at stores, restaurants, or online
  • ATM cash withdrawals

Ready for extra coverage? You can opt in to Courtesy Coverage Plus at any time to help prevent everyday debit card declines at checkout.

Opt-In to Courtesy Coverage Plus

How Our Coverage Works

Instead of a rigid, one-size-fits-all policy, our system automatically evaluates account activity daily to determine coverage eligibility up to a dynamic limit.

Factors that help determine coverage include:

  • How long your account has been open
  • Regular deposit history and patterns
  • How frequently your account goes overdrawn
  • The current standing of your other b1BANK accounts or loans

Simple, Clear Fee Structure

We believe in predictable pricing so you never face surprises.

Transaction DetailFee/Limit
Overdraft Fee (Item Paid)$35.00 per item
Returned Item Fee (Item Declined)$35.00 per presentment
Small Transaction Buffer$0 Fee on any item $10.00 or less
Maximum Daily Fee Cap$175.00 per day (max 5 fees daily for personal accounts)

Lower-Cost Alternatives & Financial Guidance

Overdraft services are meant to be a safety net for occasional miscalculations—not a long-term borrowing solution.

  • Excessive Use Support: If your account is overdrawn more than 6 times in a 12-month period, our team will reach out to help you explore more cost-effective alternatives.
  • Financial Wellness Tools: Access helpful financial tools, budgeting guides, and money management resources anytime at MyMoney.gov.

You’re Always in Control

You can opt in to Courtesy Coverage Plus, change your coverage preferences, or opt out of overdraft coverage entirely at any time: