A: An overdraft occurs when you do not have enough money in your account to cover a transaction, but we pay it anyway.
A: Yes. Overdraft charges apply any time we pay an overdraft on your behalf regardless of which Overdraft Privilege option you select.
A: OKtoPAY extends the same coverage as our standard Overdraft Privilege, but also covers ATM and debit card transactions. To take advantage of OKtoPAY you must opt in to the program.
A: No. Items will not be paid when any amount exceeds your overdraft limit. It is not possible to determine in advance which individual transactions might be covered in the event of multiple overdrafts, pending debit card authorizations, or if your account is not in good standing.
A: Your overdraft line of credit will continue to be in effect as usual. If you would like to have additional overdraft protection in the event a transaction exceeds your available balance and credit line, then you should consider signing up for OKtoPAY .
A: Overdraft Privilege is a standard service that comes with certain account types and allows your account to go negative in order to pay an item. Overdraft Protection Line of Credit is a contractual agreement which transfers funds from the Line of Credit to your account in order to pay an item.
A: Yes, you may revoke your consent to the payment of ATM or debit card overdrafts at any time.
Rockland Trust Online Banking gives you a variety of services that help you use and manage your accounts, whenever and wherever you want.
Rockland Trust makes it easy to manage all of your accounts with our simple online portals.
Rockland Trust gives you a variety of services that help you use and manage your accounts, whenever and wherever you want.