Understanding overdrafts and how to avoid fees
While we do not encourage overdrafts, we understand that life gets busy and sometimes you lose track on how much money is in your account, or you have an unexpected shortage of funds. Your relationship is important to us and our goal is to help you manage your money and avoid unexpected overdraft fees.
We encourage you to consider our other overdraft services, which may be less expensive than our Overdraft Privilege Service. We also encourage you to review the account management tips and helpful resources for avoiding overdraft fees.
In the event you overdraw your account, Rockland Trust has less costly options available to you
Overdraft Account Link
Overdraft Account Link covers overdrafts by transferring funds automatically (up to your available balance) from another of your Rockland Trust savings, money market, or checking accounts. There is no fee for this service.
Overdraft Protection Line of Credit
An Overdraft Line of Credit covers overdrafts on your checking account by advancing funds automatically to your checking account, up to the amount of your approved credit limit. An Overdraft Protection Line of Credit is subject to credit approval. If approved, there is a $35 annual fee.
How to Apply
To apply for an Overdraft Protection Line of Credit or to set up Overdraft Account Link, visit a Rockland Trust branch or call 508.732.7072.
