The Milford National offers two easy ways to protect you from the hassle, high cost and embarrassment of an overdrawn checking account.
A CheckGuard Line of Credit can protect you from the occasional checking overdraft by providing a line of credit that covers you up to the amount of the line. You'll never have to worry about the cost, hassle or embarrassment of overdrawing your Milford National Checking Account again.
- Round-the-clock overdraft protection
- Interest assessed only on the amount you use
- Must meet established underwriting requirements to qualify
Funds from your Milford National Statement Savings Account can be automatically transferred to your Milford National Checking Account, to cover any overdrafts. Pre-authorized transfers are for the exact amount of the overdraft, plus daily transfer fee up to a limit of six pre-authorized transfers per statement period. An overdraft fee will be charged, if there are insufficient funds in your statement savings account. Low monthly maintenance and transfer fees. See our Schedule of Service Charges.