What is Overdraft Privilege?

This value added service may protect every day, one-time debit card transactions, ATM withdrawals, payments via personal check, and other purchases using your checking account in the event you have insufficient funds in your account to cover the expense. There are no monthly service fees or an annual fee associated with Overdraft Privilege – you only pay if you use it. Mistakes can happen. Avoid embarrassing situations and keep your options open in the event of an emergency. 

Unless you affirmatively consent to extended coverage, your everyday, one-time debit card transactions (e.g., purchases) and ATM withdrawals that overdraw your checking account may not be authorized. In order to consent, please complete and mail in this paper form or call toll-free 1-877-TRUMARK.

You have a variety of automatic overdraft protection options for your checking account. Your regular savings (share) account may be set up for overdraft protection and your club accounts also can be set up by request.

If you have a Trumark Home Equity Line of Credit or Convenience Line of Credit, enjoy overdraft protection beyond your savings. Only the amount of the overdraft is advanced from your line of credit, keeping your interest costs to a minimum.

Overdraft protection also may be available by request through your Trumark credit card.

Click here for information on fees associated with covering overdrafts.


Overdraft Privilege FAQs

  • Overdraft Privilege is a value-added service that may help cover transactions when there aren’t enough funds in your checking account. It can protect everyday payments such as one-time debit card purchases, ATM withdrawals, personal checks, and other transactions. There are no monthly or annual fees for this service—you only pay a fee if an overdraft occurs. It’s designed to provide peace of mind and help you avoid the inconvenience of declined transactions.

  • Yes. While certain transactions like checks and recurring payments may be covered automatically, everyday, one-time debit card purchases and ATM withdrawals require your consent for extended coverage. Without this opt-in, these transactions may be declined if they would overdraw your account. To enroll, simply complete and mail the provided form or call us toll-free at 1-877-TRUMARK.

  • Trumark offers several ways to help protect your checking account from overdrafts:

    • Savings (Share) Accounts: Link your accounts to automatically transfer available funds.
    • Home Equity Line of Credit or Convenience Line of Credit: Only the amount needed to cover the overdraft is advanced, which can help keep interest costs low.
    • Trumark Credit Card: Overdraft protection may also be available by request.

    These options give you flexibility and added confidence, helping you stay in control of your finances.