Avoid embarrassing situations with two overdraft protection options! You may pre-authorize automatic transfers between your savings and checking accounts, or you might qualify for Overdraft Privilege to cover overdrafts on eligible accounts.
With Overdraft Privilege, Haverhill Bank will consider, without obligation, paying overdrafts of up to $800*. Any and all fees and charges, including insufficient funds/overdraft fees, will be included in this limit. One-time ATM/debit card transactions and withdrawals may be paid if you have opted in for this type of overdraft coverage**. If you have not opted in and do not have sufficient funds for a one-time ATM/debit card transaction or withdrawal, your transaction may be declined and you will not be charged a fee.
*Overdraft, uncollected funds or insufficient funds charge of up to $25.00 applies to any transaction that overdraws your account including, but not limited to, payments authorized by checks, ACH/electronic items, online banking, phone banking, in-person withdrawals and recurring debit card transactions. Fee also applies to everyday ATM/debit card transactions for consumers who have opted in. This discretionary service is limited to a $500 overdraft (negative) balance for Regular Checking accounts and $800 overdraft (negative) balance for NOW Checking and Gold Checking accounts. There is no NSF fee if the transaction or overdrawn balance is less than or equal to $10 and there is a maximum of 5 fees per day. You must bring your balance positive immediately and at least every 30 days. The bank cannot promise to pay every overdraft and is never obligated to pay your overdraft. The bank typically does not pay overdrafts if your account is not in good standing, for example, you are not making regular deposits or you do not bring your account to a positive balance.
**One-time ATM/debit card transactions and withdrawals may be paid if you have opted in for this type of overdraft coverage and you are eligible for Overdraft Privilege. We may approve your one-time ATM/debit card transactions and withdrawals up to your assigned ODP limit and charge your account our normal insufficient/overdraft fee up to a maximum of five per day.
Haverhill Bank will not authorize and pay overdrafts for the following types of transactions unless authorized to do so:
- ATM transactions
- Everyday debit card transactions
If you are currently enrolled in Overdraft Privilege and would like to opt-out, please visit your nearest branch or call (978)374-0161 to speak to a Customer Service Representative. For additional details, refer to Haverhill Bank's Consumer Banking Schedule of Charges.