Overdrafts and Overdraft Fees

NOTE: Opting into allowing ATM and POS Overdrafts requires that your account is setup on bounce protection.

What you need to know about overdrafts and overdraft fees:

An overdraft occurs when you do not have enough money in your account to cover a transaction, but we pay it anyway. We can cover your overdrafts in two different ways:

  1. We have standard overdraft practices that may come with your account.

  2. We also offer overdraft protection plans, such as a link to a savings account and an overdraft line of credit, which may be less expensive than our standard overdraft practices. To learn more, ask us about these plans.

This notice explains our standard overdraft practices.

What are the standard overdraft practices that may come with my account?

We do authorize and pay overdrafts for the following types of transactions:

  • Checks and other transactions made using your checking account number.

  • Automatic bill payments.

We do not authorize and pay overdrafts for the following types of transactions unless you ask us to (see below):

  • ATM transactions.

  • Everyday debit card transactions.

We pay overdrafts at our discretion, which means we do not guarantee that we will always authorize and pay any type of transaction.

If we do not authorize and pay an overdraft, your transaction will be declined.

What fees will I be charged if Jersey Shore State Bank pays my overdraft?

Under our standard overdraft practices:

  • We will charge you a fee of up to $34.00 each time we pay an overdraft.

  • There is a limit of $102.00 per day on the total fees we can charge you for overdrawing your account.

What if I want Jersey Shore State Bank to authorize and pay overdrafts on my ATM and everyday debit card transactions?


If you want us to authorize and pay overdrafts on ATM and every day debit card transactions, call us toll-free at 1-888-412-5772, contact any branch office, or complete the form below and submit online.

* First Name:
* Last Name:
* Last Four Digits of Social Security Number:
* Checking Account Number:

If you would like to opt-out of Overdraft Protection from ATM and everyday Debit Card transactions, please use this form.