Overdraft Information
- What type of overdraft protection is available?
- How do I apply for overdraft protection?
- How do I access my overdraft protection?
What type of overdraft protection is available?
Overdraft protection is provided from a Regular or Advantage Savings or Money Market Account. The amount advanced will be the exact amount needed to cover the overdraft based on the available savings or money market balance.
How do I apply for overdraft protection?
To link existing accounts (Regular or Advantage Savings or Principal Bank Money Market) to your checking account, visit the Account Service section of Customer Service and click on the Overdraft Protection Request Form (PDF: 23 KB).
If you need to open one of the accounts above, contact the Bank Customer Center at 1.800.672.3343.
How do I access my overdraft protection?
Overdraft protection from a Principal Bank Savings or Money Market account is available for Internet fund transfers, paper check and billpayment transactions. Overdraft Protection does not authorize for ATM or Debit Card transactions.
Principal Bank will advance from the savings or money market account the exact amount to cover overdrafts incurred on the specified checking account.
For questions, call the Bank Customer Center at 1.800.672.3343.
