Overdraft Services

Everyone knows the best way to avoid overdraft fees is to manage your account so you don't overdraw it. However, with today's busy schedules, it is easy to suffer a miscalculation or an oversight in your checking account that can result in overdraft fees and sometimes even bounced checks. If you are looking for peace of mind and want to avoid paying overdraft fees, here are two solutions you should consider:

Automatic Savings Transfer

Cover your overdraft with an automatic transfer from your Home State Bank savings account or other personal account of your choice. There is no cost for simply linking your personal accounts for overdraft protection. Contact us to learn more!


Special Overdraft Security or "SOS"

The "SOS" is a personal line of credit that links to a personal checking account and is designed to protect the account from overdrafts. Not only does the SOS help you avoid overdraft fees; it also provides you with quick access to a small line of credit for those unexpected emergency needs.

Features and costs:

  • If your checking account balance has insufficient funds to pay a check or other item, the SOS will automatically "advance" funds to your checking account in minimum increments of $100 to pay the item.
  • Minimum payments are automatically debited from your checking account each month but you can make additional payments or pay it off in full at any time. The minimum monthly payment is 5% of the outstanding principal balance on the SOS or $25; whichever is greater. If your balance at the end of the billing cycle is less than $25 the entire balance is due that month.
  • The SOS is a personal line of credit that charges interest from the date of the advance until you repay it. The current Annual Percentage Rate (APR) is 18.00%
  • No transaction fees or penalty fees
  • $30 annual fee
  • Credit qualifications apply

To discuss these overdraft protection options or other available solutions, please contact us at (970) 624-8895 or toll-free at 1-866-203-5939. You may also visit one of our convenient locations.

For more guidance and information on avoiding overdraft fees please check out this FDIC link: