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Oops Overdraft Protection
When overdrafts happen, Paducah Bank is here to help.
Paducah Bank's friendly approach keeps fees under control and finances on track.
Overdraft Protection Designed for Real Life
Checking accounts are like revolving doors. All that money for bill payments and other purchases goes out. Paychecks and other payments come in. With your busy life, we know it can be hard to keep track of where things stand - and your checking balance can dip below zero. When that happens, our Oops (Occasional Overdraft Privilege Service) Protection kicks in, and we do all we can to address the situation.
- Protect yourself against the embarrassment and hassle of stopped check payments
- There's no fee for signing up for the Oops overdraft protection program
- Oops Protection covers both personal and business checking accounts
- When you overdraw your account, in most cases we will let your payment go through*
- You will be charged a $33.95 fee, but will avoid merchant "bounced check" fees that are often larger
- You should make every attempt to bring your account to a positive balance within 24 hours
Important Information
- Oops Protection covers transactions involving paper checks, teller withdrawals, recurring debit card payments, ACH electronic payments, Online Banking, Bill Pay and WOW! InfoLine.
- It does not cover non-recurring debit card payments or ATM withdrawals.
Disclosures
*Paducah Bank is not obligated to cover any item presented for payment if your account does not contain sufficient collected and/or available funds. Furthermore, service charges assessed against a check or checks, or any other request for funds made upon your account, do not obligate us to pay said request for funds, nor do they obligate us to provide prior written notice of our decision to refuse payment.
FAQs
An Overdraft happens when you spend more money than you have available in your checking account.
Overdraft protection helps cover you when your checking account balance runs low. If a purchase or payment comes through and you do not have enough money in your account, overdraft protection can help prevent the transaction from being declined or returned.
An overdraft fee is a charge that may be applied when your account balance dips below zero and we cover a payment or purchase for you. It’s simply the cost associated with helping your transaction go through when there are not enough funds in your account.
Keeping track of your balance through online or mobile banking, setting up account alerts, and linking another account for overdraft protection can all help reduce the chance of an overdraft.
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