Overdraft Protection Lines of Credit

Features:

• Low, fixed rate
• Line of credit from $500 - $20,000 ($20,000 maximum includes all personal loans)
• If your Checking Account is overdrawn, advances the necessary amount to cover your purchase or withdrawal (up to your credit limit, of course)
• Can also obtain money at will by writing yourself a check or making a transfer
• No annual fee
• Optional additional coverages include Credit Life Insurance and Credit Disability Insurance

Benefits:

• Prevents you from bouncing a check or not being able to pay for unanticipated expenses
• Only pay interest on what you actually borrow
• Funds are easily accessible through e-Branch and MIT TouchTone Teller
• Smart Money Rewards members receive a 0.25% Annual Percentage Rate discount
• No processing or service fees

Apply Today!

If you'd like to obtain an Overdraft Protection Line of Credit, please complete our easy online application. We also offer a printable application if you'd prefer this method. Documentation - Please send us a copy of a recent pay stub, W-2, or income tax return for income verification purposes.