Simple Solutions. Easy To Set-Up.
Mistakes happen. That’s why Rivermark offers easy to set-up overdraft protection options to provide a safety net for the occasional ‘bounced’ check or having a debit card transaction declined.
We can link your Savings or credit card/credit line to cover Non Sufficient Funds (NSF) or when your account balance is unavailable due to funds held for debit card transactions, checks held under our Funds Availability Policy, or direct deposits not yet available for withdrawal. A $5 service fee is assessed per savings transfer. There is no fee to advance funds from your Rivermark Visa or line of credit. Funds must be available on your Visa or line of credit and daily interest will accrue on the amount we advance to cover an overdraft.
To set this up, log into Online Banking, select Account Options from the More menu and click Overdraft Protection. On the mobile app select Overdraft Protection from the More menu.
Debit Card Courtesy Pay
Debit Card Courtesy Pay is an additional form of overdraft protection that's available to help cover your Visa Debit Card transactions.* If for whatever reason, funds are not available in your Checking account at the time you make a Visa Debit Card transaction - for example, at the grocery store - Debit Card Courtesy Pay can help cover your transaction so your purchase is not declined.
- There is no fee to enroll in Debit Card Courtesy Pay on your account – even if it's never used.
- Your account will be assessed $30 each time Debit Card Courtesy Pay is used.
To set this up, log into Online Banking, select Account Options from the More menu and click Debit Card Courtesy Pay. On the mobile app select Debit Card Courtesy Pay from the More menu.
Your Checking account automatically comes with our Courtesy Pay service. If you write a check or authorize an ACH transaction and Overdraft Transfer cannot cover the items, Courtesy Pay may pay the transaction for you so it does not "bounce." A $30 fee is assessed each time Courtesy Pay is used. We strive to pay items to help you avoid more costly merchant fees.*
*Courtesy Pay is a discretionary service and we reserve the right not to pay NSF items even if we’ve paid them before. For example, we typically do not pay overdrafts if your account is not in good standing, or you are not making regular deposits, or you have too many overdrafts. We reserve the right to require immediate repayment of an overdraft.
Ratings & Reviews
"I control finances in a house of 9 adults, and this overdraft protection is a must have. It charges my Rivermark Visa (which has no cash advance fee!) And I pay it back asap with minimal interest even on $1000 overdrafts. I can write checks and live without fear of bouncing them too. I even have my wife's separate account hooked to my overdraft protection. All pros, no cons."
"Rivermark's overdraft protection is top notch! As a bartender who mostly makes cash tips, sometimes I forget how much money is in my checking. Over the Holidays I could have gotten into some serious hot water buying gifts but where big banks would have taken the money and ran, Rivermark saved my bacon and my bottom line!"
"Overdraft protection has saved me many times. I have a hard time keeping track of what account my money is in so it's nice to know that I can feel safe not getting charged overdraft fees!"