Overdraft Protection

Have you ever…
made a mistake in your checkbook?
forgotten to record a purchase or withdrawal?
had the embarrassment and expense of a returned check?

If you answered yes to any of these questions, or if you simply want to be protected “just in case,” you may want to consider one of our overdraft protection options.*

Mechanics Overdraft Privilege Service (MOPS)

  • Offered for eligible checking accounts
  • You may avoid high charges from merchants for returned checks
  • Mechanics may pay your occasional and inadvertent overdrafts up to $800 for personal accounts and $1,500 for business accounts
  • Charge of $32 for each item that would create an overdraft
  • The standard overdrawn account fee of $5 will be charged each business day that the account is overdrawn after seven days.
  • MOPS is a discretionary service that you may opt out of at any time by notifying the Answer Center at 419-524-0831.

Account Protection Transfer

  • Sweep money from a Money Market or another checking to cover overdrawn funds
  • You may avoid high charges from merchants for returned checks
  • Fee of only $5 per sweep

Overdraft Protection Line (OPL)

  • Protect your checking account from being overdrawn with an unsecured loan
  • Freedom of having a reserve fund at your command
  • Write your own loan at any time – for pleasure or emergencies
  • Charge of $5 for each advance from the loan
  • Minimum advance of $50

*Some restrictions may apply. Not all accounts are eligible. Overdraft services can be revoked at any time.