Overdraft Services
Overdraft Protection
Overdraft Protection can be made available by linking one of your qualifying First Federal Savings deposit accounts to your N.O.W. or checking account.
If your NOW goes in the negative, funds will be transferred from your savings account in $0.01 increments. The funds must be available in your other account. Each day there is a transfer you are charged a fee out of the account the funds came out of.
Line of Credit Overdraft Protection
We also offer an Overdraft Credit Line as a loan product.
Credit-line is the same as above accept the money comes out of a loan account. This must be approved by a loan officer or manager. Loans go up to $500.00. Over $500.00 loan applications must be filled out. The repayment of principle and interest will be automatically deducted from your NOW account.
Bauer Fianancial, an independent national bank rating organization, has again rated FFSL with the highest possible rating of 5 stars.