Another way you can protect your checking account from overdrafts is by establishing a Select Overdraft Protection Line of Credit. You may access your Select Line of Credit by writing a check that overdraws your First National Bank of Georgia checking account.
Your Select Overdraft Protection Line of Credit will make advances to your checking account in increments of $50. Your loan payment will be 5% of the loan balance or a minimum of $10, whichever is greater.
The amount of your Select Overdraft Protection Line of Credit will vary depending upon your personal income, needs, and financial condition. However, the minimum loan amount is $500. If you are interested in Select Overdraft Protection, please see one of our customer service representatives at any of our conveniently located FNBGA branches.
| Annual Percentage Rate (APR): | 14.99% Fixed Rate |
| Variable-Rate Information | N/A |
| Grace Period for Repayment of Balances | None, accrues interest from the date transaction is posted. |
| Method of Computing Balances | Average Daily Balance |
| Annual Fees | First year free - $25 annually thereafter |
| Fees for Late Payment | 5% of minimum payment due if not received within 10 days of the payment due date or $1.00, whichever is greater. |
