Big Enough to Serve You, Small Enough to Care.
Serving our community since 1915.
Big Enough to Serve You, Small Enough to Care.
Big Enough to Serve You, Small Enough to Care.
Slovenian Savings and Loan understands that unexpected overdrafts occur from time to time.
An overdraft occurs when you do not have enough money in your account to cover a transaction. Slovenian Savings & Loan offers two services to help you avoid overdrafts on your account. Both services are optional and there are no enrollment fees. If you are enrolled in both services, Slovenian Savings & Loan will first use Sweep Coverage, which has a lower fee, to cover your overdrafts. Please review What Else You Should Know for other important information.
| Service | Cost |
| Overdraft Protection (Sweep Transfer) | No Fee |
| Overdraft Privilege | $30 Overdraft Fee per each presentment of an item. |
Overdraft Protection (Sweep Transfer) services apply to all transactions and may help prevent overdrafts by automatically transferring funds to your checking account from another account. Please fill out the Authorization to Make Auto Transfers Between Accounts Form to enroll.
Overdraft Privilege — There are two available coverages that allow you to overdraw your account up to the disclosed limit for a fee in order to pay a transaction.
As a checking account customer, you are automatically enrolled in the Standard Coverage.
Accounts will be charged the Standard Overdraft fee of $30.00 for handling each overdraft created by check, ACH, ATM withdrawal, in-person withdrawal, or other electronic item that is paid and $30.00 for items returned. Because we may charge a Return Item Fee each time an item is presented, we may charge you more than one fee for any given item as a result of a returned item and re-presentment of the item. An overdrawn balance must be repaid within 32 days. We may not pay items under your overdraft privilege if you do not maintain your account in good standing by bringing your account balance to a positive balance within every thirty two (32) day period for a minimum period of 24 hours, if you default on any loan or other obligation to Slovenian Savings & Loan or if your account is subject to any legal or administrative order or levy.
In order to have your ATM and everyday Debit Card Transactions covered, enrollment is required. Please fill out the Extended Coverage Consent Form to Enroll.
Accounts will be charged the standard Overdraft fee of $30.00 for handling each overdraft created by check, ACH, Point-of-Sale, ATM withdrawal, in-person withdrawal, or other electronic item that is paid and $30.00 for items returned. Because we may charge a Return Item Fee each time an item is presented, we may charge you more than one fee for any given item as a result of a returned item and re-presentment of the item. An overdrawn balance must be repaid within 32 days. We may not pay items under your overdraft privilege if you do not maintain your account in good standing by bringing your account balance to a positive balance within every thirty two (32) day period for a minimum period of 24 hours, if you default on any loan or other obligation to Slovenian Savings & Loan or if your account is subject to any legal or administrative order or levy.
| Transactions Covered with Overdraft Privilege | Standard Coverage (No action required) | Extended Coverage (Your consent required)* |
| Checks | Yes | Yes |
| ACH - Auto Debits | Yes | Yes |
| Recurring Debit Card Payments | Yes | Yes |
| Online Bill Pay Items | Yes | Yes |
| Internet Banking Transfers | Yes | Yes |
| Telephone Banking | Yes | Yes |
| Teller Window Transactions | Yes | Yes |
| ATM Withdrawals | No | Yes* |
| Everyday Debit Card Purchases | No | Yes* |
If you would like to select Extended Coverage for future transactions:
You can discontinue the Overdraft Privilege in its entirety by contacting us at (814) 535-7658.