Business Overdraft Coverage

Overdraft Privilege is a standard service that allows you to overdraw your account up to a disclosed limit for a $26 Overdraft Paid Item Fee per transactions paid into overdraft and covers checks, ACH, in-person withdrawals, bill pay and internet or telephone banking transactions.

We may not pay items under this service if you do not maintain your account in good standing by bringing it to a positive balance within every thirty-two day period for a minimum of 24 hours, if you default on any loan or obligation to FNB or if your account is subject to any legal or administrative order or levy.

FNB offers other ways to protect your account from overdrafts that may be less expensive than Overdraft Privilege. For more information, click here.

First National Bank of Louisiana also offers a Sweep Service, which is your authorized transfer of funds from one FNB account to another in the event of an overdraft.

Sweep transfers take place in $100 increments (unless a different amount is requested). You must maintain a balance exceeding this minimum amount to be eligible for Sweep Services. Sweep activity is limited, as required by law, if withdrawals are from an interest bearing account.

FNB invites you to apply today for Carefree Overdraft Protection, a valuable service designed to protect your checking account from costly and embarrassing insufficient fund returned items.

Carefree Overdraft Protection is a revolving credit line tied to your checking account which transfers funds to cover your overdrafts when necessary, thereby eliminating NSF charges or fees. An advance fee of $4 will be assessed per $100 along with interest on the unpaid balance. (Maximum daily advance fee of $20)

Payments are automatically deducted from your checking account at a rate of 8% of the outstanding balance or $20, whichever is greater.

Contact your local branch to apply.