River Bank is about to make your life less stressful with the introduction
Bounce Protection. Now, for qualified checking
account holders, we’re pleased to offer this valuable
service for your personal Checking or Money
Market Plus accounts...and peace of mind.
Bounce Protection is an overdraft privilege requiring no
action on your part. You do not have to sign anything.
Your overdraft privilege (Bounce Protection limit)
amount will be automatically assigned.
How does Bounce Protection work?
As long as you maintain your account in good standing,
Ohio River Bank may honor overdrafts up to the
Bounce Protection‚ limit on your account. If you use
Bounce Protection‚, you should remember the bank’s
normal non-sufficient funds (NSF) fee(s) for each
transaction will be deducted from your limit. As in the
past, the bank will notify you by mail when an overdraft
How do I know when I reach the overdraft limit?
You will receive an overdraft notice in the mail each time
items are paid. The notice will show the check number,
amount and the NSF fee. You should subtract total fees
from your checkbook. Remember, the fee for paying an
item is the same as for returning one.
What if I go over my Bounce Protection limit?
Overdrafts above and beyond your established Bounce
Protection limit may result in a check or checks being
returned to the payee. The normal NSF fee will be
charged per check and assessed to your account. An
NSF notice will be sent to notify you of our actions.
Can I get Bounce Protection
on two separate accounts?
Yes. If you have multiple personal Checking or Money
Market Plus accounts for your household, you may
have a limit on all eligible accounts.
What are some of the
ways to access Bounce Protection?
You may access your Bounce Protection through:
- ATM transactions
- MasterMoney™ Card
and other debits cashed at teller windows
- Checks issued to
a third party
- All transactions
that currently are honored through your account
How quickly do I have to repay Bounce Protection?
You should make every attempt to bring your account
to a positive balance as quickly as possible. If you are
not able to do so, you will receive a letter from Ohio
River Bank informing you of the situation and your
options. If, after a period of time, your account has not
been brought into a positive balance, we will have no
option but to close your account and take other steps
to recover funds.
How much does Bounce Protection cost?
There is no additional cost associated with this
privilege if you bring your account to a positive
balance once every 30 days. As stated previously, you
should keep in mind that you will be charged an NSF
fee for each check paid under the limit.
What is the Bounce Protection limit?
Your Bounce Protection‚ limit is determined by your
account type. For more information concerning your
Bounce Protection‚ limit, see your New Account
How soon can I use
If you are a new active account holder, you will
able to use the overdraft privilege 30 days after the
account is opened.
If you have additional questions or would like more
information, call or come by any of our office locations