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Overdraft Protection Ready Reserve

Ready Reserve

Use a First Merchants line of credit as an automatic backup to your checking account. Subject to credit approval.

How it works:

If your account is overdrawn, we will transfer funds from your credit line to cover the negative balance.


Three items totaling $325 are presented against your account with a balance of $45. We would transfer $280 from your Ready Reserve credit line and approve the items, leaving you with a balance of $0 in your account. 


  • We will begin charging interest on the amount you borrow the day that funds are deposited into your account.
  • Normal overdraft practices apply after credit limit is exceeded.
  • Variable interest rates, annual fee $50 - please ask for details.


Have questions or need assistance? Just give us a call at 1.800.205.3464. Our Customer Service team is available weekdays from 7 a.m. until 8 p.m. ET, and from 9 a.m. until 3 p.m. ET on Saturdays.

Looking for a different number or an online form? Find it on our contact page.