Update Browser: you are currently trying to view the First Merchants site using an outdated browser. In our commitment to your security, and in keeping with industry standards, we no longer support the browser you are using. Learn more.

Overdraft Protection

Are You Covered? Protect your accounts.

Picture of woman handing credit card to clerk

What You Need to Know about Overdrafts and Overdraft Fees

An overdraft occurs when you do not have enough money in your account to cover a transaction, but we pay it anyway. First Merchants has a variety of options to protect yourself and your accounts from declined transactions. 
We can cover your overdrafts in different ways:
  1. We apply our normal overdraft practice to your account
  2. We also offer optional Overdraft Protection Options, below:

Overdraft Protection Transfers

Use another First Merchants account as a backup in case your checking account is overdrawn. We’ll automatically transfer funds from your linked account if you need them. Link your account to a secondary checking, savings, money market or home equity line of credit.

Ready Reserve Line of Credit

Use a First Merchants line of credit (unsecured) as an automatic backup to your checking account. Just pay interest on the amount you borrow (annual fee applies)! Subject to credit approval.

Does your checking account have complete overdraft protection? Opt in or enroll today to protect yourself and your account from the unexpected. To learn more, click the links above, or ask us about Overdraft Protection Options. Call us at 1.800.205.3464 or stop in to your nearest banking center to enroll or opt in.


Open a personal checking, savings, or CD account online in about 10 minutes, anytime you like! You’ll just need some identification documents and a way to make an opening deposit; our system will guide you through the process.