Overdraft Protection Transfers

Use another First Merchants account as a backup in case your checking account is overdrawn. We’ll automatically transfer funds if you need them.

How it works:

If your checking account is overdrawn, we’ll automatically transfer funds from your linked account to cover the negative balance, in $50 increments.


Three items totaling $325 are presented against your account with a balance of $45. We would transfer $300 from your linked account and approve the items, leaving you with a balance of $20 in your account. 


$10 per transfer (If multiple items are presented in a single day, you’ll only be charged once.) Automatic transfers DO count toward transaction limits on savings accounts. Service charges may apply.