News & Announcements

Facts about fees.

Have you ever had a situation where you are making a purchase with your debit card and suddenly realize that the check you meant to deposit is still in your wallet? You worry and wonder whether that purchase will go through. We can help ease your mind.

No worries

At Ledge Light, we provide overdraft services to cover ATM and one-time debit card transactions – saving embarrassment and the extra hassles in your already busy day. We want to be sure you are aware of the overdraft protection options available to you – to ensure your transactions are processed.

1.       We have standard overdraft practices that comes with your account.

2.       We also offer overdraft protection plans, such as an overdraft transfer from your savings account or an Executive Reserve Account, which may be less expensive than our standard overdraft

 How we handle transactions that may overdraw your account.

With our standard overdraft practices, we do authorize and pay overdrafts when you write a check or make automatic bill payments, even if you don’t have enough funds in your account.

We do not authorize and pay overdrafts for the following types of transactions until you ask us to:

1.       ATM transactions

2.       Everyday debit card transactions

What fees will I be charged if Ledge Light pays my overdraft?

Under our standard overdraft practices:

·         We will charge you a fee of up to $29 each time we pay an overdraft

·         There is no limit on the total fees we can charge you for overdrawing your account

What if I want Ledge Light to authorize and pay overdrafts on my ATM and everyday debit card transactions?

To sign-up by phone, call 866-820-4845 or stop by a service center to learn more about overdraft services and other money management tools available to help you to stay on top of your account.