Life happens! 

Heritage First Bank understands that unexpected overdrafts occur from time to time – Overdraft Coverage can help.

Consider these ways to cover overdrafts:

Service Cost
Overdraft Protection Link to Another Deposit Account You Have at Heritage First Bank1  $0 Fee Per Transfer
Ready Reserve Line of Credit1,2 Subject to Interest
Overdraft Privilege

$32 Overdraft Fee Per Item

1Call us at 706-232-5600, email us at, or come by a branch to sign up or apply for these services;

2subject to credit approval.

Overdraft Protection and Ready Reserve - Applies to all transactions and may help prevent overdrafts by automatically transferring funds to your checking account from another account or Ready Reserve line of credit you may have at Heritage First Bank for a finance charge.  Please note that overdraft lines of credit are subject to credit approval.

Overdraft Privilege - Allows you to overdraw your account up to the disclosed limit for a fee to pay a transaction.  Even if you have Overdraft Protection and/or Ready Reserve, Overdraft Privilege is still available as secondary coverage if the other protection source is exhausted.  Please review the "What Else You Should Know" for other important information.

Transactions Covered With Overdraft Privilege

  Standard Coverage (No Action Required) Extended Coverage (Your Consent Required on Consumer Accounts)*
Checks Yes Yes
ACH - Automatic Debits Yes Yes
Recurring Debit Card Transactions Yes Yes
Online Bill Pay Items Yes Yes
Internet Banking Transfers Yes Yes
Teller Window Transactions Yes Yes
ATM Transactions No Yes*
Everday Debit Card Transactions No Yes*

If you would like to select Extended Coverage for future transactions, call us at 706-232-5600, visit any branch, complete a consent form by clicking the link below and mail it to us at Heritage First Bank, ATTN: OPM, P.O. Box 5184, Rome, GA 30162-5184, or email us at

Extended Coverage Consent Form

*If you choose Extended Coverage on your consumer account, ATM transactions and everday debit card transactions will be included with the transactions listed under Standard Coverage.  If  you already have Overdraft Privilege Extended Coverage, it is not necessary to request it again.  Business Accounts automatically have Extended Coverage.

You can discontinue the Overdraft Privilege in its entirety by contacting us at 706-232-5600 or sending us an email at

What Else You Should Know

• A link to another account or a Ready Reserve line of credit may be a less expensive option than an overdraft. A single larger overdraft will result in just one fee, as opposed to multiple smaller overdrafts. Good account management is the best way to avoid overdrafts.  Use our mobile banking and internet banking services to keep track of your balance. For additional financial education resources, please visit or

• The $32 Overdraft Fee that is charged if you overdraw your account is the same fee amount that is charged if an item is returned as unpaid. If multiple items overdraw your account on the same day, each item will be assessed an appropriate Overdraft Fee or a Returned Item Fee of $32. All fees and charges will be included as part of the Overdraft Privilege limit amount. Your account may become overdrawn more than the Overdraft Privilege limit amount because of a fee.

• If an item is returned because the available balance in your account is not sufficient to cover the item and the item is presented for payment again, Heritage First Bank will charge a Returned Item Fee each time it returns the item because it exceeds the available balance in your account. If, on representment of the item, the available balance in your account is sufficient to cover the item Heritage First Bank may pay the item, and, if payment causes an overdraft, charge an Overdraft Fee.

• For consumer accounts, there is a limit of 5 Overdraft Fees ($160) per day we will charge. We will not charge an Overdraft Fee if a consumer account is overdrawn by $10 or less. These exceptions do not apply to business accounts.

• This describes the posting order for purposes of determining overdrafts. Our general policy is to post all credits before debits. Heritage First Bank processes transactions in order by effective date, within transaction code order.  Any forced pay items are processed first followed by debit card transactions, internal debits, Automated Clearing House (ACH) items; these items are processed by amount, low to high.  Cashed checks, checks deposited at Heritage First Bank, and checks deposited at other banks are processed in serial number order.  This facilitates neutral processing of items.  The processing order of these items is important because if there is not enough money in the account to pay for the items in the order they are processed in accordance with the processing order, there may be an overdraft on your account which may result in overdraft or returned item fees or an increase in the amount of these fees. However, because of the many ways we allow you to access your account, the posting order of individual items may differ from these general policies. Holds on funds (described herein) and the order in which transactions are posted may impact the total amount of Overdraft Fees or Returned Item Fees assessed. 

• Although under payment system rules, Heritage First Bank may be obligated to pay some unauthorized debit card transactions, Heritage First Bank will not authorize debit card or ATM transactions unless your account’s available balance (including Overdraft Coverage Options) is sufficient to cover the transactions and any fee(s). 

• Giving us your consent to pay everyday debit card and ATM overdrafts on your consumer account (Extended Coverage) may result in you incurring Overdraft Fees for transactions that we would otherwise be required to pay without assessing an Overdraft Fee. However, this would allow us to authorize transactions up to the amount of your Overdraft Privilege limit and may also help you avoid overdrafts in excess of your available balance that could result in suspension of your debit card. If you consent to Extended Coverage on your consumer account, it will remain on your account until it is otherwise withdrawn. 

• Heritage First Bank authorizes and pays transactions using the available balance in your account. Heritage First Bank may place a hold on deposited funds in accordance with our Account Agreement, which will reduce the amount in your available balance.  The available balance for checks, ACH items, and recurring debit card transactions is comprised of the ledger balance, less any holds on deposited funds and any debit card holds, plus the amount of the Overdraft Privilege limit and any available Overdraft Protection and/or Ready Reserve line of credit. The available balance for ATM and everyday debit card transactions on accounts with Standard Coverage is the ledger balance, less any holds on deposited funds and any debit card holds, plus any available Overdraft Protection and/or Ready Reserve line of credit, but does NOT include the Overdraft Privilege Limit. For accounts with Extended Coverage, the Overdraft Privilege Limit is included in the available balance for authorizing ATM and everyday debit card transactions. 

• Please be aware that the Overdraft Privilege amount is not included in your available balance provided through online banking, mobile banking or Heritage First Bank’s ATMs.

• Heritage First Bank will place a hold on your account for any authorized debit card transaction until the transaction settles (usually within two business days) or as permitted by payment system rules.  In some cases, the hold may exceed the amount of the transaction.  When the hold ends, the funds will be added to the available balance in your account.  If your account is overdrawn after the held funds are added to the available balance and the transaction is posted to the available balance, an Overdraft Fee may be assessed.

• Except as described herein, Heritage First Bank will not pay items if the available balance in your account (including the Overdraft Privilege limit, if applicable) is not sufficient to cover the item(s) and the amount of any fee(s).

• Heritage First Bank may suspend your debit card if you incur overdrafts in excess of the available balance in your account, including any Overdraft Privilege limit (as described herein). Debit cards on your account will remain suspended until you make sufficient deposits so that your available balance, taking into account any Overdraft Privilege limit, is positive.

• Heritage First Bank may also suspend your debit card if your account is overdrawn more than 32 consecutive calendar days. Debit cards on your account will remain suspended until you make sufficient deposits so that your account balance is positive.

• Heritage First Bank may also suspend your debit card if we are unable to contact you due to an incorrect mailing address or phone number(s). You must contact us with your correct mailing address and/or phone number(s) to have your debit card reinstated. 

• If your debit card is suspended, you will be unable to use your debit card(s) for purchases or to access your account(s) associated with the debit card(s) at the ATM while your debit card is suspended.  If you use your debit card for recurring payments, e.g., utilities, you are responsible to make other arrangements for your recurring debit payment(s).

• An Overdraft Privilege limit of $500 will be granted to eligible consumer checking accounts opened at least 35 days in good standing.

• An Overdraft Privilege limit of $1,000 will be granted to eligible Business Checking accounts opened at least 60 days in good standing.

• Overdraft Privilege is not a line of credit; it is a discretionary overdraft service that can be withdrawn at any time without prior notice. 

• Overdraft Privilege may be reduced if you default on any loan or other obligation to us or your account becomes subject to any legal or administrative order or levy. Your Overdraft Privilege limit may be reduced if you have a loan that is 30 days past due or fail to maintain your account in good standing by not bringing your account to a positive balance within 32 days for a minimum of one business day. You must bring your account balance positive for at least one business day to have the full Overdraft Privilege limit reinstated.

• Depositor and each Authorized Signatory will continue to be liable, jointly and severally, for all overdraft and fee amounts, as described in the Account Agreement. The total (negative) balance, including all fees and charges, is due and payable upon demand.


If you have any questions about your Overdraft Coverage Options, please call us at 706-232-5600 or visit a branch.