Big Enough to Serve You, Small Enough to Care. Taking care of your needs since 1915.

Overdraft Options

Overdraft Coverage can help.

Slovenian Savings and Loan understands that unexpected overdrafts occur from time to time.

An overdraft occurs when you do not have enough money in your account to cover a transaction. Slovenian Savings & Loan offers two services to help you avoid overdrafts on your account. Both services are optional and there are no enrollment fees. If you are enrolled in both services, Slovenian Savings & Loan will first use Sweep Coverage, which has a lower fee, to cover your overdrafts.

Overdraft Coverage Options

Service Cost
Overdraft Protection (Sweep Transfer) No Fee
Overdraft Privilege $20 Overdraft Fee per item.

Overdraft Protection (Sweep Transfer) services apply to all transactions and may help prevent overdrafts by automatically transferring funds to your checking account from another account. Please fill out the Authorization to Make Auto Transfers Between Accounts Form to enroll.

Overdraft Privilege — There are two available coverages that allow you to overdraw your account up to the disclosed limit for a fee in order to pay a transaction.

Standard Coverage

As a checking account customer, you are automatically enrolled in the Standard Coverage.

Accounts will be charged the Standard Overdraft fee of $20.00 for handling each overdraft created by check, ACH, ATM withdrawal, in-person withdrawal, or other electronic item that is paid and $20.00 for items returned. An overdrawn balance must be repaid within 32 days. We may not pay items under your overdraft privilege if you do not maintain your account in good standing by bringing your account balance to a positive balance within every thirty two (32) day period for a minimum period of 24 hours, if you default on any loan or other obligation to Slovenian Savings & Loan or if your account is subject to any legal or administrative order or levy.

Extended Coverage

In order to have your ATM and everyday Debit Card Transactions covered, enrollment is required. Please fill out the Extended Coverage Consent Form to Enroll.

Accounts will be charged the standard Overdraft fee of $20.00 for handling each overdraft created by check, ACH, Point-of-Sale, ATM withdrawal, in-person withdrawal, or other electronic item that is paid and $20.00 for items returned.  An overdrawn balance must be repaid within 32 days.  We may not pay items under your overdraft privilege if you do not maintain your account in good standing by bringing your account balance to a positive balance within every thirty two (32) day period for a minimum period of 24 hours, if you default on any loan or other obligation to Slovenian Savings & Loan or if your account is subject to any legal or administrative order or levy.

*If you choose Extended Coverage, ATM withdrawals and everyday debit card transactions will be included with the transactions listed under Standard Coverage.
Transactions Covered with Overdraft Privilege Standard Coverage (No action required) Extended Coverage (Your consent required)*
Checks Yes Yes
ACH - Auto Debits Yes Yes
Recurring Debit Card Payments Yes Yes
Online Bill Pay Items Yes Yes
Internet Banking Transfers Yes Yes
Telephone Banking Yes Yes
Teller Window Transactions Yes Yes
ATM Withdrawals No Yes*
Everyday Debit Card Purchases No Yes*

If you would like to select Extended Coverage for future transactions:

  • call us at (814) 535-7658
  • visit any branch
  • complete the Extended Coverage Consent Form and
    1. Mail it to:
      Slovenian Savings & Loan
      361 First Street
      Conemaugh, PA 15909
    2. Or drop off at your local branch

You can discontinue the Overdraft Privilege in its entirety by contacting us at (814) 535-7658.