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One-Way Sweep

Overdraft Self-Defense

One-Way Sweep

Overdraft protection using your own funds.

One-Way Sweeps cover your transactions even when there are insufficient funds in your checking account to help you avoid overdraft fees–and a potentially embarrassing situation.

What is a One-Way Sweep?
One-Way Sweeps transfer, or "sweep," money from one account into another to cover transactions for which there are insufficient funds. One-Way Sweeps are set up two ways: insufficient funds transfer or maintenance funds transfer.

How does One-Way Sweep work?
Insufficient Funds Transfer: When your account is going to fall below zero, funds are swept from another account into the original account to cover the presented item.

Maintenance Funds Transfer: Keeps one account at a certain balance (determined by you) by sweeping funds from another account into the original account.

How much does One-Way Sweeps cost compared to other overdraft services?
One-Way Sweeps are a less-expensive alternative to Bounce Protection; however, you must have positive funds in another account that can be swept.

Credit Reserve One-Way Sweeps Bounce Protection
Fee per transfer or advance N/A $5 $25*
Application and credit approval required Yes No No
Annual Percentage Rate (APR) 15.00%† N/A N/A
APR for cash advances N/A N/A N/A
Automatically enrolled? No No Yes ‡
Can I opt out? N/A N/A Yes

How do I get a One-Way Sweep?
Visit one of our locations

*The fee may be imposed for overdrafts created by check, in-person withdrawal, fees, or electronic transactions other than ATM or one-time point-of-sale transactions. It may also be imposed for overdrafts created by ATM or one-time point-of-sale transactions if you have opted in to that service. You must bring your account to a positive balance, including the payment of Bank fees charged to your account, at least once every 30 days. We will not pay an overdraft if:

  • Your account is not in good standing (defined as making regular deposits and bringing your account to a positive balance, including payment of all Bank fees charged to your account, at least once every 30 days)
  • There are legal orders, liens, or levies outstanding
  • Your overdrawn balance would exceed the predetermined amount assigned to your account type

†The information about the costs of the services described on this page is accurate as of 09/06/2017. This information may have changed after that date. To find out what may have changed, call us at (800) 815-BANK (2265).

‡ Only for those 18 years or older.