Call. Write. Send a secure e-mail. Debit Card Opt-In

Overdrafts and Overdraft Fees

An overdraft occurs when you do not have enough money available in your account to cover a transaction, but Tower pays it anyway. Tower covers overdrafts in two ways:

  • Standard overdraft practices that come with your account.
  • Overdraft protection plans, such as a link to a savings account or to an overdraft line of credit, which may be less expensive than standard overdraft practices.

What are the standard overdraft practices that come with my account?

Tower authorizes and pays overdrafts for the following types of transactions:

  • Checks and other transactions made using your checking account number.
  • Automatic bill payments

Tower does not authorize and pay overdrafts for the following types of transactions unless you authorize us to pay them.

  • ATM transactions
  • Everyday debit card transactions

Tower pays overdrafts at our discretion, which means we do not guarantee that we will always authorize and pay any type of transaction. If we do not authorize and pay an overdraft, your transaction will be declined.

What fees will I be charged if Tower pays my overdraft?

  • Under Tower's standard overdraft practices, there will be a fee of up to $25 each time we pay an overdraft. There is no limit on the total fees we can charge you for overdrawing your account.
To learn more about overdrafts and fees, send a secure e-mail, visit a branch or call the Member Service Center at 301-497-7000 or 800-787-8328 

LockHome Banking Login

Sign Up | Demo | Learn More | Help

Login > Forgot Your Password?

New User? Enter your numeric
Tower Talk 24 PIN as your password.

Browser Compatibility Link
FREE Home Banking

Secure online access to your accounts 24/7. Sign up today.

47,000 Free ATMs Nationwide

Search >