|
HSB Protect is an overdraft protection plan. This revolving line of credit protects your checking account from embarrassing overdrafts and fees. It is also an instant loan whenever you need money.
Here's how it works:
-
Apply for a credit line (the limit will be set with your budget in mind)
-
Attach the credit line to a new or existing account at Houghton State Bank
-
If your checking account balance drops below an established amount (usually set at zero), funds are advanced up to your pre-approved limit to cover the needed amount
-
Repayment can be done as one payment in full or paid back in low monthly installments
-
Interest rate on this credit line is variable, changing only once per month if a change occurs
-
No signup fees, no annual fees, no monthly fees
Stop in at one of our convenient locations to apply
For more information on this product call Houghton State Bank, (712) 623-4823 and ask for more details on HSB Protect.
 |
|
