Great NorthWest may provide your account with a specific Overdraft Privilege limit depending on the type of account you have. This limit allows the account to be overdrawn up to a disclosed limit for a fee for the transaction to be paid.
If qualified:
- Consumer accounts shall receive a letter after 35 days of account opening
- Business accounts shall receive a letter after 65 days of account opening
The letter is to inform you that Overdraft Privilege has been activated on your account.
If you have additional Overdraft Protection, such as a transfer from another account, Overdraft Privilege is still available as a secondary coverage if other protection sources have been exhausted.
Please be aware that the Overdraft Privilege amount is not included in your available balance displayed through:
- Online Banking
- Mobile Banking
- Telephone Banking
- Or Great NorthWest ATMs
To learn more about coverage options, please view our Overdraft Coverage Disclosure