Hometown Coverage

Hometown Coverage is a discretionary, non-contractual overdraft courtesy program that may help you avoid embarrassment and merchant fees if you overdraw your checking account. This feature is a customer favorite! Certain terms and conditions apply to Hometown Coverage. Available to eligible customers only.

• Instead of returning checks, in-person withdrawals, or other electronic means as unpaid, the bank may automatically pay them for you with the use of Hometown Coverage. If you use Hometown Coverage, and we cover a transaction for which there is not enough money in your account to pay, we will consider that an overdraft.
• An Allowable Overdraft Fee (AOD) of $34 per overdraft item paid with Hometown Coverage will be applied; the imposition of fees will reduce the amount of coverage available.
• The overdraft must be repaid within 30 days. Any deposit will be applied to the overdraft balance first.
• Items presented that exceed your Hometown Coverage amount will be returned, and you'll be charged a Returned NSF fee of $34.
• You or the bank can elect to withdraw the checking account from the Hometown Coverage program at any time.

Overdraft Program Opt-In/Opt-Out Options¹

In addition to paying checks, in-person withdrawals, or other electronic transactions, participants in Hometown Coverage can also authorize The Cecilian Bank to pay overdrafts on everyday VISA® Debit Card and ATM transactions up to their maximum coverage amount.

To opt in to the overdraft service for your ATM and everyday debit card transactions, simply log in to online banking and complete the form in the Messages section, or contact one of our banking centers, or call our Customer Support Center at (270) 982-4TCB (4822).

You may revoke this option at any time.

Click here for more Hometown Coverage information

Automated Transfer

The Cecilian Bank allows a customer to establish an Automated Transfer of funds by linking a checking account to another deposit or credit account for overdraft protection.

• Advances from the account are made in multiples of $50.
• A $2 fee will be charged with each Automated Transfer; however, this may prevent an overdraft fee.
• If the presented item(s) exceed available funds in both the checking and funding accounts, the item(s) may be returned, and you may be charged a Returned NSF Fee of $34 for each returned item.

CheckLine

CheckLine is a line of credit² directly tied to your checking account to prevent overdrafts. To apply for CheckLine, contact one of our expert loan officers, who can help you with the application process.

• If approved, each CheckLine account is established on an individual basis; therefore, credit limits may extend up to a maximum of $5,000.
• Advances from the CheckLine account are made in multiples of $50.
• The monthly activity from CheckLine will be provided on the monthly checking account statement.
• The payment for CheckLine will be automatically transferred from the checking account 26 days after the checking account statement cycle date. The monthly payment will be due at an amount equal to the greater of $25 or 5% of the unpaid balance on the CheckLine.
• An annual maintenance fee of $25 will be assessed to the account in the month the application was approved.
• If the item(s) presented exceed the amount available on CheckLine, the item(s) presented may be returned, and you may be charged a Returned NSF Fee of $34 for each item returned.

Overdraft Disclaimer

The bank may, at its sole discretion, honor a withdrawal or payment request that exceeds your available account balance, resulting in an overdraft. Such approval does not obligate the bank to authorize future overdraft transactions.

If the bank pays an item on your behalf and the transaction is not covered under the Hometown Coverage program, or if you are not enrolled in Hometown Coverage, a Paid Overdraft Fee of $34 may be assessed.

Need Additional Help With Your Finances?

Discover how to access free or low-cost financial education workshops or individualized counseling and how to more effectively manage your finances by clicking one of the links below.

FDIC: Money Smart Program

The Federal Trade Commission: Choosing a Credit Counselor

Consumer Financial Protection Bureau

1. This option is available only for consumer accounts.
2. A separate qualified application is required.