Overdraft Coverage Options: Safeguard Overdraft Service (SOS) and Overdraft Protection


Life happens! Evans Bank understands that unexpected overdrafts occur from time to time – Overdraft Coverage can help.


Overdraft Coverage Options

The choice is yours. Consider these ways to cover overdrafts:

Service Cost
Overdraft Protection Line of Credit1,2 Subject to interest
Safeguard Overdraft Service (SOS) $37 Overdraft Fee per item. Daily fees will apply after the 5th business day.

1Call us at 716-926-3313 for more information, or come by a financial center to sign up or apply for these services; 2Subject to credit approval.

Overdraft Protection services apply to all transactions and may help prevent overdrafts by automatically transferring funds to your checking account from a line of credit you may have at Evans Bank for a finance charge. Please note that overdraft lines of credit are subject to credit approval.

Safeguard Overdraft Service (SOS) allows you to overdraw your account up to the disclosed limit for a fee in order to pay a transaction. Even if you have overdraft protection, Safeguard Overdraft Service (SOS) is still available as secondary coverage if the other protection source is exhausted. Please review the What Else You Should Know section for other important information.

Transactions Covered with Safeguard Overdraft Service (SOS) Standard Coverage (No action required) Extended Coverage (Your consent required on consumer accounts)*
Checks X X
ACH – Automatic Debits X X
Recurring Debit Card Payments X X
Online Bill Pay Items X X
Internet Banking Transfers X X
Telephone Banking X X
Teller Window Transactions X X
ATM Withdrawals X*
Everyday Debit Card Transactions X*

*If you choose Extended Coverage on your consumer account, ATM withdrawals and everyday debit card transactions will be included with the transactions listed under standard Coverage. If you already have Extended Safeguard Overdraft Service (SOS) coverage, it is not necessary to request it again. Business accounts automatically have Extended Coverage.

If you would like to select Extended Coverage for future transactions: call us at 716-926-3313, visit any financial center, or complete a consent form and mail it to us at 485 Sunset Avenue, Hamburg, NY 14075.

You can discontinue the Safeguard Overdraft Service (SOS) in its entirety by contacting us at 716-926-3313, or by visiting one of our financial center locations.