Occasional Overdraft Protection Sweep
Occasional Overdraft Protection Sweep (OOPS!) is a service designed to protect you from overdraft fees and returned checks.
- Automatically transfers available money from your savings, money market, or another checking account in $50 increments to avoid a negative balance
- A $6 sweep fee (assessed to the account receiving the funds) is charged each time funds are swept
- The funding account must maintain a minimum balance of $300
- By regulation, certain types of accounts have transaction limitations