The Bank of Elk River serves the financial needs of individuals and businesses in Elk River, Otsego, and Zimmerman Minnesota.
An agreement that allows the bank to automatically transfer funds from the your secondary account(s) to cover insufficient funds in your primary account. All owners on the primary account must be owners on the secondary account(s).
Features & Benefits:
- Avoid overdraft charges.
- Automatically transfers when primary account balance falls below $0.
- Transfers are made in $100 increments.
- The secondary account(s) will maintain a minimum balance of $10.
$3.00 per transfer is charged to the primary account.