Your checking account is set up automatically to overdraft from your savings in the event an item is presented for more than is available in your checking. As long as there are sufficient funds in your savings account, the funds will transfer automatically to your checking to cover the presented item.

There are limits to the number of overdrafts that can be done in one calendar month. These limits are set in place by a federal regulation called Regulation D. This regulation also limits transfers or withdrawals from a savings account, without a signature, to six (6) per calendar month. Transactions without a signature include transactions made with us over the phone, in digital banking, and automatic overdraft transfers. Any transfer or withdrawal in excess of 6 must be completed in a branch or at an Oregonians ATM.