Colonial Protect

Colonial Protect does just that, it protects your account from unexpected overdrafts with a special line of credit that you pay back each month. Never bounce a check again with this revolving loan.  


It's simple!

When your checking account is presented with a check for payment in excess of your balance, funds are advanced to your account in $100 increments up to your available credit line. The total amount of your credit will depend upon qualification standards applied when you open your account.


See it with your statement

Each month you will receive a Colonial Protect activity summary with your checking account statement. If you have a balance, your minimum payment is 10% of your outstanding balance, or $25, whichever is greater. You may also check your Colonial Protect activity with online banking.  



You may pay your minimum payment, or any amount greater than that. If you do not pay by the due date shown on the statement, the minimum payment will be automatically deducted from your account.  



Colonial Protect is a revolving loan, therefore you may reuse your loan as often as you wish.