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Consumer Services

Check Line (Overdraft Line)

Many of us occasionally need overdraft coverage, whether to cover a simple checkbook mistake or to fund emergency expenses. With a Somerset Hills Bank Check Line, you can be approved, in advance, for a personal unsecured line, with a predetermined credit limit, that is linked to your Somerset Hills Bank checking account. This line will be automatically drawn against to cover checks in the event you overdraw your account. You can rest assured that your checks will be covered, up to your approved credit limit, allowing you to avoid the fees, inconveniences and complications associated with an overdraft.

A Check Line from Somerset Hills Bank offers the following benefits:

  • Trusted personal service with prompt, local decision making
  • Check Line amounts of $500 to $5,000 are available
  • Repay advances over time through convenient fixed payments
 
  • Receive a monthly statement showing your advances and payments
  • No application fees, closing costs or prepayment fees
  • Avoid the fees, inconvenience and complications of overdrafts



Check Line (Overdraft Line) - Current Rate - as of January 11, 2012

Loan TypeLoan TermAnnual Percentage Rate
Check LineRevolving14.00%

APR is subject to change and may be withdrawn at any time without prior notice.




Contact Us

If you have questions, please feel free to call or stop in at any one of our branch locations, or you may contact one of the following individuals:

Peter A. Longo
Consumer Loan Manager
(908) 630-5003
NMLS# 686607

 

James Nigro
Senior Loan Officer
(908) 630-5016
NMLS# 686608



Download an Application

We appreciate your interest in applying for a loan with Somerset Hills Bank. Click on the link below to print out an application and instructions.


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