Phoenixville Federal helps you protect yourself and your accounts with common sense options. When you write a check, use your debit card or make an automatic bill payment for more than the amount in your checking account, your account becomes overdrawn.
The best way to avoid overdraft fees is to manage your account so you do not overdraw on it. Keep track of how much money is in your checking account by:
Phoenixville Federal offers two convenient ways to protect your account and your reputation!
Please refer to the Phoenixville Federal Schedule of Services & Fees for current overdraft and transfer charges or contact your local branch to learn more.
OPT-IN to ODP Service
Overdraft Privilege or Overdraft Protection on ATM / POS Debit Card Transactions
We know that sometimes mistakes happen. That's life. Most customers appreciate that we honor their transactions so they have the convenience of making essential purchases with their debit card whenever necessary.
By agreeing to Opt-in you:
If you Opt-out, we must decline your purchase when there are insufficient funds available. It's simple and easy... and could save you time and money in the long run. See Opt-In Notice here.
On-line security is important to us and we want to help keep you safe. Our secure systems protect your information and our multi-factor sign-on process ensures that only you have access to your accounts and information via On-Line Banking. We are committed to preserving your confidential information.
Your credentials to sign onto our systems serve as your keys to access your information on-line. Here are some tips to help keep your information safe:
Will Phoenixville Federal Ask for My Password?
While Phoenixville Federal may contact a customer regarding his or her account or suspicious activities related to his or her account, we will never ask the customer to provide his or her log-in credentials over the phone or via e-mail.
If you ever suspect or have questions regarding fraudulent activity, please call 610-933-100 or visit our Contact Us page.
As a Phoenixville Federal Bank & Trust customer, you are afforded all of the protections set forth by the FDIC regarding electronic transactions (Reg E)* from ATMs, debit card use, telephone banking, point of sale terminals, or any preauthorized transfers to/from a consumer's account (direct deposits, etc.).
*Please note that Reg E protections do not cover Business Accounts, Cash Value Cards, or Gift Cards.
If you have any questions or concerns, please contact us at 610-933-1000 or visit our Contact Us page.
We suggest that business online customers perform internal risk assessments and evaluate their security controls periodically. The goal of performing a review of operational business controls will assist in the mitigation of any fraudulent or online attack schemes. This could include malware compromise, phishing, and vishing attacks.
A list of recommended controls and prudent practices that customers should implement when using the institution’s remote financial services include: