LocationsOverdraft Protection
1st Constitution Bank Believes in giving small businesses the tools to grow. Overdraft protection, is the product you need to save you from overdraft fees. Plus, it gives you extra funds when you need them.
For information on how to apply
Email or call:
609.655.4500
Two ways to get more from your business checking account
Write yourself a loan:
Once your overdraft account is established, you can write your own loan up to the approved line amount just by writing a check. That means the added convenience plus fast and easy access to extra funds as needed.
Overdraft protection:
Cash Reserve also protects you from the inconvenience and fees that result from overdrawing your checking account. If you write a check that exceeds your balance, Cash Reserve will cover it, up to the approved amount of your credit line.
Credit Limit:
- Minimum - $5,000
- Maximum - $25,000
Payment Schedule
- Minimum monthly payment is based on 3% of the outstanding balance.
- Monthly payment of interest and principal is debited from linked checking account unless paid by you sooner.
Interest Rate
The Annual percentage Rate is fixed at 13%. The daily periodic rate is 0.03562%.
Fees
We will charge you an annual membership fee in the amount of $50. This fee will be assessed only once in a 12-month period.
News & Events
Press Releases
May
1st Constitution Bancorp Reports a 13.6% Increase In Net Income
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Jan
1st Constitution Bancorp Reports Strong Fourth Quarter and Annual Results
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