Covered Bridge Credit

Do you have the occasional “oops” and end up overdrawing your checking account? If so, Covered Bridge Credit may be right for you.

  • It will automatically put money into your Bank of Zumbrota Checking account (if it becomes overdrawn) in increments of $100 up to your approved credit limit.
  • The low annual fee is less than a one time overdraft fee!
  • Repayment is easy. Regular monthly payments, including interest, will be deducted from your checking account until your loan is paid off. You also have the option of making additional payments or paying your loan in full at any time. We let you choose what works best for you.

Automatic Transfer

Another way to protect from overdrafts is to sign up for Automatic Transfer.

  • Automatic Transfer can be set up so that funds from your Bank of Zumbrota savings or checking account can be automatically transferred to your checking account to cover overdrafts.
  • The cost per transfer is $5.