To help prevent non-sufficient funds (NSF) fees due to unexpected expenses, a personal line of credit[cite::210::cite] may be right for you. Your CB&T Money Reserve Account can give you a personal line of credit to cover those unexpected expenses.

When you need funds for an unexpected expense, simply write a check, visit an ATM, or withdraw money at any of our offices. Your withdrawal will be covered up to the unused portion of your credit limit. Then, repay the loan monthly by automatic charge to your checking account or pay in full at any branch.

There is no charge for Money Reserve until you use it, so why be without it?

How It Works

Money Reserve[cite::210::cite] is a line of credit linked to your CB&T checking account. When you do not have enough money in your checking account to cover a transaction, the bank can transfer funds from a designated, eligible linked deposit account or Money Reserve line of credit (subject to credit approval) to cover the transaction.  The transfer is subject to a minimum transfer amount.

These deposits will show on your monthly checking account statement, listed as advances from your credit line. Your checking account statement will show a complete summary of Money Reserve activity, including advances, payments, interest charges and interest paid this year.

Line Amounts

Up to $25,000; minimum $500

Annual Percentage Rate

Annual percentage rate (APR) 19.80%

Terms

• Minimum payment 5% of the outstanding balance or $25, whichever is greater. Any outstanding balance less than $25 is due and payable in full
• Minimum payment is automatically deducted from the linked checking account
• Payments cannot be made using a credit card
• Activity included on monthly combined statement with linked checking account

Fees

$10 per completed transfer. A transfer fee will be charged each time an advance over $10 is made from your Money Reserve Account.

Late Payment Fee

$10.00