Statement Draw

Statement Draw

Create a financial cushion to cover any overdrafts on your checking account.

Protect yourself from costly overdraft fees by opening a Statement Draw account. You'll earn interest at a competitive rate and you''ll be covered in the event of an overdraft.

  • Links to your Savings Bank of Danbury checking account and automatically transfers money to your account, as needed
  • Provides peace of mind and allows you to avoid fees related to nonsufficient funds 

*A linked checking account is required. A $10 overdraft protection transfer fee is charged on the savings account each day that the draw is utilized to cover an overdraft. Interest is compounded continuously and paid monthly.

Apply Now