What is an overdraft? An overdraft occurs when you do not have enough money in your account to cover a transaction. In the event that this happens, your transaction may be denied or returned. However, here at Montana First we believe every member deserves some consideration rather than automatically returning insufficient funds. This is why we offer members Overdraft Privilege and other overdraft protection plans.


Overdraft Privilege (our standard overdraft protection)


In the event that an overdraft occurs on your account Montana First will consider, without obligation on our part, payment of your insufficient funds up to the assigned Overdraft Privilege limit. Overdraft Privilege is a cost effective solution for those who occasionally make a mistake when balancing their account and go below a zero balance. Overdraft Privilege can save you the embarrassment and inconvenience of returned checks and late payment fees.


Here is how Overdraft Privilege works:

We will automatically authorize and pay overdraft items for the following types of transactions:

  • Checks
  • Automatic bill payments
  • Other transactions using your checking number.


When Overdraft Privilege is initiated by a member, due to insufficient funds, a fee of up to $31 will be applied to each insufficient funds item. If at any time you would like to opt out of this service or review your use of service please give us a call at


800-852-5316.Other overdraft protection plans:

With an overdraft protection plan you can link your checking account to a share account, Montana First Visa, or line of credit. In the event that your checking account goes below a zero balance, money will be transferred from your share account, Montana First Visa, or line of credit to cover the insufficient funds in exchange for a small fee:


From Overdraft Shares ------------------------------------------------$1.50/occurrence
From other Share account --------------------------------------------$3.00/occurrence
From Line of Credit -----------------------------------------------------$3.00/occurrence
From Visa -----------------------------------------------------------------$3.00 or 3% of transfer


For more information or to sign up for an overdraft protection plan please contact a member service representative at 800-852-5316.

Download the opt-in form