Our Premier Protection program is one form of open-ended consumer credit and could best be described as a credit card without plastic. Rather than using a normal credit card, you can access this line of credit through the use of your State Bank checking account.
This line of credit is tied to your checking account. It is activated whenever a check or Debit Card purchase, that would normally overdraw your account, is presented for payment. You could think of it as an insurance policy against overdrafts, but it is much more. It is a pre-approved personal loan available to you at any time you need it. This line may be paid in low monthly payments.
This is a service that has been requested by quite a number of our customers. We listen, and are proud to be able to provide this service to you.