Related Information
Account Access
Apply Now
FAQ's
Search / Site Map
Banking Glossary
FDIC.gov
Investor Relations
SEC Filings

Demand Deposit Line of Credit

The Nexity Bank Demand Deposit Line of Credit (DDLOC) allows you to obtain loan advances on your line of credit through check writing, or by using a Nexity Bank ATM/Debit card. Loan advances as approved by Nexity Bank apply to any funds obtained from Nexity Bank that may exceed the funds available in your checking account. DDLOC would automatically advance funds into your Nexity checking account to cover items that would cause an overdraft.

DDLOC
 
Rate
Line Amounts
Transfer Fee
Overdraft Protection
18.00%APR
Up to $2,000.00
No Additional Charge


Features

  • Advances are made into your checking account when an item is presented for payment that would overdraw your account
  • Minimum payments toward the outstanding balance will be automatically deducted from your deposit account.
    • Payments may be made at any time through an on line transfer from a Nexity Bank account or by check.
  • DDLOC is offered with Personal and Interest Checking accounts
To learn more about the Nexity account that is right for you, please select from the related information links located at the right.


Customer Service
If you have questions, just call Toll Free 1-877-738-6391 and speak to a Customer Service Representative or email us at customerservice@nexitybank.com.

Apply Now!
Subject to credit approval.
     
P.O. Box 43600
Birmingham, AL 35243-3600
Phone: (205) 298-6391
Site contents Copyright 2002 Nexity Financial Corp.
Toll Free: 1-877-738-6391
Fax: (205) 298-6395