Call the bank. It's much better to be proactive and call them, explain the situation, etc.
You can't be arrested unless they have tried to collect from you and you have not made any restitution and then it takes several weeks.
But your best bet is to call your bank and be upfront about it and see if your boss will give you something in writing about not being able to pay you to show them.
It's better to contact them than to wait and let them contact you.