Overdraft Privilege Standard Coverage:
Overdraft Privilege Standard Coverage
allows you to overdraw your account up to $1,000 for a fee on ACH, checks, recurring debit card, online bill pay, teller window and internet/phone transactions.
- A $30 fee will be assessed for each overdraft
- Total overdrafts cannot exceed $1,000, fees not included
- Does not require credit approval
Even if you have overdraft coverage, such as a transfer from another account, Overdraft Privilege is still available as secondary coverage if the other overdraft sources are exhausted.
Overdraft Privilege Extended Coverage:
With Overdraft Privilege Extended Coverage, this service is available to cover overdrafts caused by ATM and one-time debit card transactions in addition to Standard Coverage. You must Opt-In to Extended Coverage.
How to Give Consent for Extended Coverage
Use the options below if you’re interested in extending your Overdraft Privilege coverage to include ATM and one-time debit card transactions:
3 There is no limit on the total fees we can charge you for overdrawing your account. The amount of any overdraft including fees you owe us shall be due and payable immediately. We may elect not pay items under Overdraft Privilege if you do not maintain your account in good standing by bringing your account to a positive balance within every 30-day period for a minimum of 24 hours, if you default on any loan or other obligation to TruStone Financial or if your account is subject to any legal or administrative levy. The credit union, at its discretion, can cancel this protection and cease paying overdrafts at any time without prior notice of reason or cause. You may opt out of Overdraft Protection and Overdraft Privilege at any time by calling us at 800.862.1998, or stopping by a branch. This privilege does not apply to minor accounts, trust accounts, special accounts and HSAs.