We understand that life gets busy. If in between juggling work appointments and day care pickups you find yourself inadvertently overdrawing your checking account or if you worry about not having enough money in your account for an unexpected expense, we’ve got you covered with convenient options for overdraft coverage.
Consider the following three options to have more control of your life’s unexpected expenses:
Automatic Savings Transfers
Link your checking and savings accounts so if your checking account gets overdrawn, we’ll automatically move money from your savings account to cover it.
Line of Credit
Apply for a line of credit1 to ensure you always have the money available to spend when you need it. IF you overdraw your checking account, money will advance from your approved line of credit.
Overdraft Privilege2 allows you to overdraw your account up to the disclosed limit for a fee on checks, bill pay items and recurring debits.
- A $30 fee will be assessed for each overdraft
- Total overdrafts cannot exceed your disclosed amount, including fees
- 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.
With Extended Coverage, this service is available to cover overdrafts caused by ATM and one-time debit card transactions in addition to check, bill pay items and recurring debits.
ATM/check card overdrawn fee1$30 per card transaction that is paid when there are insufficient funds in the account.
Returned ACH fee1$30 per ACH transaction.
Returned check deposit fee$15 per deposited check.
Returned check draft fee1$30 per returned check.
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:
- Call us at 800-862-1998
- Visit one of our convenient branch locations
- Complete the Extended Coverage Consent Form
1Overdraft lines of credit are subject to credit approval.
2Overdraft payment by the credit union is a discretionary courtesy and not a right of the member or an obligation of the credit union. This privilege for consumer share draft accounts will be limited to a maximum amount of $800 overdraft (negative) balance. Transaction types that are eligible for Overdraft Privilege include, and are limited to: ACH transactions, debit card transactions, drafts and On-Us checks at the teller counter. For one-time debit card transactions, you must have previously opted-in for Overdraft Privilege or the transaction will be declined. You must bring your account balance positive within every 30-day period for a minimum period of 24 hours. The credit union, at its discretion, can cancel this protection and cease paying overdrafts at any time without prior notice of reason or cause.