Overdraft Protection

Overdraft protection is a new service that allows us to pay a check written on our member’s checking account even if it causes the account to become overdrawn.  That means, instead of returning a check to the merchant because of insufficient funds, the Credit Union will pay your check.  This saves you the additional fees from the merchant, the embarrassment of an inadvertent overdrawn check, and can even help protect your credit rating. 

Overdrafts on your checking account may be covered up to $500, provided your membership is in good standing and has been open at least 60 days.  A $25 fee will be assessed for each item that draws your account negative.  You have up to 30 days to bring the account current.  If you have established other overdraft protection methods, such as automatic transfer from your other accounts, we will always look to pay any overdrafts with that method first before utilizing Overdraft Protection and imposing the $25 fee.

All members in good standing are provided with this service automatically and at no cost.  If for some reason you would not like this coverage, please contact the Credit Union and request an “opt out” form.  Other restrictions may apply; contact the credit union for details.