Checks, ACH, and Overdraft Advance

Overdraft Advance will be effective February 15th. Any overdraft protection you have in place currently, will remain exactly as it is now. Overdraft Advance, our version of courtesy pay will only be activated if there are insufficient funds from your other accounts (Primary savings). This service will allow you to eliminate the extra expense from the merchant for a non sufficient funds item and the potential embarrassment of having a check returned. This coverage will only be extended to you as long as your account remains in good standing. Checks, ACH, online bill payments, etc that overdraw your personal checking account will be covered through Overdraft Advance up to $500.

Effective February 15th, all ACH (Automated Clearing House) transactions will clear or be returned as soon as they process. You will no longer have the option to avoid NSF returns by depositing funds the next morning. ACH transactions that cannot be cleared due to insufficient funds will be charged a $25.00 NSF fee. Overdraft protection transfers from your primary savings account to clear an ACH from your checking account will be charged a $3 transfer fee. If you have Overdraft Advance your ACH transactions could clear as long as you do not exceed the overdraft limit of $500. We will apply an insufficient funds fee of $25.00 for each transaction that we honor and will notify you each time your overdraft advance service is activated.

Beginning February 15th, all checks will clear or be returned as soon as they process. You will no longer have the option to avoid NSF returns by depositing funds before noon the next business day. Please start preparing yourself now by monitoring your checkbook and ensuring that money is available for checks that you have written or ACH transactions you have authorized. For more information on how to keep your checkbook up to date, click here. If you have any questions, contact the credit union.