Overdraft Protection Services

Standard Overdraft (Courtesy Pay)

When you initiate a transaction, such as writing a check or making an electronic payment, and your account balance is insufficient to cover it, a standard overdraft service provided by the credit union allows the transaction to be completed on your behalf. A fee is applied for this service. It acts as a safety net for your account, ensuring that crucial payments are honored even if you lack sufficient funds at that moment.

Debit Card Overdraft

With debit card overdraft, upon your authorization, the credit union permits you to make purchases using your debit card even if your account balance is insufficient. This means you can proceed with transactions even when your balance is low. However, a fee is charged for each transaction that results in an overdraft of your account.

Savings Account Transfer

In cases where your checking account lacks sufficient funds for a transaction, we will automatically check your linked savings account for available funds. If funds are available, we will transfer the required amount to cover the transaction, with a minimal transfer fee applied for this convenience.

Kwik Cash Line of Credit

For a more comprehensive safety net, our Kwik Cash Line of Credit provides a seamless solution. This line of credit is directly linked to your checking account, automatically covering overdrafts by transferring funds per your executed agreement. Application and credit approval are required to access this feature. A transfer fee is incurred for each use, and interest accrues on the borrowed amount until it is repaid in full.