OPTIONS FOR KEEPING YOUR ACCOUNT COVERED
Life happens. Choose an overdraft protection plan that’s right for you.
We understand that managing finances can sometimes be challenging, which is why we've introduced these programs to provide you with added convenience and peace of mind.
With Courtesy Pay, we may cover your overdrafts for various types of transactions, subject to certain conditions. Alternatively, our Overdraft Protection Plan allows you to link your accounts, ensuring that funds are automatically transferred to cover any overdrafts.
Discover how these programs work, fees associated with them, and how you can opt-in to benefit from these services.
UNDERSTAND YOUR OVERDRAFT PROTECTION OPTIONS
LAYER 1: LINK YOUR SAVINGS ACCOUNT
Link your Savings account to cover your Checking account. In case of an overdraft, we’ll transfer money from your linked account to pay the overdraft. Funds will be transferred in increments of $100. There’s no fee for this service.
LAYER 2: LINK YOUR WCU CREDIT CARD or HELOC
Your Credit Card or Home Equity Line of Credit can be linked to cover your Checking account, ensuring a safety net for your banking needs. Increments on $100 will be transferred to your Checking account.
Example: If your transaction causes an overdraft of $105.00, $200 will be charged to your card or HELOC.
While there are no fees associated with transferring funds to cover your Checking account, keep in mind, interest will begin to accrue immediately with this layer of overdraft protection.
LAYER 3: OPT-IN TO COURTESY PAY
Courtesy Pay is an additional, valuable layer of coverage option, even if you have Overdraft Protection. If your other accounts can’t cover a transaction, the Credit Union may pay the item, up to $500. Each transaction presented, and paid, will assess a $10 fee. Please note: not all transactions are guaranteed to be paid.