Overdraft Protection & Courtesy Pay
Unexpected overdrafts occur from time to time. Union Square Credit Union understands. Overdraft Protection can help. Choose the option that works best for you.
Overdraft Coverage Options
| Service | Fee |
|---|---|
| Overdraft Protection link to another deposit account you have at Union Square Credit Union1 | $2 Overdraft Transfer Fee per transfer |
| Union Square Flexline Overdraft Protection Line of Credit1, 2 | Subject to interest |
| Courtesy Pay Standard or Extended Coverage | $30 Courtesy Pay fee per item presented* |
1Call us at 940-720-8000, email us at [email protected], or come by a branch to sign up or apply for these services;
2Subject to credit approval.
*Per item presented means each time an item is presented, including re-presentment.
Overdraft Protection applies to all transactions and may help prevent overdrafts by automatically transferring funds to your checking account from another account or a Flexline line of credit you may have at Union Square Credit Union for a fee or finance charge. Please note that Flexline overdraft lines of credit are subject to credit approval.
Courtesy Pay allows you to overdraw your account up to the disclosed limit for a fee to pay a transaction. Even if you have Overdraft Protection, Courtesy Pay is still available as secondary coverage if the other protection source is exhausted. Please review What Else You Should Know for other important information.
| Transactions Covered with Courtesy Pay | Standard Coverage (No action required) |
Extended Coverage (Your consent is required on consumer accounts)* |
|---|---|---|
| Checks | Yes | Yes |
| ACH - Automatic Debits | Yes | Yes |
| Recurring Debit Card Transactions | Yes | Yes |
| Online Bill Pay Items | Yes | Yes |
| Internet Banking Transfers | Yes | Yes |
| Telephone Banking | Yes | Yes |
| Teller Window Transactions | Yes | Yes |
| ATM Transactions | Yes* | |
| Everyday Debit Card Transactions | Yes* |
*If you choose Extended Coverage on your consumer account, ATM transactions and everyday debit card transactions are included with the transactions listed under Standard Coverage. If you already have Courtesy Pay Extended Coverage, it is not necessary to request it again. Business accounts automatically have Extended Coverage.
If you would like to select Extended Coverage for future transactions:
- Call us at 940-720-8000
- Visit any branch
- Email us at [email protected]
You can discontinue Courtesy Pay in its entirety by contacting us at 940-720-8000 or sending us an email at [email protected]. If you have not already done so, please provide us with a valid email address to receive future communications via email rather than by postal service.
For additional information, please visit one of our branches or call 940-720-8000