A computer scan of primary savings will be made and funds available will be transferred to cover any pending overdraft checks. If funds are not available in the primary savings, pending overdrafts will be returned and a per item charge will be incurred as stated in our Fee Schedule. If an overdraft is paid by the credit union and not returned, there may be a per item charge incurred on the checking account as stated in our Fee schedule.
Overdraft Line of CreditYou may establish a line of credit for checking overdrafts; up to $500.00 to advance in $100.00 increments as overdrafts occur. Repayable by payments of $20.00 per month. Subject to credit approval. Overdraft PrivilegeThis service requires no action on your part. This service is available only to eligible Checking Accounts. You will be notified by mail if your account meets the necessary requirements to be eligible for this service. The Overdraft Privilege costs you nothing unless you use it. Overdrafts up to $700.00 will normally be considered on eligible Premier Checking Accounts and $400.00 on Basic Checking Accounts. A non-sufficient funds fee will apply to each overdraft paid. The Overdraft Privilege Service does not constitute an actual or implied agreement between you and the credit union. Nor does it constitute an actual or implied obligation of or by the credit union. This service represents a purely discretionary courtesy or privilege that the credit union may provide to you from time to time and which may be withdrawn or withheld by us at any time without prior notice or reason or cause.
I have read and agree with the Insufficient Funds and Overdraft Options available to me.
By clicking the Submit Form button below, I am e-signing this application, and I/we agree to the terms and conditions of the Membership and Account Agreement, Truth-in-Savings Disclosure, Funds Availability Policy Disclosure, if applicable, and to any amendment the Credit Union makes from time to time which are incorporated herein. I/we have received and read the Agreement and Disclosures applicable to the accounts and services requested herein. If an access card or EFT service is requested and provided, I/we agree to the terms of and acknowledge receipt of the Electronic Funds Transfer Agreement.
By submitting this application, I certify that statements on this application are true and correct and I authorize Postal & Community Credit Union to obtain a credit check in conjunction with this application.