Your Options for Overdraft Protection
All eligible checking accounts come with Courtesy Pay 30 days after the account is opened, but you do have other choices. The table below describes all the options you can use to protect your account from overdrafts.
If you have any additional questions about the features described below, please call us at 925.447.5001.
| Courtesy Pay (Checks & ACH Only) | CourtesyPay Plus (All Services) | Overdraft Account Transfer | Overdraft Line of Credit | Overdraft UNCLE Credit Card | No Overdraft Coverage |
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|---|---|---|---|---|---|---|
| How does it work? | Instead of a transaction being returned or declined, UNCLE may pay the transaction on your behalf. | Instead of a transaction being returned or declined, UNCLE may pay the transaction on your behalf. | Funds from your UNCLE savings and/or money market account will be automatically transferred to your checking account to cover the transaction (subject to available funds). | Funds from your UNCLE Personal or Home Equity Line of Credit will be advanced to your checking account to cover the transaction (subject to available funds). | Funds from your UNCLE credit card will be advanced to your checking account to cover the transaction. | Checks and electronic (ACH) transactions will be returned unpaid. Automatic recurring debit card transactions will be declined. Everyday debit card transactions will be declined at the point of sale or when you swipe and sign. |
| What does it cover? | Checks Other transactions made using your checking account number Automatic recurring/electronic transfers (ACH) | Checks Other transactions made using your checking account number Automatic recurring/electronic transfers Everyday debit card transactions ATM transactions | Checks Automatic recurring debit card transactions Electronic transfers (ACH) Everyday debit card transactions | Checks Automatic recurring debit card transactions Electronic transfers (ACH) Everyday debit card transactions | Checks Automatic recurring debit card transactions Electronic transfers (ACH) Everyday debit card transactions | N/A |
| What does it cost? | $35.00 per transaction. After the transaction is paid by UNCLE, you'll be asked to make a deposit to cover the negative balance in your account. | $35.00 per transaction. After the transaction is paid by UNCLE, you'll be asked to make a deposit to cover the negative balance in your account. | $5.00 per transfer. | Free for the advance. Daily interest is charged on the outstanding balance. | Amount transferred will be charged a 2% cash advance fee, and daily interest is charged on the outstanding balance. | Transactions will be charged a $35.00 Non-Sufficient Funds-Item Returned fee. |
| Are there any restrictions? | Everyday debit card and ATM transactions will be declined. Other transactions will be paid up to your Courtesy Pay Limit. | Transactions will be paid up to your Courtesy Pay Limit. | Limited to 6 permonth by Regulation D. | If your loan payment is late, the transaction may not be processed. | If your credit card payment is late, the transaction may not be processed. | N/A |
| How do I sign up? | Eligible members are automatically enrolled after 30 days. | Call us at 925.447.5001 or stop by a financial center. | Through Online Banking* or call us at 925.447.5001. | Through Online Banking* or call us at 925.447.5001. | Through Online Banking* or call us at 925.447.5001. | Call us at 925.447.5001, if you'd like to opt out of Courtesy Pay. |
| How do I make changes? | Call us at 925.447.5001 or stop by a financial center. | Call us at 925.447.5001 or stop by a financial center. | Through Online Banking* or call us at 925.447.5001. | Through Online Banking* or call us at 925.447.5001. | Through Online Banking* or call us at 925.447.5001. | Call us at 925.447.5001. |
If you find yourself continuously using one of these features or are having trouble keeping your account from going negative, we encourage you to contact our partner, GreenPath Financial Wellness. Our partner offers free and confidential financial counseling and education, click here to visit their website or call them at 877.337.3399.
