Courtesy Pay Program. In accordance with our commitment to provide valued service and benefits, we may, at our discretion, pay your overdrafts that would cause your eligible checking account to have a negative balance up to the amount of your Courtesy Pay limit, which is determined by us in our sole and absolute discretion. We refer to this service as our Courtesy Pay Program. The Courtesy Pay Program is different from the Line of Credit and the Overdraft Protection plans. These “Additional Terms – Courtesy Pay Program” set forth the terms and conditions applicable to the Courtesy Pay Program.
Courtesy Pay Program. I understand and agree that you may, but you are not required to, pay items without sufficient available funds in my account(s) in accordance with the terms and conditions of your Courtesy Pay Program. Such overdrafts will be subject to a Fee. I will see the Courtesy Pay Program Agreement in your Truth-in-Savings Disclosure and Account Agreement for more information.
Courtesy Pay Program. The Credit Union offers a courtesy pay protection program that is designed to cover inadvertent overdrafts in a checking account. By signing a signature card or opening your account online, you are enrolling in this type of courtesy pay program for checks and ACH items posting to your checking account(s). If you choose, you can opt-in to obtain courtesy pay for everyday and recurring Debit Card transactions. Each item paid will be subject to a service charge set forth in the Fee Schedule. Courtesy Pay is not a line of credit and must be repaid within thirty (30) days of the account being overdrawn. Members who may need overdraft services on a recurring basis are encouraged to request other products subject to standard credit qualifications, such as an overdraft line of credit, that may reduce the costs associated with overdrafts.
Courtesy Pay Program. The Credit Union offers a courtesy pay protection program that is designed to cover inadvertent overdrafts in a checking account. By signing a signature card or opening your account online, you are enrolling in this type of courtesy pay program for checks, debit card transactions and ACH items posting to your checking account(s). Courtesy Pay is not a line of credit and must be repaid within thirty (30) days of the account being overdrawn. Members who may need overdraft services on a recurring basis are encouraged to request other products subject to standard credit qualifications, such as an overdraft line of credit, that may reduce the costs associated with overdrafts.
Courtesy Pay Program. I understand and agree that you may, but you are not required to, pay items without sufficient available funds in my account(s) in accordance with the terms and conditions of your Courtesy Pay Program. Such
Courtesy Pay Program. In this Courtesy Pay Program Agreement (“Agreement”), the word “overdraft” includes a negative balance in my Checking Account that may occur for various reasons, including, but not limited to:
Courtesy Pay Program. If you want us to authorize and pay an overdraft on your ATM and debit card/POS transactions under the Courtesy Pay Program, we may, at our discretion and not as a right of yours or our obligation to you, pay overdrafts up to an approved overdraft limit under the terms of this service. We are not obligated to pay any transaction presented for payment if your account does not contain sufficient funds. This overdraft program is not a line of credit, is not guaranteed, and is independent of other overdraft plans we may offer. Overdraft Limit/Available Balance. Upon approval of the service, the overdraft limit will be determined by an account’s prior 90- day ACH deposit activity and will be re-evaluated monthly. The Credit Union’s fees and charges and each paid transaction will be included in this limit. This overdraft limit will not be included or reflected in your actual or “available balance” of your account provided by a teller, at an ATM or POS facilities or on your periodic statements. Generally, we will not pay an overdraft in excess of any limit we have established for your account type. Also, we may refuse to pay an overdraft for you at any time, even if we have previously paid overdrafts for you. We may notify you electronically of any insufficient funds, checks, or items paid or unpaid and returned that you may have. However, we have no obligation to notify you before we pay or return any item.
Courtesy Pay Program. If you want us to authorize and pay an overdraft on your ATM and debit card/POS transactions under the Courtesy Pay Program, we may, at our discretion and not as a right of yours or our obligation to you, pay overdrafts up to an approved overdraft limit under the terms of this service. We are not obligated to pay any transaction presented for payment if your account does not contain sufficient funds. This overdraft program is not a line of credit, is not guaranteed, and is independent of other overdraft plans we may offer.
