General Overdraft Liability. If on any day the available funds in your checking account are not sufficient to cover checks and other items (ACH, debit card or ATM card transactions) posted to your account, those checks and items will be handled in accordance with our overdraft procedures and the terms of this Agreement. If we pay a check or item that overdraws your account, you are liable for and agree to pay the overdraft amount and an insufficient funds (NSF) fee immediately. If we do not pay the check or item we will return it unpaid and you agree to pay a return item fee. We reserve the right to pursue collection of previously dishonored items at any time, including giving a payer bank extra time beyond any midnight deadline limits.
General Overdraft Liability. If on any day, the available balance in your account is not sufficient to pay the full amount of a check, transaction, fees, or other items (ACH, debit card, or ATM card transactions) posted to your account, we may return the item or pay it in accordance with our overdraft procedures and the terms of this Agreement. The Credit Union’s determination of an insufficient available account balance may be made at any time between presentation and the Credit Union’s midnight MST deadline with only one review of the account required. We do not have to notify you if your account does not have a sufficient available balance to cover checks, transactions, fees or other posted items. Your account may be subject to a fee for each item regardless of whether we pay or return the check or item. If we pay a check or item that overdraws your account, you are liable for and agree to pay the overdraft amount and an overdraft or insufficient funds fee immediately. If we do not pay the check or item we will return it unpaid and you agree to pay a return item fee. These fees are as set forth in the Rate and Fee Schedule. We may charge a fee each time an item is submitted or resubmitted for payment. Therefore, you may be assessed more than one fee as a result of a returned check or item and a subsequent resubmission of the same returned item. By covering one or any overdraft, we do not agree to cover overdrafts in the future and may discontinue covering overdrafts at any time without notice. If we pay a check or impose a fee that would otherwise overdraw your account, you agree to pay the overdrawn amount immediately, including any fee assessed. We reserve the right to pursue collection of previously dishonored items at any time, including giving a payor bank extra time beyond any midnight deadline limits.
General Overdraft Liability. If on any day, the available funds in your checking account are not sufficient to cover checks and other items (ACH, access device (debit or ATM) transactions) posted to your account, those checks and other items will be handled in accordance with our overdraft procedures and the terms of this Agreement. If we pay a check or other item that overdraws your account, you are liable for and agree to pay the overdraft amount and any nonsufficient funds fee pursuant to the rate and fee schedule. If we do not pay the check or item, we will return it unpaid and you agree to pay any applicable fee pursuant to the rate and fee schedule. We reserve the right to pursue collection of previously dishonored items at any time.
General Overdraft Liability. If on any day the available funds in your checking account are not sufficient to cover checks and other items (ACH withdrawals, debit card transactions) posted to your account, those checks and items will be handled in accordance with our overdraft procedures and the terms of this Agreement. If we pay a check or item that overdraws your account, you are liable for and agree to pay the overdraft amount and a Non-Sufficient Funds (“NSF”) or “insufficient funds” fee immediately. If we do not pay the check or item, we will return it unpaid and you agree to remit a returned item fee. We reserve the right to pursue collection of previously dishonored items at any time, including giving a payer bank extra time beyond any midnight deadlines.
General Overdraft Liability. If on any day the available funds in your checking account are not sufficient to cover checks and other items (ACH, debit card or ATM card transactions) posted to your account, those checks, and items will be handled in accordance with our overdraft procedures and the terms of this Agreement. If we pay a check or item that overdraws your account, you are liable for and agree to pay the overdraft amount and an insufficient funds (NSF) fee immediately. If we do not pay the check or item, we will return it unpaid and you agree to pay a return item fee. We may charge a fee each time a check or item is submitted or resubmitted for payment and returned. Therefore, you may be assessed more than one fee as a result of a returned item or resubmission(s) of the returned item. We reserve the right to pursue collection of previously dishonored items at any time, including giving a payer bank extra time beyond any midnight deadline limits.
General Overdraft Liability. If on any day, the available funds in your checking account are not sufficient to cover checks and other items posted to your account, those checks and items will be handled in accordance with our overdraft procedures or a Courtesy Pay Service you have with us. The Credit Union’s determination of an insufficient account balance may be made at any time between presentation and the Credit Union’s midnight deadline with only one review of the account required. The Credit Union has no duty to notify you of an insufficient funds item. The Credit Union may charge a fee for an insufficient funds item whether paid or returned as set forth in the Fee Schedule. Except as otherwise agreed in writing, the Credit Union, by covering one or any overdraft, does not agree to cover overdrafts in the future and may discontinue covering overdrafts at any time. If the Credit Union pays an item that overdraws your account, you agree to pay the overdraft amount and any applicable fee(s) immediately. A negative balance in your account as a result of a check, ACH, or recurring debit transaction may cause a negative balance fee to be assessed as set forth in the Fee Schedule. We reserve the right to pursue collection of previously dishonored items at any time, including giving a payer bank extra time beyond any midnight deadline limits.
General Overdraft Liability. If on any day the available funds in your checking account are not sufficient to cover checks and other items (ACH, debit card or ATM card transactions) posted to your account, those checks and items will be handled in accordance with our overdraft procedures and the terms of this Agreement. If we pay a check or item that overdraws your account, you are liable for and agree to pay the overdraft amount and an insufficient funds (NSF) fee immediately. If we do not pay the check or item, we will return it unpaid and you agree to pay a return item fee. We may charge a fee each time a check or item is submitted or resubmitted for payment and returned. Therefore, you may be assessed more than one fee as a result of a returned item or any resubmission(s) of the returned item. We reserve the right to pursue collection of previously dishonored items at any time, including giving a payer bank extra time beyond any midnight deadline limits. If an item is returned because the available balance in your account is not sufficient to cover the item and the item is presented for payment again, Northwest Community Credit Union will charge an Insufficient Funds (NSF) Fee each time it returns the item because it exceeds the available balance in your account. If, on representment of the item, the available balance in your account is sufficient to cover the item Northwest Community Credit Union may pay the item, and, if payment causes an overdraft, charge an Insufficient Funds (NSF) Fee.
General Overdraft Liability. If at any time, the Available Balance in your checking or savings account is not sufficient to cover checks and other items, the Credit Union will handle those checks and items in accordance with our overdraft procedures and the terms of this Membership Agreement. Other items include ACH withdrawals, ATM withdrawals, one-time debit card transactions, and person-to-person transfers) posted to your account. If we pay a check or item that overdraws your account, you are liable for and agree to pay both the overdraft amount and an overdraft fee immediately. If we do not pay the check or ACH item, we will return it unpaid and you agree to pay a Returned Item fee as described in the Fee Schedule. We reserve the right at our sole discretion to pursue collection of previously dishonored items at any time, including giving a payer bank extra time beyond any midnight deadlines. How We Process Checks and Items: The Credit Union determines an insufficient account balance at the time the check or item is presented to us, which may be later than when you conducted the transaction. WE WILL DETERMINE OVERDRAFTS BASED ON THE “AVAILABLE BALANCE” IN YOUR ACCOUNT AT THE TIME OF PRESENTMENT, subject to our Funds Availability Policy. The Credit Union has no control over the timing of when you make transactions, when merchants present checks, when payment networks present other items for payment, nor the amount placed on hold by the merchant, (e.g. holds placed at fueling stations). As such, your account’s Available Balance at the time a transaction is authorized or a check or card transaction is presented or processed for payment may be lower than your Actual Balance due to funds held for debit card transactions, holds you have authorized, or deposited checks held pursuant to our Funds Availability Policy. You can obtain your Available Balance by logging in to Digital Banking, by calling our Contact Center, or by visiting one of our branches. For example, assume your Actual Balance and Available Balance are both $50, and you swipe your debit card at a merchant for $20. The merchant places a hold on your account for $20, so your Available Balance is only $30; however, your Actual Balance is still $50. Then, before the merchant sends the charge to the Credit Union for processing, a $40 check that you wrote several days earlier is submitted for payment. Because you have only $30 available (you have committed to pay the merchant $20), if this $40 item is paid, your account will be ...
General Overdraft Liability. If on any day the available funds in your checking account are not sufficient to cover checks and other items (ACH, debit card or ATM card transactions) posted to your account, those checks and items will be handled in accordance with our overdraft procedures and the terms of this Agreement. If we pay a check or item that overdraws your account, you are liable for and agree to pay the overdraft amount and an overdraft fee immediately. The overdraft fee will apply each time a check or item is presented that occurs in an overdraft. If a check is returned and represented for payment on an overdrawn account, an overdraft fee will apply upon the presentment resulting in an overdraft. If we do not pay the check or item we will return it unpaid and you agree to pay a return item fee. We reserve the right to pursue collection of previously dishonored items at any time, including giving a payer bank extra time beyond any midnight deadline limits.
General Overdraft Liability. If on any day the available funds in your checking account are not sufficient to cover checks and other items (ACH, debit card or ATM card transactions) posted to your account, those checks and items will be handled in accordance with our overdraft procedures and the terms of this Agreement. If we pay a check or item that overdraws your account, you are liable for and agree to pay the overdraft amount and an insufficient funds (NSF) fee immediately. If we do not pay the check or item, we will return it unpaid and you agree to pay a return item fee. We reserve the right to pursue collection of previously dishonored items at any time, including giving a payer bank extra time beyond any midnight deadline limits. If an item is returned because the available balance in your account is not sufficient to cover the item and the item is presented for payment again, Northwest Community Credit Union will charge an Insufficient Funds (NSF) Fee each time it returns the item because it exceeds the available balance in your account. If, on representment of the item, the available balance in your account is sufficient to cover the item Northwest Community Credit Union may pay the item, and, if payment causes an overdraft, charge an Insufficient Funds (NSF) Fee.
