Common use of HOW THIS PLAN WORKS Clause in Contracts

HOW THIS PLAN WORKS. If the funds available in your checking account are not sufficient to cover an item presented for payment, an advance will occur from your Checking Overdraft Line of Credit. The amount advanced will be the exact amount (subject to your credit limit) necessary to pay this item. The Credit Union, however, is not required to make ad- vances to you under this Plan and can refuse a request for an advance at any time.