Optional Overdraft Protection Plans. As discussed in more detail above, we also offer optional overdraft protection plans, such as a link to a savings account or a Line of Credit account, which may be less expensive than our Courtesy Pay Service. To learn more, please ask us about these plans.
Optional Overdraft Protection Plans. As discussed in more detail above, we also offer the optional Overdraft Protection Service which links your checking account to a savings account, as well as other overdraft sources and may be less expensive than Courtesy Pay. To learn more, please ask us about these plans. THE BEST WAY TO KNOW HOW MUCH MONEY YOU HAVE AND AVOID PAYING OVERDRAFT FEES IS TO RECORD AND TRACK ALL OF YOUR TRANSACTIONS CLOSELY. PLEASE REVIEW THIS INFORMATION CAREFULLY. IF YOU HAVE ANY QUESTIONS, PLEASE CONTACT US AT 000-000-0000 OR VISIT ANY BRANCH.
Optional Overdraft Protection Plans. We offer optional overdraft protection plans that you may apply for, such as a personal Line of Credit loan account where your line of credit is used for overdraft protection and an Overdraft Transfer Service where funds from a linked savings account are used for overdraft protection. If you qualify for these optional services, we will look first to these services for overdraft protection before applying our discretionary Courtesy Pay Service when your account is overdrawn. A line of Credit and the Overdraft Protection Request plan may save you money on the total fees you pay us for overdraft protection.
Optional Overdraft Protection Plans. You understand that you can authorize us to link your Visa Debit Card to an overdraft protection source, including, but not limited to, a savings account, to fund any overdrafts on your checking account. Refer to our Checking Account Overdraft Agreement for additional information regarding Optional Overdraft Protection Plans.
Optional Overdraft Protection Plans. You understand that you can authorize us to link your LAPFCU Debit Card to an overdraft protection source, including, but not limited to, a savings account, to fund any overdrafts on your checking account. Refer to the section entitled “Optional Overdraft Protection Plans” in Part III of this Agreement for additional information regarding Optional Overdraft Protection Plans.
Optional Overdraft Protection Plans. We offer optional overdraft protection plans that you may apply for, such as a Personal Line of Credit loan account where your line of credit is used for overdraft protection, and an Overdraft Protection Service where funds from a linked Savings or other Share Account are used for overdraft protection. If you qualify for these optional services we will look first to see if you have been approved or asked us to establish these services prior to returning items due to NSF.
Optional Overdraft Protection Plans. We offer optional
Optional Overdraft Protection Plans. We offer optional Overdraft Protection plans that you may apply for, such as a line of credit loan account where your line of credit is used for overdraft protection, and an Overdraft Protection service where funds from a linked savings account (such as Savings or Money Market/High Yield Savings) are used for overdraft protection. If you qualify for these optional services, we will look first to these services for overdraft protection before applying our discretionary Courtesy Pay Service when your account is overdrawn. The Overdraft Protection service may save you money on the total fees you pay us for covering your overdraft transactions. To learn more, please ask us about these plans. • Overdraft Protection Transfer from Personal Line of Credit: This is a revolving line of credit, which is available to members meeting certain credit requirements. With this plan, you authorize us to automatically advance $100 to cover your overdraft from your line of credit (linked to your checking account) to cover your overdraft, up to your credit limit. You must repay what you have borrowed in full or in minimum monthly payments (in addition to any late charges, finance charges and annual fees). If you are approved for a line of credit, you will be provided with separate terms and conditions applicable to the loan.
Optional Overdraft Protection Plans. As discussed in more detail above, we also offer the optional Overdraft Transfer Service which links your checking account to a savings account, as well as other overdraft sources and may be less expensive than Overdraft Tolerance. To learn more, please ask us about these plans. NOTICE OF RECEIPT OF ACH ITEMS. Under the operating rules of the National Automated Clearing House Association which are applicable to ACH transactions involving your account and as permitted by law, we are not required to give you next day notice of receipt of an ACH item, and we will not do so. We will continue to notify you of the receipt of payments in the periodic statements we provide to you. PROVISIONAL PAYMENT (ACH RECEIPT). Credit given by us to you with respect to any automated clearing house credit entry is provisional until we receive final settlement for such entry through a Federal Reserve Bank. If we do not receive final settlement, you are hereby notified and agree that we are entitled to a refund of the amount credited to you in connection with such entry, and the party making payment to you via such entry (i.e., the originator of the entry) shall not be deemed to have paid you the amount of such entry. CHOICE OF LAW. We may accept payments on your behalf for your account which have been transmitted through one or more Automated Clearing Houses (“ACH”) and which we are not subject to the Electronic Fund Transfer Act. Your rights and obligations with respect to such payments shall be construed in accordance with and governed by the laws of the State of Michigan as provided by the operating rules of the National Automated Clearing House Association, which are applicable to ACH transactions involving your account.
Optional Overdraft Protection Plans. As discussed in more detail above, we also offer the optional Overdraft Transfer Service which links your checking account to a savings account, as well as other overdraft sources and may be less expensive than Overdraft Tolerance. To learn more, please ask us about these plans. THE BEST WAY TO KNOW HOW MUCH MONEY YOU HAVE AND AVOID PAYING OVERDRAFT FEES IS TO RECORD AND TRACK ALL OF YOUR TRANSACTIONS CLOSELY. PLEASE REVIEW THIS INFORMATION CAREFULLY. IF YOU HAVE ANY QUESTIONS, PLEASE CONTACT US AT 248.549.3838OR VISIT ANY BRANCH. Notice of Receipt of ACH Items. Under the operating rules of the National Automated Clearing House Association which are applicable to ACH trans- actions involving your account and as permitted by law, we are not required to give you next day notice of receipt of an ACH item, and we will not do so. We will continue to notify you of the receipt of payments in the periodic statements we provide to you. Provisional Payment (ACH Origination). Credits given by any Receiving Depository Financial Institution to the receiver with respect to any automated clearing house credit entries subject to Article 4A of the Uniform Commercial Code (UCC4A) are provisional until the Receiving Depository Financial Institution has received final settlement through a Federal Reserve Bank, or has otherwise received payment as provided on 4A-403(a) of UCC-4A. If the Receiving Depository Financial Institution does not receive such final settlement or payment, then they shall be entitled to a refund from the receiver of the amount so credited, and we shall not be deemed to have paid the receiver the amount of such entry. Provisional Payment (ACH Receipt). Credit given by us to you with respect to any automated clearing house credit entry is provisional until we receive final settlement for such entry through a Federal Reserve Bank. If we do not receive final settlement, you are hereby notified and agree that we are entitled to a refund of the amount credited to you in connection with such entry, and the party making payment to you via such entry (i.e. the originator Choice of Law. We may accept payments on your behalf for your account which have been transmitted through one or more Automated Clearing Houses (“ACH”) and which are not subject to the Electronic Fund Transfer Act. Your rights and obligations with respect to such payments shall be construed in accordance with and governed by the laws of the State of Michigan as provided by the operating rules of ...
