Overdraft Protection Services. If you have a personal or fiduciary account, you may be able to obtain limited overdraft coverage for an item presented to us for payment from your account (or payment of any service fee from, or charge assessed against, your account) when there are insufficient funds in your account. We offer three (3) types of Overdraft Protection services as described below. However, you may select only one (1) type of Overdraft Protection service to provide this coverage, and the maximum dollar amount of coverage available to you will depend on the type of Overdraft Protection service that you select.
Overdraft Protection Services. If you have a Consumer Banking account, you may be able to obtain limited overdraft coverage for an item presented to us for payment from your account (or payment of any service fee or charge you incur on your account) when there are insufficient funds in your account. We offer three (3) types of Overdraft Protection Services. Overdraft Protection Services may not be available on all account types. For each account, you may enroll in only one (1) type of Overdraft Protection Service. The maximum dollar amount of coverage that may be available to you will depend on the type of Overdraft Protection Service you have selected.
Overdraft Protection Services. We offer discretionary overdraft services (Overdraft Advantage and Extended Coverage) to cover overdrafts on your checking accounts. Overdraft Advantage is offered to all eligible consumer checking account owners, who qualify and remain in good standing with the Credit Union. An overdrawn balance must be repaid within 32 days. We may not pay items under your Overdraft Advantage if you do not maintain your account in good standing by bringing your account to a positive balance within every 30 day period for a minimum of 24 hours, if you default on any loan or other obligation to Northwest Community CU or if your account is subject to any legal or administrative order or levy.
Overdraft Protection Services. We offer three levels of overdraft protection. The first level is called Overdraft Savings Transfer. This service transfers available funds from your designated savings account, or line of credit, to pay a transaction when your Checking Account does not have sufficient available funds. We determine whether sufficient funds are available when the transaction is presented to us for settlement. We may charge an Overdraft Protection Transfer fee for this service as set forth in the Fee Schedule. This fee is less than the fee for the Non- Return Privilege service described below. To use this service, you must enroll and designate the priority of your Automatic Overdraft Protection sources on the Application or other form we have designated. The second level of overdraft protection is called Non-Return Privilege (NRP). This service is extended to all eligible members. NRP is provided pursuant to our discretionary Non-Return Privilege Policy as a non-contractual courtesy. It is not a line of credit and it is not guaranteed. However, in the event you write a check or initiate an ACH, online bill payment, or recurring debit card transaction and sufficient funds are not available in your Checking Account to pay the transaction, and if there are no other sources of overdraft protection available, we will strive to pay your reasonable overdrafts if your Account is in good standing and you continue to meet eligibility requirements. The third level of overdraft protection extends the NRP service to your everyday (one-time) debit card transactions. To use this service, you must affirmatively opt-in to NRP for and everyday debit card transactions by contacting us. Both levels of the NRP service may charge a Non-Return Privilege fee as set forth in the Fee Schedule when a transaction is paid using the service. The amount of NRP approved for your Checking Account may vary and is subject to change at any time based on certain membership factors such as age of Account, deposit activity and history, and overdraft activity and history, including repayment history. If you no longer want an overdraft protection service in which you are enrolled, you may opt-out of any level at any time by calling or writing to us. Please refer to our Non-Return Privilege Policy for eligibility requirements and additional information about the NRP service.
Overdraft Protection Services. For payments scheduled in Bill Payment, certain Overdraft Protection Services may include the unused credit limit on a Preferred Credit Loan Account linked to the Pay From Account and/or the Overdraft Privilege Limit associated with the Overdraft Privilege Service available on the Pay From Account. See the Deposit Account Agreement for full details of these Overdraft Protection Services and our Schedule of Fees for applicable fees. You may cancel or edit any Scheduled Payment (including recurring payments) that has not yet been processed by following the directions within Bill Payment. There is no charge for canceling or editing a Scheduled Payment. Once Bill Payment has begun processing a payment, it cannot be cancelled or edited, therefore, a stop payment request must be submitted. If you want to attempt to stop any payment initiated in Bill Payment that has already been processed, you should contact the First Bank Service Center at 1-800-760-BANK (2265) or you may use the stop payment feature within eBanking “Stop Checks”. First Bank requires a reasonable opportunity to act on any stop payment request after an electronic payment has been processed. First Bank's ability to process a stop payment request will depend on the payment method and whether or not the payment has cleared. Although First Bank will make a reasonable effort to accommodate your request, First Bank will have no liability for failing to do so. First Bank may also require you to present your request in writing within fourteen (14) calendar days. The charge for each stop payment order will be the current charge for such service as set out in the applicable Schedule of Fees.
Overdraft Protection Services. For payments scheduled in Pay People where funds are being sent from your Account to a Recipient, certain Overdraft Protection Services may include the unused credit limit on a Preferred Credit Loan Account linked to the Account and/or the Overdraft Privilege Limit associated with the Overdraft Privilege Service available on the Account. See the Deposit Account Agreement for full details of these Overdraft Protection Services and our Schedule of Fees for applicable fees.
Overdraft Protection Services. For transfers scheduled in External Transfer where funds are being transferred from your Account to an External Account, certain Overdraft Protection Services may include the unused credit limit on a Preferred Credit Loan Account linked to the Account and/or the Overdraft Privilege Limit associated with the Overdraft Privilege Service available on the Account. See the Deposit Account Agreement for full details of these Overdraft Protection Services and our Schedule of Fees for applicable fees.
Overdraft Protection Services. There are three overdraft protection services Mission Fed may use to pay an overdraft on your account, and in some cases a fee will be charged for each item paid using an overdraft protection service. Refer to the current Consumer Fee Schedule for the different fee amounts you may pay depending on the type of overdraft protection service used. Transactions may not be processed in the order in which they occurred. The order in which transactions are received and processed may affect the total fees you are charged, and fees may decrease the amount available for transaction authorization under these overdraft protection plans. You must be at least eighteen (18) years of age to qualify for overdraft protection services.
