Overdraft Service. We offer a discretionary overdraft service (Overdraft Privilege) to cover overdrafts on your checking accounts. Overdraft Privilege means that we may in our discretion honor and pay your checks or items drawn against insufficient funds so that your checks or transactions are not returned unpaid. For overdrafts resulting from ATM and debit card purchase transactions you must opt-in to the Overdraft Privilege service for these accounts before we can offer the service or charge a fee for payment of any overdrafts. For all other transactions, Overdraft Privilege is made available only to members meeting specific qualifying criteria. In order to be eligible to receive Overdraft Privilege you must be a member in good standing. Other qualifying criteria may apply. Not all members may qualify. Overdraft Privilege may apply to checks you have drawn against insufficient funds in your checking account(s) with us, as well as other transfer or withdrawal request(s) you have authorized (such as, but not limited to, preauthorized transfers) for which funds are insufficient. We may, at our sole discretion, but are not obligated to, make payment on such overdrawn checks, transfers, and/or withdrawal requests in any order at our option or return the overdrawn checks, transfers, and/or withdrawal requests unpaid. Regardless, we are not liable for any action we take regarding payment or nonpayment of an overdrawn check, transfer, or withdrawal request. If we choose to pay an overdrawn check, transfer, or withdrawal request, you will be subject to a fee(s) in the amount as set forth in the accompanying Rate and Fee Schedule for each transaction. In that event, you understand and agree that you are obligated to reimburse us and you are required to deposit with us sufficient good funds to cover the overdrawn check, transfer, or withdrawal request paid by us under Overdraft Privilege and pay the applicable fee(s). You agree that we have the right to transfer available funds from your other accounts you may have with us to cover the overdrawn checks, transfer, or withdrawal request and pay the applicable fee(s). If we choose not to pay the overdrawn check, transfer, or withdrawal request, you are subject to the applicable fee(s) for each such item in the amount set forth in our Rate and Fee Schedule. We may charge a fee each time a check or item is submitted or resubmitted for payment. Therefore, you may be assessed more than one fee as a result of a returned item or resubmission(...
Overdraft Service. We offer a discretionary overdraft service (Courtesy Pay) to cover overdrafts on your checking accounts. The Credit Union offers the Overdraft Service to eligible consumer checking account owners who qualify. Courtesy Pay is not offered to minors, fiduciary or organizational accounts or anyone who has caused a financial loss to the Credit Union, anyone with a past due loan payment at the Credit Union or anyone who has enrolled in a debt management program. The Overdraft Service is provided to qualified accounts automatically for checks, ACH and online transactions, and you have the option to opt-out of the service at anytime. Courtesy Pay will be provided for debit card purchase transactions only if you expressly request ("opt-in") Courtesy Pay for these transactions. The fee for overdraft transfers is set forth on the Rate and Fee Schedule.
Overdraft Service. We offer a discretionary overdraft service (overdraft service) to cover overdrafts on your checking accounts. The overdraft service is offered to all eligible consumer checking account owners, who qualify and remain in good standing with Cascade FCU.
Overdraft Service. We may offer a discretionary overdraft service (“Overdraft Service”) to cover overdrafts on your checking accounts. The Credit Union offers the Overdraft Service to eligible consumer checking account owners who qualify. Overdraft Service is not offered to minors, fiduciary, or anyone who has caused a financial loss to the Credit Union, anyone with a past due loan payment at the Credit Union or anyone who has enrolled in a debt management program. The Overdraft Service is provided to qualified accounts automatically for checks; ACH and online transactions and you have the option to opt-out of the service at anytime. The Overdraft Service will be provided for debit card purchase transactions only if you expressly request ("opt-in") Member Privilege for these transactions.
Overdraft Service. The Rate(s) per MG for average daily diversions in excess of the Peaking Factor during a calendar month and year shall be the amounts set forth in the Rate Schedule.
Overdraft Service. We offer a discretionary overdraft service (the Overdraft Service ) to cover overdrafts on your checking accounts. The Credit Union offers the Overdraft Service to eligible consumer checking account owners who qualify. The Overdraft Service is not offered to minors, fiduciary, or anyone who has caused a financial loss to the Credit Union. The Overdraft Service is provided to qualified accounts automatically for checks; ACH and online transactions and you have the option to opt-out of the service
Overdraft Service. We offer a discretionary overdraft service (the “Overdraft Service”) to cover overdrafts on your checking accounts. The Credit Union offers the Overdraft Service to eligible consumer checking account owners who qualify. The Overdraft Service is not offered to minors, fiduciary, or anyone who has caused a financial loss to the Credit Union, anyone with a past due loan payment at the Credit Union or anyone who has enrolled in a debt management program. The Overdraft Service is provided to qualified accounts automatically for checks; ACH and online transactions and you have the option to opt-out of the service at anytime. The Overdraft Service will be provided for ATM and debit card purchase transactions only if you expressly request ("opt-in") the Overdraft Service for these transactions.
a. Discretionary Service. Under the Overdraft Service, we are not obligated to pay any check or item presented for payment if your account does not contain sufficient funds. We may, as a discretionary service 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 and subject to this Agreement. This overdraft service is not a line of credit, is not guaranteed, and is independent of any loan arrangement you may have with us. We will not pay an overdraft for you 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.
Overdraft Service. A. Fee-Free Overdraft
Overdraft Service. Overdraft Service is available for eligible accounts and not all accounts will qualify. You must meet certain criteria to be eligible for Overdraft Service. There is an overdraft fee for each Item paid using Overdraft Service. We are not obligated to pay any Item presented for payment if your account does not contain a sufficient Available balance. However, if you maintain your account in good standing, we may approve your overdraft Items within your available overdraft limit balance as a non-contractual courtesy. Overdraft Service is not a loan. Overdraft Service is a discretionary service from which you benefit. We may refuse to pay an overdraft Item for you at any time even though we may have previously paid overdrafts for you and even though you have available funds in your overdraft limit balance. Overdraft Service should not be viewed as an encouragement to overdraw your account. As always, we encourage you to manage your finances responsibly. If you would like to have this service removed from your account, please call (000) 000-0000.
Overdraft Service. The Bank provides an overdraft credit limit to the Customer’s depository account in accordance with the terms and conditions as prescribed by the Bank (subject to a requisite credit check of the Customer by the Bank).
