Courtesy Pay AgreementCourtesy Pay Agreement • June 12th, 2020
This Courtesy Pay Agreement describes the circumstances when we the Credit Union will pay overdrafts in an accountholder’s (also “you” and “your”) checking account and charge a fee. Overdraft means there is not enough available balance in your account to pay for a transaction. If we pay an overdraft (OD) or return an item unpaid (NSF), we will charge your account either an Overdraft (OD fee) or an Non-Sufficient Fund (NSF fee). The fee is described in our Fee Schedule, which is updated periodically.
Courtesy Pay AgreementCourtesy Pay Agreement • February 13th, 2020
This Courtesy Pay Agreement ("Agreement") describes the circumstances when we (the “Credit Union”) will pay overdrafts in an accountholder’s (also “you” and “your”) checking account and charge a fee. “Overdraft” means there is not enough available balance in your account to pay for a transaction. If we pay an overdraft (or return an item unpaid), we will charge your account a Non-Sufficient Fund (or ”overdraft”) fee (the “fee”) of $35. The $35 fee is described in our Fee Schedule, which is updated periodically.
COURTESY PAY AGREEMENT AND DISCLOSURES (OVERDRAFT POLICY)Courtesy Pay Agreement • May 13th, 2021
COURTESY PAY AGREEMENTCourtesy Pay Agreement • June 23rd, 2017
This Courtesy Pay Agreement becomes part of Northeast Credit Union’s Share Account Agreement and supersedes and replaces Section 3.35 (Paying of Overdrafts) and any all prior terms related to account balances and the assessment of Courtesy Pay fees.
Courtesy Pay AgreementCourtesy Pay Agreement • August 8th, 2017
In accordance with your commitment to provide valued service and benefits, you may, at your discretion, pay my overdrafts that would cause my eligible checking account to have a negative balance up to the amount of my Courtesy Pay limit, which is determined by you in your sole and absolute discretion. You refer to this service as your Courtesy Pay Service (hereinafter referred to as the “Service”). This Courtesy Pay Agreement (“Agreement”) sets forth the terms and conditions applicable to the Service.
COURTESY PAY AGREEMENTCourtesy Pay Agreement • August 17th, 2017
As an added benefit to your share draft account, United Equity Credit Union (UECU) offers a “Courtesy Pay” program. This service covers your overdrafts (share draft and ACH transactions only) should you inadvertently overdraw your share draft account. This is an additional account feature and should not be considered a line of credit. If you elect to participate in the program, UECU will cover your items up to a maximum limit set by the credit union. A Non-Sufficient Funds (NSF) fee will be charged for each item that is paid after an initial free Courtesy Paid item each year. However, by having these items paid by UECU, you will potentially avoid additional fees that the merchant would charge for items returned to them. If multiple items are presented against your account on the same day, each item will be assessed a Courtesy Pay fee.
ContractCourtesy Pay Agreement • February 15th, 2016
In this Courtesy Pay Agreement ("Agreement"), the words "you," "your," and "yours" mean each and all of those who use the Courtesy Pay Service described below. The words "we," "us," and "our" mean South Bay Credit Union. The word "overdraft" includes a negative balance in your primary checking account with us ("Checking Account") that may occur for various reasons, including, but not limited to: (1) the payment of checks, Automated Clearing House (ACH) items, or other withdrawal requests authorized by you; (2) the return (unpaid) of items deposited by you; (3) the imposition of service charges by us; or (4) the deposit of items which are treated as not yet "available" according to our Funds Availability Policy.
