Courtesy Cash Overdraft Protection Disclosure

Federal law now requires members to opt-in and sign the below consent form in order for the credit union to pay your overdrafts (also referred to as Courtesy Pay or E-Paid NSF) for transactions including ATM withdrawals and debit card purchases you make at a store, online or by telephone.

Explanation of Overdrafts

An overdraft occurs when you do not have enough money available in your account to cover a transaction but the credit union elects to cover the cost for you in return for a fee. The available balance* is the amount actually allowed to be withdrawn or used, while the current balance includes amounts that may be on hold or still uncollected or otherwise unavailable. We will not offer courtesy cash overdraft protection unless you agree to opt-in for the coverage.

We will not authorize and pay overdrafts for the following types of transactions unless you ask us to:

  • ATM transactions
  • Every day debit card transactions

Standard Overdraft practices that come with your account
We will authorize and pay overdrafts for the following types of transactions:

  • Checks and other transactions made using your checking account number
  • ACH items

We pay overdrafts at our discretion. Having overdraft coverage does not guarantee that we will pay your overdrafts. If we do not authorize and pay an overdraft, your transaction will be declined.


  • We will charge you a fee of up to $35 each time we pay an overdraft.
  • Also, if your account is overdrawn for eight or more consecutive business days, we will charge an additional $2.50 per day.

There is no limit on the total fees we can charge you for overdrawing your account.

Revoke Consent

You or any joint account owner has the right to revoke your opt-in consent at any time. Simply visit any branch location or contact us. Upon receipt of your revocation we will discontinue your Courtesy Cash Overdraft Protection as soon as possible.

Cheaper Alternative

Did you know we offer other overdraft protection plans, such as a link to a savings account or line of credit, which may be less expensive than our standard overdraft practices? To learn more, call or speak with a Financial Service Representative at your nearest branch location.

*Available balance can be located by logging in to the ONCU online banking site, the ONCU mobile banking app, calling Silverlink or at an ATM machine by requesting a balance inquiry. For additional assistance please visit your nearest branch location.

View Complete Membership and Account Agreement (PDF)