Overdraft Protection/Courtesy Pay

Have you ever been short of funds in your checking account and had an item returned? Any one or all of the following services can be used to protect your account. Here are three options to protect your checking account from costly errors:

Option 1: Savings

Most of your savings accounts can be designated to protect your checking account from an inadvertent error. You prioritize the order in which your savings accounts would be accessed. For example, you may want your Primary Share account to be accessed before your Holiday or Vacation accounts.

Option 2: Signature Line of Credit Loan

A great feature of our Signature Line of Credit is the optional overdraft protection it provides for your checking account. Lines are available from $500 to $10,000 with a minimum transfer amount to checking of $50. Now you can get cash at an ATM from a signature line of credit. Call our Member Service Center to sign up.

Option 3: Courtesy Pay

Double Your Protection. Courtesy Pay is your second defense against returned checks and negative credit scores. It is a service that adds a measure of protection to your personal checking account, protects your credit rating and pays your bills on time.

Courtesy Pay may cover your insufficient funds items, up to a limit of $500.00, for a $35.00 fee per covered overdraft transaction, including checks, in-person withdrawals or other items presented by electronic means (Including recurring payments using your account or Visa Debit Card). You then have up to 30 days to bring the account current, either through a direct deposit, transfer of funds, or a deposit at one of our branch locations. That means, instead of returning a check because of insufficient funds, we may pay your item saving you additional third party charges. It saves you the embarrassment an inadvertent overdraft can cause and helps you protect your credit rating.

Courtesy Pay is offered as a privilege and People First reserves the right to return a check or ACH request when sufficient funds are not available in your account.

You are automatically signed up for this service as long as you meet the qualifications established in the People First FCU Courtesy Pay Agreement.

The chart below summarizes the various methods available to access funds in your checking account, along with the overdraft options available.

Access Method	Option 1: Savings	Option 2: Signature Line of Credit	Option 3: Courtesy Pay
Check	Yes	Yes	Yes
Pre-Authorized Payment/Debit	Yes	Yes	Yes
Point of Sale Transaction with a Visa Debit Card	Yes	Yes	Yes - Courtesy Pay Plus opt-in is required
ATM Withdrawal	Yes	Yes	Yes - Courtesy Pay Plus opt-in is required

PLEASE NOTE: Overdraft protection from a savings account or a signature line of credit is only available if you sign up for the coverage and there are funds available to transfer. Courtesy Pay is automatically turned on if you meet the qualifications for this service.

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View our Courtesy Pay Agreement .