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UFCU offers you financial backup in case your checking account becomes overdrawn. This may be due to a financial emergency or simply to cover an accidental insufficient balance. Overdraft protection is available by transfers from your savings account or by establishing an overdraft Line of Credit.
Transfer From your Savings:
Transfers from savings are charged $7.50 per transfer and are in increments of $100.00. For example, if three items are presented for $153.00 and there are not sufficient funds in your checking account to cover, a transfer will automatically be made for $200.00 from another account you have designated and there will be a $7.50 transfer charge.
Click here to set up transfers from savings
Overdraft Line of Credit:
An Overdraft Line of Credit account is also available. Interest is charged on your outstanding balance. Check with the Credit Union Office for interest rates charged. Monthly payments will be deducted from your checking account balance on the 27th of every month. Payment amounts are based upon your current loan balance, after your most recent advance. Payment amounts are determined at $3.00 per $100.00 outstanding, with a monthly minimum of $25.00.
Click here to apply for overdraft line of credit
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