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Overdraft Protection
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Overdraft Protection
Avoid the cost and embarrassment of checking overdrafts
We offer member-friendly Overdraft Protection to provide automatic protection should you ever find yourself with not enough money in your checking account.
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| Overdraft Protection |
| What is it? |
In the event that you do not have enough money in your account, Overdraft Protection will transfer available funds from one of your eligible SAFCU accounts to pay the transaction. |
| How does it work? |
If we receive a transaction that cannot be covered by the funds in your checking account, we'll automatically transfer enough to cover your account. If a line of credit is used to cover the transaction, interest will accrue on the outstanding balance until the loan is paid in full. |
| Eligible accounts |
Savings Account - up to 6 transfers per month.
Money Market Account - up to 6 transfers per month.
Line of Credit - subject to applicable finance charges.
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| Fees |
You must maintain a balance or credit limit that will cover any overdrafts from your Checking Account, otherwise a standard $30 non-sufficient funds fee will apply per transaction. |
| How to get started |
Contact the credit union at (714) 834-1341 or (800) 541-2546 to set up Overdraft Protection for your checking account. |
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