Extended Overdraft Protection
Please read the information below and select an option at the bottom before continuing.
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What You Need to Know about Overdrafts and Overdraft Fees
An overdraft occurs when you do not have enough money in your account to cover a transaction, but we pay it anyway. We can cover your overdrafts in two different ways:
- We have standard overdraft services that come with your account.
- We also offer overdraft protection plans, such as a link to a savings account, credit card account or overdraft line of credit, which may be less expensive than our standard overdraft practices. To learn more, ask us about these plans. This notice explains our standard overdraft services.
What are the standard overdraft services that come with my account?
We do authorize and pay overdrafts for the following types of transactions:
- Checks and other transactions made using your checking account number and automatic bill payments
We do not authorize and pay overdrafts for the following types of transactions, unless you ask us to:
- ATM transactions and everyday check/debit card transactions
We pay overdrafts at our discretion, which means we do not guarantee that we will always authorize and pay any type of transaction. If we do not authorize and pay an overdraft, your transaction will be declined.
What fees will I be charged if Point Breeze Credit Union pays overdrafts on my ATM and everyday check/debit card transactions?
Under our standard overdraft practices:
- We will charge you a fee each time we pay an overdraft. Please refer to the Rate and Fee Schedule for a list of current fees.
- There is no limit on the total fees we can charge you for overdrawing your account.
What if I want Point Breeze Credit Union's Extended Overdraft Service to authorize and pay overdrafts on my ATM and everyday check/debit card transactions?
If you want us to authorize and pay overdrafts on ATM and everyday check/debit card transactions, complete the form below.
Can I change my mind?
Yes. You can change this decision at any time. You may revoke your request that we authorize and pay overdrafts on ATM and everyday check/debit card transactions by doing one of the following: Call us at 888.233.7228 or 410.584.7228, log in to Online Banking and select Extended Overdraft Protection under the Secure Forms tab to complete and submit this form, or visit one of our office locations.
*Select One
I want Point Breeze Credit Union to authorize and pay overdrafts on my ATM and everyday check/debit card transactions through Point Breeze's Extended Overdraft Service.
I do not want Point Breeze Credit Union to authorize and pay overdrafts on my ATM and everyday check/debit card transactions through Point Breeze's Extended Overdraft Service.