As of March 1, 2022, we’ve made a number of changes to our overdraft program that we feel will help you better manage your finances without being over-burdened by fees.*

Here’s what’s changing

We’ve made a number of adjustments to our Bounce Protection and Bounce Protection Plus overdraft programs, including:

No fees on transactions of $20 and less: You no longer have to worry about that $4 cup of coffee costing you unwanted fees.

• • Overdrawn transactions of $20 or less won’t be assessed an overdraft or Non-Sufficient Funds (NSF) fee.
• • Transactions will no longer be approved once your account reaches a negative $500 balance.
• • Enroll in Bounce Protection Plus if you’d like your overdrawn one-time debit card and ATM transactions to be paid. 
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Fee limit: You no longer have to worry about paying excessive fees simply because you didn’t know that your account was negative.

• • You’ll never pay more than one $25 fee in a 24-hour period starting at 9 p.m Central Time.
  • • This includes both overdraft fees – when the Credit Union pays your transaction – and Non-Sufficient Funds (NSF) fees – when the transaction is declined by the Credit Union.
  • • Transactions will no longer be approved once your account reaches a negative $500 balance. 

Standardized $25 fee: We’re sunsetting the Bounce Protection Plus penny program so that all NSF /Overdraft fees are $25.

Please note that restrictions on Bounce Protection and Bounce Protection Plus apply. For more details, refer to the Overdraft Options Chart. 

Why are we changing?

No one should be put in a dire financial situation because of a simple mistake. We understand that problems occasionally arise but that doesn’t mean multiple fees should make your situation even worse. If you’re still having a difficult time making ends meet, remember that our Financial Wellness  team is ready to offer complimentary advice and budget planning.

What options do I have?

The Credit Union has always offered a multitude of ways to help members protect their accounts from incurring overdraft fees*.  

Overdraft Line of Credit

• Access to up to $2,000 in a line of credit to cover any overdrawn items from your checking account.**

Overdraft Protection Source

• Transfer money from your eligible account to cover any overdrawn items from your checking account.

Bounce Protection Plus

• This optional service covers one-time debit card transactions and ATM transactions and can prevent the embarrassment of being denied at checkout or having bills unpaid

Bounce Protection

• This standard service covers checks, recurring debit and ACH transactions that overdraw your account.

To learn more about these options, including applicable fees and requirements and how to sign up or apply, click here or refer to the Overdraft Options Chart. 

How do I monitor my account?

You can also monitor your account through online banking as well as our mobile apps¹  for smartphones and tablets.

• •Download our mobile app to enjoy on-the-go access to your accounts. Set up an alert that will notify you when your checking account balance gets low. Simply log into online banking, click on the “Settings” in the left-hand menu and select “Account Alerts.” You can then toggle on whichever alerts you’d like to receive.

* Please refer to the Fee Schedule for applicable fees

** Loans are subject to credit approval and Credit Union lending guidelines. Member must be in good standing. See our Rate Schedule for more information

¹ Message and data rates may apply. Check with your mobile provider