Pre-Authorized Overdraft Transfer Protection is another free service provided for the safety and convenience of our members. It lets you clear checks with funds taken from any of your share (savings) account(s) or line of credit when the funds in your checking account are exhausted. Funds will be transferred from your designated overdraft account in increments as follows, to clear your transaction:
For Automated Clearing House (ACH) debits and share draft/check presentments: in increments of $50
For ATM withdrawals and point-of-sale (POS) debit transactions: the amount needed to pay the transaction
For over-the-counter share drafts/checks: the amount needed to pay the transaction (if advancing from a share) or in increments of $50 (if advancing from a line of credit)
Pre-Authorized Overdraft Transfer Protection is designed as a safety measure and benefit for your convenience. Please ask a Member Service Representative to sign up today.