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Overdraft Protection

Basic Overdraft Protection

Choose overdraft protection for your checking account from your Savings, Personal Line of Credit, or a combination of the two.

Courtesy Pay

Courtesy Pay is a service that allows us to pay an ACH or check item presented against your checking account even if it causes the account to become overdrawn. It allows LGE Community Credit Union to provide a higher level of service to you by helping to protect your account and reputation when an inadvertent overdraft occurs.

Courtesy Pay for ATM or Debit transactions is a service we provide with your affirmation. It allows us to pay ATM or Debit card transactions presented against your checking account even if they cause the account to become overdrawn. Additional information.

The Courtesy Pay limit includes any overdraft fees assessed.

More Information on Courtesy Pay

If the account has been open and maintained in good standing, defined as A) Making regular deposits sufficient to cover transactions; B) Bringing the account to a positive balance at least once every thirty days or less, and; C) There are no legal orders outstanding on your account, we may, at our sole discretion, pay overdrafts up to the limits mentioned above, including our normal Non-Sufficient Funds or Courtesy Pay charge(s). Whether we pay or return an item, your account will be assessed a fee, either as a Courtesy Pay charge or a Non-Sufficient Funds charge, but you will not be charged both fees. Our current charge per item is $20, which may be changed with prior notice to you.

Courtesy Pay offers additional flexibility and convenience in managing accountholder funds, and provides peace of mind knowing that items may be paid up to the authorized overdraft limit. Using Courtesy Pay may be more costly than other overdraft payment options we may offer. Please speak to a representative to see if you qualify.

Courtesy Pay costs nothing unless the privilege is used by initiating checks, ATM withdrawals, debit card withdrawals, or other payment or withdrawal requests for more than is on deposit in the account. If you maintain the account in good standing and have need for this “courtesy”, we may, at our sole discretion, pay the item(s) up to the authorized limit, and we will charge the account our normal Non-Sufficient Funds or Courtesy Pay charge for each item that overdraws the account. You then have up to 30 days to bring the account current.

Although you are not charged for using Courtesy Pay unless you have an overdraft, you may opt out of Courtesy Pay at any time. If you do not want us to pay your overdrafts, you must tell us (“opt out”). If you receive a direct deposit of your social security or other federal benefit check, you must opt out if you do not want us to apply those funds to repay an overdraft. To opt out of Courtesy Pay, contact us at 770-424-0060.

Additional information is found in your account agreement. If you have further questions, do not hesitate to call us at 770-424-0600.

Not all members will qualify for Courtesy Pay; in such cases, LGE Community Credit Union’s normal non-sufficient funds policy applies.