Courtesy Pay

Courtesy pay adds protection to your checking account. It may cover all of these transactions when you don't have sufficient funds:

• Checks
• Merchant transactions initiated with debit cards or ATM cards (if you opt in)
• Online Bill payer payments
• Recurring debit card payments (when you give your card number to a payee and authorize them to collect regular payment out of your checking account)
• Automatic payments scheduled for withdrawal from your checking account

If utilized, the Courtesy Pay payment is made in an amount sufficient to cover the transaction for a single low fee. If we return a check to a merchant, we will charge you an NSF fee and the merchant may by law charge its own fee for returned checks. Courtesy pay saves you from embarrassment and merchant fees and helps protect your credit.

Overdrafts on your checking account (including the amount of the overdraft plus the courtesy pay fee) may, at our option, be paid by the Credit Union. A Courtesy Pay fee will be assessed by the Credit Union for each item we pay when you do not have sufficient available funds to cover it. Your account will go into a negative balance by the amount of the courtesy payment (s) paid plus the courtesy pay fee(s) assessed. You will have 30 days to bring your checking balance positive, either through a direct deposit, a transfer from another account, or a deposit at one of our branches. We are never required to pay an item under Courtesy Pay, even though we may have accommodated you this way in the past. We will generally not allow any checking account to reach a negative balance of more than $1,000.

If you have signed up for overdraft protection transfers from your SafeAmerica share account or overdraft protection advances from an approved SafeAmerica line of credit, we will always first look to those sources to cover your overdrafts. An Overdraft Transfer fee is assessed each time we transfer funds from your share account or make an advance from your line of credit to cover an over-drafting item. If you have not signed up for either of these sources, or if you have signed up but protection is not available either due to lack of funds or credit or your already having exceeded your monthly limit on overdraft protection transfers from shares, we may pay the overdraft under the Courtesy Pay program. If we pay the item under the Courtesy Pay program, we will charge a Courtesy Pay fee per overdraft item paid.