Courtesy Pay Program
Say goodbye to overdraft and non-sufficient funds fees! We've got you covered.
USSFCU’s Courtesy Pay Program (CPP) is a discretionary service offered automatically to eligible accountholders to pay items presented for payment in the event you have an insufficient available balance.
- Courtesy Pay costs nothing and there’s no fee assessed for covering an insufficient balance.1
- CPP is a courtesy extended to members who maintain their accounts in good standing2 but is not obligated to cover overdrafts.
- CPP is a non-contractual courtesy and not a line of credit.3
- CPP maximum limits are set at $500 for the Senate Checking Account and $1000 for the Gold Source Checking Account.4
- You can easily opt in (or out) by contacting us on the myUSSFCU mobile app, online banking, by phone at 800.374.2758 or at one of our branch locations. 5
Courtesy Pay Program Disclosure
1 An insufficient balance can result from several events, such as the payment of checks, electronic funds transfers or other withdrawal requests; payments authorized by you; the return of unpaid items deposited by you; credit union service charges; or the deposit of items which, according to the Credit Union’s Funds Availability Policy, are treated as not yet available or finally paid. You will be notified of any non-sufficient funds items paid or returned that you may have; however, we have no obligation to notify you before we pay or return any item. The amount of any overdraft, including any fees that you owe us, shall be due and payable upon demand, but if no demand is made, no later than 45 calendar days after the creation of the overdraft. If there is an overdraft on an account with more than one owner on the signature card, each owner and agent, if applicable, shall be jointly and severally liable for all overdrafts inclusive of fees.
2 For Courtesy Pay consideration, you must maintain your account in “good standing”. Meaning, you (1) demonstrate responsible account management, such as making sufficient deposits to bring your account to a positive end-of-day balance at least once every 30 calendar days (including the payment of all Credit Union fees and charges); (2) avoid excessive overdrafts suggesting the use of Courtesy Pay as a continuing line of credit; (3) there are no legal orders, levies or liens against the account; (4) the primary member is of contractual age and is on the checking account; (5) the primary account has been opened at least 90 days; (6) checking account has either a positive balance or no negative balance greater than 15 calendar days when the program is first offered to you; (7) none of the account holders have caused the Credit Union a loss on any of your shares or loans; (8) none of the account holders have declared bankruptcy; and (9) none of the account holders are delinquent on any Credit Union obligations more than 45 days.
3 Authorizations and payments are based on the available balance at the time the transaction is authorized and such funds will be held until the transaction is presented for payment. The “available balance” is defined as your current balance less any outstanding holds or authorized debits that have not yet posted to your account. We may refuse to pay an overdraft item at any time even though we may have previously paid overdrafts for you. For example, we typically do not pay overdraft items if your account is not in good standing as defined above, or if based upon our review of your account management, we determine that you have too many overdrafts or are using Courtesy Pay as a regular line of credit. You may be charged an overdrawn fee for each time an item is returned.
4 Please note that your Courtesy Pay limit may be available for each item paid under the limit created by checks and other transactions made using your account number, such as a teller withdrawal, an automatic payment (ACH) transaction, or automatic bill payment and recurring debit card payment. Also, at your request, we may authorize and pay ATM transfers or withdrawals and everyday debit card purchases using your limit. The limit will not be included in the balance provided during an inquiry.
5 You may opt out of the Courtesy Pay program at any time, but you are responsible for any overdrawn balances and fees incurred at the time of opting out. Normally, we will not approve an overdraft for you in excess of the predetermined amount assigned to your account type. So as not to exceed your limit, please note that the amount of the overdraft plus the credit union’s Courtesy Pay fee per item (if any) will be deducted from the overdraft limit.
Courtesy Pay should not be viewed as an encouragement to overdraw your account. To avoid fees, we encourage you to keep track of your account balance by entering all items in your check register, reconcile your check book regularly, and manage your finances responsibly. Automatic transfers from other shares or lines of credit can also be set up to help prevent overdrafts. If you would like to remove Courtesy Pay from your account, please call 800.374.2758.
LIMITATIONS: Courtesy Pay is a non-contractual courtesy that is available to individually/jointly owned accounts in good standing for personal or household use. The United States Senate FCU reserves the right to limit participation to one account per household and to suspend, revoke, or discontinue this service without prior notice.
Other fees may apply. View complete listing of account fees at ussfcu.org/fees.