Explore your options
Life happens! First Community Credit Union understands that unexpected overdrafts occur from time to time — Outlined below are details explaining your coverage options or you can download the overdraft informational guide pdf.
Service |
Cost |
---|---|
Overdraft Protection: Link to Another Deposit Account you have at First Community Credit Union1 |
$0 unless more than 6 in a month, then $3.00 fee per transfer |
Kwik Cash Overdraft Protection Line of Credit1 |
Subject to fees + interest |
Overdraft Privilege Program (ODP) |
$32.00 Paid NSF Fee per item. |
Call us at (608) 362-9077, email us at privilege@firstccu.com to sign up or apply for these services; 1subject to credit approval. |
These services apply to all transactions and may help prevent overdrafts by automatically transferring funds to your checking account from another account or line of credit you may have at First Community Credit Union for a fee or finance charge. Please note that Kwik Cash overdraft lines of credit are subject to credit approval.
Allows you to overdraw your account up to the disclosed limit for a fee in order to pay a transaction. Even if you have overdraft protection, Overdraft Privilege Program (ODP) is still available as secondary coverage if the other protection source is exhausted.
Transactions Covered with Overdraft Privilege Program (ODP) |
Standard Coverage |
Extended Coverage (Your consent required)* |
---|---|---|
Checks |
X |
X |
ACH - Automatic Debits |
X |
X |
Recurring Debit Card Payments |
X |
X |
Online Bill Pay Items |
X |
X |
Internet Banking Transfers |
X |
X |
Telephone Banking |
X |
X |
Teller Window Transactions |
X |
X |
ATM Transactions |
|
X* |
Everyday Debit Card Transactions |
|
X* |
*If you choose Extended Coverage, ATM withdrawals and everyday debit card transactions will be included with the transactions listed under Standard Coverage. If you already have Extended Overdraft Privilege Program (ODP) Coverage, it is not necessary to request it again. Business accounts automatically have Extended Coverage. |
If you would like to select Extended Coverage for future transactions you can:
A link to another account or a line of credit may be a less expensive option than an overdraft. A single larger overdraft will result in just one fee, as opposed to multiple smaller overdrafts
Good account management is the best way to avoid overdrafts - Use our mobile banking and online banking services
The $32 Paid NSF Fee is the same fee amount that is charged if a check is returned as unpaid. If multiple items overdraw your account on the same day, each item will be assessed an appropriate Paid NSF Fee or an NSF Fee of $32. All fees and charges will be included as part of the Overdraft Privilege Program (ODP) limit amount. Your account may become overdrawn more than the Overdraft Privilege Program (ODP) limit amount because of a fee.
For consumer accounts, there is no limit on the total Paid NSF Fees per day we will charge. These exceptions do not apply to business accounts.
View all additional information on our overdraft informational guide
If you have any questions about Overdraft Protection or Overdraft Privilege Program (ODP), please call us at 608-362-9077