Courtesy Overdraft for ATM and Debit Cards

Recent changes to Federal regulations mean that your courtesy overdraft, formerly overdraft privilege has changed. Unless you sign up for courtesy overdraft for ATM and debit cards, ATM and everyday debit card transactions will be denied if you do not have sufficient funds in your account. Courtesy overdraft for written checks, electronic withdrawals and recurring debit transactions, like monthly video rental subscriptions or gym memberships, may be automatic for qualifying accounts.

Contact the Member Information Center at 602-866-1100 or 1-866-897-9378 to request this service. If you have already said yes to keep courtesy overdraft, you do not need to do anything else.

Understanding courtesy overdraft

While certain restrictions and an overdraft fee may apply with courtesy overdraft, transactions could be covered up to a total of $500.00 instead of being denied. To be eligible for courtesy overdraft, you must be over 18 years of age or older, have a checking account open for at least 30 days and have had more than $400.00 in deposits in that checking account. Certain restrictions apply.

Courtesy overdraft benefits you

Courtesy overdraft can come in handy in an emergency where you can't transfer money or when it's an inconvenience to wait for a deposit to become available. Without sufficient funds in your account or courtesy overdraft, the purchase will be declined and you could possibly face additional fees from the merchant.

General Saving

Courtesy overdraft for ATM and debit cards is one of those services that members typically only need to use once in a while. If you sign up for courtesy overdraft and never have a situation where you need the service, you will not be charged for the service.

Many of our members elect to have overdraft protection from their share account or line of credit and also choose to have courtesy overdraft as a backup when no funds are available in their other sources.

But when the need arises to use courtesy overdraft, you will be glad that you were able to still make that purchase. In a situation where the service is needed, the last thing someone wants to hear is that their ATM or debit card transaction was declined. Especially when it's an emergency or when payday is a few days away and you need to pay for an emergency prescription.

Getting courtesy overdraft is easy

It is easy to have courtesy overdraft for ATM and everyday debit card transactions on qualified accounts:

Call 602-866-1100 or 1-866-897-9378

Visit your local branch

Mail: 11839 N. 28th Dr., Phoenix, AZ 85029 or Fax (602) 866-1147