Public Service Credit Union logo




Overdraft Protection

Public Service Credit Union offers multiple Overdraft Protection options because we know nobody is perfect. When it comes to your Checking Account, even small mistakes can create big problems. That's why Public Service Credit Union offers several different types of Overdraft Protection.

Public Service Credit Union offers multiple Overdraft Protection options because we know nobody is perfect. When it comes to your Checking Account, even small mistakes can create big problems. That's why Public Service Credit Union offers several different types of Overdraft Protection. These safeguards can protect you from the fees and embarrassment typically associated with an inadvertent overdrawn account.

Share Account Overdraft

Similar to Courtesy Pay, Share Account Overdraft is automatically set up when a Checking Account is opened. This service links the member's Checking Account with their Share Account, and debits the Share Account (including transfer fee, if applicable) when an item is presented for payment against insufficient funds.

Courtesy Pay*

Each PSCU personal Checking Account can receive all of the benefits of Courtesy Pay. This service is for members who are in good standing and have direct deposit or payroll deduction of at least $800 per month into their Checking Account. This service automatically covers Checking Account overdrafts (up to $500) and allows each member up to 30 days to bring their account current.

Normal Non-Sufficient Funds (NSF) fees apply for each item that activates Courtesy Pay, but because the overdraft is paid, you avoid any external merchant or collection fees. In addition you must have an active checking account for 90 days. For additional account protection, members can take advantage of Share Account or Line of Credit Overdraft Protection.

Courtesy Pay Regulations

Courtesy Pay Opt-In Form

*In an effort to avoid any NSF fees, PSCU will always first attempt a Share Account or Line of Credit Overdraft prior to implementing Courtesy Pay.

Line of Credit Overdraft

This service utilizes a member's Line of Credit to transfer funds (including transferee, if applicable) in an effort to cover a Checking overdraft. In order to use this method, funds must be available within the member's Line of Credit loan limit. Unlike Courtesy Pay and Share Account Overdraft, this service requires the member to apply for a Line of Credit.