You are in: Personal / Checking / Debit Card / Courtesy Pay Plus / Courtesy Pay Plus Opt-In

What You Need to Know about Overdrafts and Overdraft Fees

An overdraft occurs when you do not have enough money in your account to cover a transaction, but we pay it anyway. We can cover your overdrafts in two different ways:

1.   We have standard overdraft practices that come with your account.

2.   We also offer overdraft protection plans, such as a link to a savings account or an overdraft line of credit, which may be less expensive than our standard overdraft practices. To learn more, ask us about these plans.

This notice explains our standard overdraft practices.

What are the standard overdraft practices that come with my account?

We do authorize and pay overdrafts for the following types of transactions:

 - Checks and other transactions made using your checking account number
 - Automatic Bill Payments or Automated Clearinghouse (ACH) Items

We do not authorize and pay overdrafts for the following types of transactions unless you ask us to (see below):

 - ATM transactions from a checking account
 - One time debit card transactions

We pay overdrafts at our discretion, which means we do not guarantee that we will always authorize and pay any type of transaction.

If we do not authorize and pay an overdraft, your transaction will be declined or your check will be returned.

What fees will I be charged if Metro Credit Union pays my overdraft?

Under our standard overdraft practices and Courtesy Pay Plus:

- We will charge you a fee of up to $30 each time we pay an overdraft.
- For each overdraft of $10 or less, you will incur a fee in the amount of the overdraft.
- For each overdraft over $10, you will incur a fee of $30.
- You can avoid the fee if you make a deposit to your account that covers the negative balance by the end of the business day in which the transaction occurs.
- Daily we will charge you no more than six times the maximum overdraft fee, regardless of the number of overdrafts.

What if I want Metro Credit Union to authorize and pay overdrafts on my ATM and one time debit card transactions?

Click here to opt in now, call 877-MY-METRO, or stop by any branch location.