Overdraft Privilege and Overdraft Protection

Life happens! Corry Federal Credit Union understands that unexpected overdrafts occur from time to time - Overdraft Coverage can help.

Overdraft Coverage Options
The choice is yours. Consider these ways to cover overdrafts:
Service
Cost
Overdraft Protection Link to Another Deposit
Account you have at Corry Federal Credit Union1		 $5 fee per transfer
Overdraft Privilege $25 Overdraft fee per item.

1Call us at (814) 663-3263,   email us at info@corryfcu.org,   or come by a branch to sign up for this service.


Overdraft Protection
services apply to all transactions and may help prevent overdrafts by automatically transferring funds to your checking account from another account you may have at Corry Federal Credit Union.

Overdraft Privilege
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 is still available as secondary coverage if the other protection source is exhausted.

Transactions Covered with Overdraft Privilege
Standard Coverage (No Action Required)
Extended Coverage (Your consent required on consumer accounts)*
Checks ✔ ✔
ACH - Automatice Debits ✔ ✔
Recurring Debit Card Payments ✔ ✔
Online Bill Pay Items ✔ ✔
Teller Window Transactions ✔ ✔
ATM Withdrawals ✔*
Everyday Debit Card Transactions ✔*

*Extended Coverage
If you choose Extended Coverage on your consumer account, ATM withdrawals and everyday debit card transactions will be included with the transactions listed under Standard Coverage. If you already have Extended Overdraft Privilege 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 discontinue the Overdraft Privilege in its entirety by contacting us at (814) 663-3263 or sending us an email at info@corryfcu.org

For our full Overdraft Coverage Disclosure.