overdraft protection

BlueOx Credit Union offers Overdraft Protection as a convenience to protect you against high fees and the embarrassment associated with “bounced checks” or having your purchases declined. Overdraft protection allows you to make purchases even if you have insufficient funds in your account.

how overdraft protection works

Rather than automatically returning your unpaid overdraft items or being declined when trying to make a purchase, we will authorize and pay reasonable overdrafts, for qualified members, as long as you maintain your account in good standing.

overdraft protection options

  • Share Overdraft Protection – Link your checking account to another account (such as your Regular Savings) and have funds automatically transferred between the two accounts if an overdraft occurs.
  • Overdraft Line-of-Credit –If you run out of money, the line-of-credit can pay for expenses so you don’t bounce checks or have your Debit Card denied.
  • Overdraft Privilege – A service that allows the Credit Union to pay an item even it if it causes your account to become overdrawn. For our standard Courtesy Pay practices we do authorize and pay overdrafts for checks and automatic or reoccurring bill payments; however, we do not automatically authorize and pay overdrafts on ATM or everyday Debit Card transactions, unless you give us consent.

how to get started

If you would like to sign up for our Share Overdraft Protection or our Overdraft Line-of-Credit simply stop by any of our branches or call a Member Service Advisor at (800) 648-8035.

If you want us to authorize and pay overdrafts on ATM and everyday Debit Card transactions, click the Opt-In button and complete and submit the form.

Opt-In Today

Having Courtesy Pay does not guarantee that BlueOx Credit Union will pay your overdrafts. However, if we do not authorize and pay an overdraft, your transaction will be declined.

All loans are subject to approval. Line-of-credit and account-to-account transfers as well as Overdraft Privilege subject to applicable service charges when initiated by an overdraft. Overdraft Privilege is also is subject to periodic account review to assess eligibility and limits are determined by an individual’s Member Rewards level. For our standard Overdraft Privilege practices we do authorize and pay overdrafts for checks and automatic or reoccurring bill payments; however we do not automatically authorize and pay overdrafts on ATM or everyday debit card transactions, unless you give us consent. Members must repay Overdraft Privilege balance within 30 days. Overdraft Privilege is a discretionary service, which means we pay overdrafts at our discretion and do not guarantee that we will always authorize and pay any type of transaction. Fees may reduce earnings. Insured by NCUA. Equal Housing Lender.

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