We understand that life can throw you some curves causing you to need extra
cash or forget about a payment. Your credit union is equipped with overdraft
options to help you straighten out those curves.
Overdraft Protection
Standard overdraft protection is an easy way to prevent you from accidentally
overdrawing your checking account. It covers you by drawing from the available
balance of your savings (in $100 dollar increments) leaving you a positive
balance when possible.
- Money can be transferred from either Prime Share or Senior Share
- Low fee—Only $3.00 per overdraft transfer
- Transfers in $100 increments
- All members with a Checking Account are eligible for basic Overdraft
Protection
- Number of transfers may vary, please call for details
Overdraft Line of Credit
Let a UKFCU Overdraft Line of Credit cover your checking account without
drawing from your savings.
- No transfer fee
- Transfers only the amount needed
- No limit on number of transactions (up to credit limit)
- Leaves your Savings account to earn interest
- Credit Life and Disability insurance available
Check Sentry Overdraft Courtesy
Check Sentry is an added layer of safety should you write checks for more
than the amount available in your account. This courtesy is in addition to any
amount that may be covered by another form of overdraft protection. While there
is a $25 charge for each overdrawn item paid, Check Sentry Overdraft Courtesy
protects you from additional merchant returned item fees.
- Account must be open 90 days and in good standing before being reviewed
for eligibility
- Protects your good name
- Up to $525 coverage
- Covers only the amount needed
- Eliminates merchant returned check charges
- No hassle from collection agencies
- Qualified members may be eligible
- No applications or additional signatures
For more information regarding this service please review our Check
Sentry FAQ's sheet (PDF; requires Adobe®
Reader® to view).
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