WestStar Credit Union offers a courtesy overdraft program which may provide payment of checks, ACH/EFT transactions, and debit card transactions from checking accounts, when all available funds from all specified overdraft sources have been depleted.* For debit card overdraft protection, you must complete the Debit Card Overdraft Protection form. Overdrafts that result from using an ATM machine or a transaction with a teller will not qualify for courtesy overdraft.
The credit union may clear checks, debit card transactions (opt-in required), and ACH/EFT transactions when there are no available funds**. We will charge you a fee up to $38.50 each time we pay an overdraft.
Courtesy Overdraft program requirements (effective 4/17/2017):
- Must be 18 years and older, AND
- Must not have any past due WCU loans or have not caused WCU to incur a loss, AND.
- Have an active Checking account that has been open for 90 days.
Simple and Silverstar Checking accounts meeting the above requirements are eligible for $750.00(inclusive of fees), and Fresh Start Checking accounts meeting the above requirements are eligible for $300.00 (inclusive of fees). Accounts must be brought to a positive balance within 30 days, or Courtesy Overdraft will be revoked.
All members who qualify will be automatically enrolled in the check/ACH/EFT Courtesy Overdraft program. You must complete the separate Debit Card Overdraft Protection opt-in form in order to include debit card transactions in the courtesy overdraft program.
If you do not want to participate, you may opt out of courtesy overdraft using this form.
*See the Important Account Information booklet for additional information on this program and share draft/ACH restrictions and requirements.
**See the Important Account Information booklet for additional information regarding "Your Available Balance."