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1For each overdraft paid through Courtesy Pay, you will receive a notice describing the transaction and fee imposed. Your checking account must return to a positive balance as soon as possible, but no later than 30 days following the paid overdraft. If your account remains negative in excess of 31 days, your Courtesy Pay privilege will be revoked. Legal action may be taken if a payment arrangement is not worked out. Courtesy Pay is a valuable member benefit but is strictly discretionary on the part of the credit union. The credit union retains the right to not pay an item presented for payment which would result in a negative balance or overdraft status on your account.
2Skipped payments can not be scheduled for consecutive months.
3If a member has multiple eligible loans, a $25 fee per eligible loan must be in the main share account regardless if the payment will be skipped. (i.e. If you skipped a payment for 1 loan, but you have 3 loans with us, you will need $75 in your main share account.)