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How Does an Overdraft Affect My Account?

Posted On: February 23, 2015

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Daniel and Susan were busy getting ready to leave town for a fall weekend getaway. Each of them had a separate “to-do” list, so Susan wasn’t aware that her husband decided to replace his old luggage with a new set just when she was using their debit card to buy a portable GPS unit to make their trip easier. Together, the unexpected purchases overdrew their checking account.

Protection from Unintentional Overdrafts

Sometimes life throws a few financial surprises your way and overdrafts occur. HHFCU’s overdraft protection services are designed to save you from the inconvenience and embarrassment of finding insufficient funds in your account.

At HHFCU, we help our members avoid uncomfortable situations like the couple above in the following ways:

  • Standard overdraft practices that come with your account. This includes our authorization and payment of overdrafts caused by checks or automatic bill payments. You will be charged a fee of $32 each time we pay an overdraft.
  • Overdraft protection plans. Two options include: 1) having your checking account set up to transfer funds from a savings account to cover overdrafts for a small fee of $5, or 2) establishing an overdraft line of credit.1

Add Overdraft Protection to Your Accounts

Almost everyone is capable of an overdraft mistake once in a while and HHFCU is here to help you make the most of your finances – even when you’re busy, running behind or distracted. Visit us at www.HHFCU.org, call 845-561-5607 or stop in and see us today to set up overdraft protection for your accounts.

1 Subject to credit approval.

See a Credit Union Representative for more details.

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