|
 What
is Courtesy Pay?
Courtesy Pay is a service that adds a
measure of protection to your personal checking/share
draft account. Courtesy Pay may cover items such as
checks and ACH, up to your approved limit, when funds
are insufficient, for a set fee per covered overdraft
transaction. That means, instead of returning a check
to the merchant because of insufficient funds, the
Credit Union may pay your check, saving you additional
charges from the merchant collection companies.
While it is not an invitation to overdraw your
account, it is an added layer of safety should you
accidentally write checks for more than what you have
in your account, or an inadvertent error that causes
your account to be overdrawn. It saves you the
embarrassment an inadvertent overdrawn check can
cause. It also helps protect your credit rating.
How do I Learn More about Courtesy Pay?
Contact a Member Service Representative at 503
283-5193, or 800 922-7390 or visit your nearby branch
and they will be happy to answer your questions. |
