Overdraft Protection and Courtesy Pay
Life happens! Heartland Credit Union understands that unexpected overdrafts occur from time to time - Overdraft Coverage can help.
Overdraft Coverage Options
The choice is yours. Consider these ways to cover overdrafts:
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Service
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Cost
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Overdraft Protection Link to Another Deposit Account you have at Heartland Credit Union1
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$3.00 fee per transfer
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Overdraft Protection Line of Credit1, 2
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Subject to fees + interest
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Courtesy Pay
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$35.00 per item. Daily fees may apply.
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1Call us at (217) 726-8877 or come by a branch to sign up or apply for these services. 2Subject to credit approval.
Overdraft Protection applies to all transactions and may help prevent overdrafts by automatically transferring funds to your checking account from another account or line of credit you may have at Heartland Credit Union for a fee or finance charge. Please note that overdraft lines of credit are subject to credit approval.
Courtesy Pay allows you to overdraw your account up to the disclosed limit for a fee to pay a transaction. Even if you have Overdraft Protection, Courtesy Pay is still available as secondary coverage if the other protection source is exhausted. Please review the “What Else You Should Know” section included with this disclosure for other important information.
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Transactions Covered with Courtesy Pay
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Standard Coverage
(No action required)
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Extended Coverage
(Your consent required on consumer accounts)*
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Checks
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x
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x
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ACH - Automatic Debits
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x
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x
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Recurring Debit Card Transactions
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x
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x
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Online Bill Pay Items
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x
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x
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Teller Window Transactions
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x
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x
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ATM Transactions
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x*
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Everyday Debit Card Transactions
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x*
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Extended Coverage for Future Transactions
You can easily extend overdraft coverage for future occurances. There are many ways to do it. Choose from one of these options:
Download Overdraft Consent Form
*If you choose Extended Coverage on your consumer account, ATM transactions and everyday debit card transactions will be included with the transactions listed under Standard Coverage. If you already have Courtesy Pay Extended Coverage, it is not necessary to request it again. Business accounts automatically have Extended Coverage.
You can discontinue Courtesy Pay in its entirety by contacting us at (217) 726-8877 or come by a branch.
If you have any questions about Overdraft Protection or Courtesy Pay, please call us at (217) 726-8877 or visit a branch.