With Jeanne D’Arc Credit Union, you have several different forms of overdraft protection available to choose from. These are solutions to help you if you overdraw your bank account. Here’s a breakdown of how these different protection options work for you.
We have three options to help you with overdraft protection on your checking account(s):
- Savings Account: will transfer the funds out of your savings to cover overdrafts with a small fee of $7.50 applied for that service.
- Overdraft Line of Credit: will cover your overdrafts up to an approved limit. There is no overdraft fee with this option, but the overdrawn funds need to be paid back along with interest.
- Extended Overdraft (EOD): if you make a purchase that extends beyond the money in your account, we’ll ensure your payments are covered up to $500 until you replenish the funds, but there is a fee associated with this service.