Checking Overdraft - Pacific Postal Credit Union

Overdraft Privilege

How does it work?

If you overdraw your account (and you have exhausted all other overdraft sources such as an overdraft line of credit or transfers from your share account), PPCU will normally pay the overdraft, subject to the limit of your Overdraft Privilege. You simply need to bring your account balance to a positive balance within 30 days to continue your overdraft privilege.

Does the program cost anything?

The Overdraft Privilege Program is free for qualifying checking accounts; however, you will be charged a service fee for insufficient funds as appropriate. Checks that are paid through Overdraft Privilege enable you to avoid the additional expense of "returned check" fees charged by the business to whom the check was returned.

How can I get Overdraft Privilege?

Simply maintain your qualifying checking account in good standing to qualify for Overdraft Privilege. Once you receive written confirmation from us that Overdraft Privilege has been added to your account, you can begin using it immediately.

Why are you offering Overdraft Privilege?

We know that sometimes mistakes do occur, causing members to miscalculate the balance available in their accounts. Overdraft Privilege offers you peace of mind when this happens, and helps save you the expense and embarrassment of merchant fees imposed for returned checks. It's a valuable enhancement to your credit union relationship that saves you time and money.

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