Overdraft Protection

Overdraft Protection For Life's Little Mistakes

An overdraft occurs when there is not enough money in a checking account to cover a transaction. Courtesy Pay is a service that allows us to pay an item presented for payment against your checking account even if it causes the account to become overdrawn. We give members options when it comes to how we handle overdrafts.

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Overdraft Transfer

  • This service is FREE and includes all transaction types.

  • Overdraft Transfer links a primary share account and/or an Access Line of Credit to a checking account. This service will transfer available funds from the linked accounts in the order specified to cover an overdraft.

Courtesy Pay

  • Items covered include:

    • Checks

    • Automatic payments

    • Recurring debit card

    • Bill pay transactions

    • In-person transactions

  • Courtesy Pay Fee per item paid.  Please see Fee Schedule.

  • Courtesy Pay is an overdraft privilege that is automatically available to members with an eligible checking account. For each overdraft transaction presented, we pay the item rather than return to the merchant (up to the maximum limit).  Members have 30 calendar days to make a deposit to bring the account balance positive. Once the account balance is positive, the full Courtesy Pay limit is available to use again as needed.

Courtesy Pay Plus

  • Items covered include:

    • Everyday debit card transactions

    • ATM withdrawals

  • Courtesy Pay Fee per item paid.  Please see Fee Schedule.

  • In addition to covering the transactions stated for Courtesy Pay, Courtesy Pay Plus allows Y-12 FCU to authorize and pay debit card purchases and ATM withdrawals that would overdraw an account. Members must opt-in to receive Courtesy Pay Plus.

No Coverage

  • No transactions are covered

  • Members may elect to opt-out of all Courtesy Pay coverage. This means that we will not authorize and pay any transactions that would overdraw the account. These transactions may be returned to the payee and will result in a $32 NSF fee. There may also be fees assessed by the payee who receives the returned item.

If you wish to "Opt Out" of the Courtesy Pay Program or would like more information, please contact us at 865-482-1043, 800-482-1043 or Y12info@y12fcu.org.