Nobody is perfect. Every now and then you might make a mistake in your share draft checking account that causes an overdraft. At MECU, we know how stressful dealing with your finances can be, and we understand that a little mistake shouldn’t be the end of the world. That’s why we are proud to offer OOPS! Occasional Overdraft Privilege Service.
This convenient service saves you the embarrassment and merchant fees associated with returned checks. You do not have to apply for this service and you do not need to sign any additional documents. However, we do not automatically include ATM and everyday debit card transactions. You must contact us with your decision if you want to choose to “Opt In” for the coverage of ATM and everyday debit card transactions. If the account is eligible, MECU may cover (without obligation on our part) the overdrawn share draft checks and atm/debit card transactions if you choose to “opt in” on your account up to $400. Your account will be assessed our normal NSF charge for each item covered. We will notify you by mail each time the overdraft occurs and you will have up to 30 days to bring your account current. There’s no application to complete and this service is available as long as your account remains in good standing. It costs you nothing unless an overdraft is paid.
Restrictions Apply including the exclusion of Business Accounts and individuals under the age of 21.
Contact MECU if you have any questions or need more information.
If you don’t have a MECU Checking Account, be sure to stop by our office to open an account today.