There is no cost to have Courtesy Pay protection on your account. However, if your account is overdrawn, our standard overdraft fee will apply. For example, if your account experiences six (6) overdrafts in a year, your account would be charged $30 per item resulting in a total of $180 for the year. As a benefit to our members, we may waive this fee if your account does not fall below a negative $5.
You are under no obligation to participate in Courtesy Pay. By opting out of this service, you understand that if an overdraft occurs, Tulsa FCU may deny authorization or payment of these items.
We also offer a line of overdraft protection called NuPal. NuPal is a pre-approved overdraft line of credit. If you qualify for this optional service, you may save money on the total fees you’d pay for overdraft services.
For example: If you write a check for $200 and only have $150 in your account, your NuPal account will cover the remaining $50.
You can also use your NuPal as a personal line of credit. There are two ways to access your line of credit – by making a cash withdrawal through the teller line or by writing a check from your account. You can pay off your NuPal balance all at once or by monthly payments based on the balance.
In fact, you can have both Courtesy Pay and NuPal on your account. In this case, your NuPal balance will be used before Courtesy Pay applies.
A NuPal credit line can give you peace of mind and help avoid the frustration of fees.
All programs, rates, terms and conditions are subject to change, at any time, without notice. Tulsa Federal Credit Union eligibility and membership required. If you have any questions or require current rate information on your accounts, please call the Credit Union at 800.256.5626 or 918.610.0200.
3Courtesy Pay covers your overdraft (negative) balances up to (including fees): $500 for Free, $600 for Rewards, $700 for Interest Rewards, $700 for “DBA” and $1,500 for Business on eligible checking accounts. Eligible checking accounts qualify when in good standing, open for at least 30 days with consistent deposit activity, current on all obligations with us and not subject to any legal or administrative order or levy. A $30 fee will be applied to each item that posts to your account resulting in an overdraft (negative) balance. Courtesy Pay applies to a variety of transactions including checks and other transactions made using your checking account number, in-person transactions, bill payments, ATM and debit card transactions and other electronic means. You must bring your account balance to a positive balance within a 25-day period from the first negative occurrence for a minimum period of 24 hours. Courtesy Pay is a discretionary service and is not a right or obligation. You may opt-out of the service at any time including the optional affirmative consent for everyday ATM/Debit card transactions. We reserve the right to refuse to provide this service at any time or from time to time on any account without notice.