An overdraft occurs when you do not have enough money in your Checking Account to cover a transaction, but we pay it anyway. We can cover your overdrafts in two different ways:
This notice explains our standard overdraft practices.
What are the standard overdraft practices (called "Partial Courtesy Pay") that come with my account?
We do not authorize and pay overdrafts for the following types of transactions unless you ask us to (see below for how to ask):
We pay overdrafts at our discretion, which means we do not guarantee that we will always authorize and pay any type of transaction. If we do not authorize and pay an overdraft, your transaction will be declined.
What fees will I be charged if IMCU pays my overdraft?
Under our standard overdraft practices:
What if I want IMCU to authorize and pay overdrafts on everyday debit card transactions (called "Full Courtesy Pay")?
Please complete the form below and click "submit". You may also click "print" to print a copy of this form.
If you would like to Opt-Out of Courtesy Pay, please complete and submit this form.