What You Need to Know About
Overdrafts and Overdraft Fees

An overdraft occurs when you do not have enough money available in your account to cover a transaction when the item clears your account, but we pay it anyway. We can cover your overdrafts in two different ways:

  1. We have standard overdraft practices that may come with your account. This service is called Courtesy Pay.
  2. We also offer overdraft protection plans, such as a link to a savings account or line of credit, which may be less expensive than our standard overdraft practices. To learn more, click here.

This notice explains our standard overdraft practices. (See our Service Charge Schedule for details)

  • What are the standard overdraft practices that come with my account?

  • We may authorize and pay overdrafts with Courtesy Pay for the following types of transactions:

    • Checks and other transactions made using your checking account number
    • Automatic bill payments

    We do not authorize and pay overdrafts for the following types of transactions unless you ask us to by enrolling in Debit Card Courtesy Pay (see below):

    • Everyday debit card transactions (merchant transactions)

    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 California Coast Credit Union pays overdrafts for everyday debit card transactions using Debit Card Courtesy Pay?

    • We will charge you a fee of $27 each time we pay an overdraft if your available balance is overdrawn by more than $20. We will not charge you a fee if your available balance is overdrawn by $20 or less.
    • There is not a limit on the total fees that can be charged for overdrawing your account.

  • What fees will I be charged if California Coast Credit Union pays overdrafts for checks and ACH transactions using Courtesy Pay?

    • We will charge you a non-sufficient funds fee. See our Service Charge schedule for details.
    • There is not a limit on the total fees that can be charged for overdrawing your account.