We understand that when you're busy it's easy to lose track of your checking account balance. Now you can avoid returned checks and costly fees from merchants. 

Courtesy Pay Protection is a feature on your checking account that helps to avoid returned checks by automatically paying overdrafts. Rather than returning your check, the credit union will cover the difference up to $500 for Value or ePlus Checking Accounts and $200 for a Freedom Checking Account.

You have an option concerning whether you want to have our overdraft services cover your ATM and everyday debit card transactions. Your ATM and everyday debit card transactions will not be protected under our overdraft protection unless you opt in. 

Fee for payment of each overdraft

Your account will be charged $28 for handling each overdraft paid by the discretionary Courtesy Pay overdraft protection.

The categories of transactions for which a fee for paying an overdraft may be imposed

This privilege is available to qualified members for checks, ACH items and Online Bill Pay items.

The time period by which the member must repay or cover any overdraft

You'll have up to 45 days to repay the overdraft to retain the Courtesy Pay privilege.

The circumstances under with the Credit Union will not pay an overdraft

In the event that you choose to not opt in to the Courtesy Pay Program or if the privilege is revoked, all overdrafts will be automatically returned marked "NSF” and applicable fees per item will be charged to your account.

Important Information about Overdraft Changes

Debit and ATM cards are a convenience it's hard to imagine living without. Using debit and ATM cards makes it easier than ever to make purchases and payments, but it also makes it easier to overdraw a checking account and incur fees associated with overdraft protection services. As a result, federal lawmakers have created new rules governing overdraft protection programs that went into effect on July 1, 2010.

You now have an option concerning whether you want to continue to have our overdraft service cover your ATM and everyday debit card transactions . Please take note that this opt-in rule applies only to ATM and everyday debit card transactions and does not pertain to overdraft protection services associated with written checks or recurring debit transactions, such as regularly scheduled bill payments.

Why opt in?

Meritus Credit Union overdraft protection is designed with your protection and convenience in mind. The vast majority of our members do not overdraw their accounts and incur fees, however life doesn't always go according to plan, and overdrafts do occur. Without overdraft protection, your ATM and everyday debit card transactions may be declined if you attempt to make a transaction without sufficient funds. 

For existing accounts: If you do not opt in, beginning August 15, 2010, your ATM and everyday debit card transactions will not be protected under Meritus Credit Union overdraft protection.

For new accounts: If you open a new account on or after July 1, 2010, your ATM and everyday debit card transactions will not be protected under Meritus Credit Union's overdraft protection unless you opt in.

Frequently Asked Questions

How is my overdraft service changing?

This chart below shows the types of transactions that are currently considered for overdraft service and how that will change if you don't opt in. When you opt in, you'll have the same service as always!



Starting August 15, 2010

Starting August 15, 2010

Type of Transaction Considered for Overdraft


If you DO NOT opt in

If you DO opt in

Checks and other payments using your account number (Ex: ACH)




Recurring debit card transactions




ATM withdrawals




Everyday debit card transactions




How much does it cost?

  • NO FEE to keep Courtesy Pay Overdraft Protection coverage on your account.
  • NO FEE to be able to use it.
  • Each time you use your Debit Card without sufficient funds in your account, you'll pay a $28 Courtesy Pay fee and we do not limit the number of overdraft transactions that may occur. 

What happens if I don't do anything?

Starting August 15, 2010, any everyday debit card transaction or ATM withdrawal that exceeds the available funds in your account will generally be declined.

If I have Meritus Credit Union Overdraft Protection linked to a savings account, do I still need this service?

The Meritus Credit Union Overdraft Protection you may already have on your checking account allows us to automatically transfer money from your savings account if the balance in your checking account runs low. However, if you don't have money available in these accounts to cover you, your Debit Card purchases will be denied. That's where Courtesy Pay Overdraft Protection can help. It may allow your Debit Card to continue working if you don't have enough money available in your savings account.

What if I can't decide if I want this service?

We're happy to talk with you about options for managing your account. Call or visit a branch to discuss Courtesy Pay Overdraft Protection.