Overdraft Protection

Set up your account, your way: With Overdraft Protection options.

Overdraft Transfer Plan

When you set up Overdraft Transfer Plan, CEFCU will automatically transfer money into your Checking account (if funds are available) to cover overdrafts.

Overdraft Transfers can be made from your:

  • Savings account ($50 increments)
  • Insured Money Market Account (IMMA; $200 increments)
  • CEFCU MasterCard Credit Card ($100 increments)

There’s just an $8 per day fee any day we make an Overdraft Transfer for you. If you don’t use this service, you won’t pay a fee.

Set Up Overdraft Transfer

Overdraft Protection*

Every CEFCU IMMA and Checking account is automatically enrolled in Overdraft Protection.

With this protection, CEFCU can choose (at our discretion) to pay overdrafts from checks, electronic transfers, and similar transactions. This can save you money on merchant overdraft fees. There is a $30 fee for each item CEFCU pays for you with this service, up to $120 per day maximum. If you don’t use this service, you won’t pay a fee.

Debit Overdraft Protection*

For ATM or Debit Card transactions, Debit Overdraft Protection protects you from the inconvenience and embarrassment of declined transactions.

We will only authorize this type of overdraft if you tell us it’s OK, and we can still choose not to pay an item, at our discretion. There is a $30 fee for each transaction CEFCU pays on your behalf through this service, up to $120 per day maximum. If you don’t use this service, you won’t pay a fee.

Contact CEFCU Set Up Debit Overdraft Protection

*You must repay any overdrawn balance on your Checking account immediately upon notification of the overdraft by depositing the necessary funds into your Checking account. Failure to repay overdrafts in a timely manner will result in account closure.