1. New Account Information - Gives you access to all our benefits, including free checking, debit card, VISA , low-cost loans and much more!
2. Change Payroll Direct Deposit/Automatic Payment - Popular services
that ensure your regular checks get into or out of your account as soon as desired.
3. Close Other Account -- Just complete the form, we'll close out your old accounts. The
money you receive can then be deposited into your Credit Union Advantage
account.
Click to reorder your Credit Union Advantage checks...
Opt In/Opt Out Explanation and Form
An overdraft occurs when you do not have enough money in your account to cover a transaction. As a service, we can cover your overdrafts in two different ways:
1. We have Advantage Pay courtesy pay that comes with your account.
2. We also offer overdraft protection plans, such as a link to a share account, which may be less expensive than Advantage Pay. In most cases, this is already active on your account. Available funds in a share account will be accessed before the Advantage Pay is activated. To learn more, ask us about these options.
What are the procedures for Advantage Pay if my account is overdrawn?
We do pay overdrafts for the following types of transactions up to your $500.00 Advantage Pay Limit:
· 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 (see below):
· ATM transactions
· Everyday debit card transactions
Advantage Pay coverage will be available at our discretion, which means we do not guarantee that we will always authorize or pay any type of transactions.
If we do not authorize and pay an overdraft, your transaction will be declined.
What fees will I be charged if I overdraft my account?
If we pay the transaction with Advantage Pay you will be charged $25.00 per transaction.
If we do not pay the transaction with Advantage Pay you will be charged $25.00 per transaction, plus you may then be subject to penalties from the merchant.
· There is no limit to the number of total fees we can charge you for overdrawing your account.
· Overdraft items will be posted in accordance with Credit Union Advantage’s existing checking account procedures.
What if I want Credit Union Advantage to handle my ATM and everyday debit card transactions as we do today by authorizing and paying overdrafts on my ATM and everyday debit card transactions after July 1, 2010?
If you want us to authorize and pay overdrafts on ATM and everyday debit card transactions after July 1, 2010, call 248-996-6070 ext 102 or complete the form below and present at one of our locations or mail to: Credit Union Advantage 22250 Providence Drive, Southfield, MI 48075. Thank you.
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Overdraft Services Opt-In option for ATM and one-time debit card transactions
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Fax, bring or send this form to (Institution Name).
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Effective Date: July 1, 2010
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___ I do not want (Institution Name) to authorize and pay overdrafts on my ATM and everyday debit card transactions
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___ I want (Institution Name) to authorize and pay overdrafts on my ATM and everyday debit card transactions
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Signature: ____________________________
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Date: ____________________
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Name: _______________________________
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Email: ___________________
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Account Number(s):
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_________________________
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Credit Union Advantage
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_________________________
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22250 Providence Drive
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_________________________
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Southfield MI 48075
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