Overdraft Privilege

SJFCU can help make sure a small concern
doesn’t turn into a big headache.

Whether it’s an honest mistake balancing the checkbook, an unforeseen expense or a temporary shortfall – sometimes your balance can fall on the wrong side of zero.

Save the expense and anxiety of returned checks with SJFCU’s Overdraft Privilege.

If you have Overdraft Privilege, SJFCU honors an overdraft transaction up to a maximum preset limit, automatically. All you need is an eligible Checking Account. There’s no application necessary and nothing to sign.

The fee for Overdraft Privilege is the same as for checks drawn against insufficient funds. For each item paid by Overdraft Privilege, $30 will be deducted from your account. The benefit is that SJFCU will clear your check instead of sending it back unpaid, and you won’t incur additional charges from the merchant to whom you wrote the check.

Here’s how it works, with and without Overdraft Privilege:

Qualifying for Overdraft Privilege depends on a number of factors, including how long your SJFCU checking account has been open and whether it has been maintained in good standing. To learn more, call (800) 582-7640.

Discretionary Overdraft Privilege Policy