Overdraft privilige for your checking account
We have long offered our Courtesy Pay service, an overdraft privilege program that gives members an added level of protection against unanticipated cash flow emergencies and account reconciliation errors. Many of our members take advantage of this valued service when they may be short on cash or need an immediate advance to their checking account.
Due to legislation, the Credit Union is not able to authorize and pay overdrafts on ATM and everyday Debit Card transactions unless specifically authorized by you to do so. If you choose not to authorize the Credit Union to pay overdrafts on these transactions, your ATM and Debit Card transactions, for which there are not enough funds in your account, will be declined.
Take advantage of Courtesy Pay
We urge you to take this opportunity to opt-in now by simply logging in to your account online via eBranch or printing and returning the completed Reg E Opt-In Form to us via one of the methods
- Deliver to Any Branch Location
- Email: ContactUs@CUofGA.org
- Fax: 678-486-1191
- Mail: Credit Union of Georgia, P.O. Box 788, Acworth, GA 30101
Avoid inconvenience and the embarrassment of declined transactions
There is no charge for simply having Courtesy Pay on your account; you will only be charged if you use the service to pay items in excess of your available balance. Please remember that if you choose not to opt-in to the Credit Union’s FREE Courtesy Pay Service, all ATM and Debit Card transactions that would overdraw your account will be declined. If you have any questions regarding Courtesy Pay, please contact us today at 678-486-1111.
Frequently Asked Questions
Courtesy Pay is an overdraft privilege limit that is automatically assigned to your account. There is no action required on your part. You do not need to sign anything. Courtesy Pay is a safety net that prevents items from being returned. It costs you nothing unless you use it ($33 per item).
As long as you maintain your account in good standing (defined as making regular deposits and bringing your account to a positive balance at least once every 30 days), Credit Union of Georgia may honor overdrafts up to the Courtesy Pay limit on your account.
Overdraft transfers and overdraft protection will always be used first. Courtesy Pay is there for those unexpected occurrences.
We can set up overdraft transfer or process your overdraft protection application today!
Pay those bills without incurring any late charges. Write the check without having to pay from another source.
There is no additional cost associated with this privilege unless you use it. However, you should keep in mind that you will be charged a Courtesy Pay fee of $33 for each item paid under the limit.
Overdrafts above and beyond your established Courtesy Pay limit may result in a check or checks being returned to the payee. The normal NSF fee will be charged per item and assessed to your account. So as not to exceed your limit if you use Courtesy Pay, you should note that the amount of the overdraft plus our standard NSF fee of $33 for each item will be deducted from your overdraft limit.
You should make every attempt to bring your account to a positive balance within 30 days. If you are unable to do so, you will receive a letter from Credit Union of Georgia informing you of the situation and your options. If, after a period of time, your account has not been brought to a positive balance, we may suspend your overdraft privilege limit and take other steps to recover funds.
If you are a new active account holder, you may be able to use the overdraft privilege limit assigned to your account 30 days after the account is opened.