Dear Member,
Re: Overdraft Opt-In Decision for POS Debit Card Transactions Account
Your decision does not guarantee that we will always pay your every day debit card transactions when there are insufficient funds in your account to cover the transaction. We retain the right to pay or not pay any items at our discretion when there is not enough money in your account to cover the transaction.
If we do pay a transaction presented without sufficient funds, this will create an overdraft and you will be charged a $15.00 fee.
Your decision does not apply to other transaction types, such as checks (both paper and electronic), ACH, other transactions, or automatic bill pay. These items will be subject to our standard overdraft practices when presented for payment without sufficient funds.
If you have any questions, please feel free to contact us.
Sincerely,
Star One Credit Union