Everyone makes mistakes. You shouldn't have to pay big bucks for yours.
When your checking account balance dips too low, we think you should be able to easily transfer funds you have in other accounts to keep it safe from overdraft. That's why we offer overdraft protection for your checking account using any one of the following LGFCU accounts:
- Share Account
- Money Market Share Account
- Personal Loan
- Home Equity Line of Credit
- Up to two Checking Accounts
- Visa® Credit Card
How it works
When you have overdraft protection, a transfer will be made from one of these accounts into your checking account to keep it safe from overdraft fees, up to the entire available balance or amount of credit. Funds may be transferred in increments of $50 ($500 if using a Home Equity Line of Credit). There's a low 50-cent fee for each transfer.
More than six uses of this service per month will be charged a fee equal to the current Non-Sufficient Funds (NSF) fee. Repeated excess transfers from your overdraft protection account may cause the loss of overdraft privileges. Overdraft transfers from Share or Money Market accounts count as Regulation D covered transfers, which are limited to six per account, per month.
We can help
If you're having trouble keeping a positive balance or enough funds to pay for the things you need, call or visit your local branch for help getting your finances back on the right track.