At Pinnacle, we know that mistake happen. That’s why we offer a variety of overdraft options to help you avoid the inconvenience of overdrawing your account.
Overdraft Coverage Options
The choice is yours. Consider these way to cover overdrafts:
|Overdraft Protection link to another deposit account you have at Pinnacle FCU*||$0 fee per transfer (maximum of 6 transfers per month)|
|Checkmate Line of Credit||Subject to interest and credit approval|
|Overdraft Privilege||$30 overdraft fee per item|
*Checkmate is subject to credit approval.
Overdraft Protection services apply to all transactions and may help prevent overdrafts by automatically transferring funds to your checking account from another account, or line of credit you may have at Pinnacle FCU (a finance charge may apply.) Please note that Checkmate line of credit is subject to credit approval.
Overdraft Privilege allows you to overdraw your account up to the disclosed limit for a fee in order to pay a transactions. Even if you have overdraft protection, Overdraft Privilege is still available as secondary coverage if the other protection source is exhausted.
|Transactions covered with Overdraft Privilege||Standard Coverage||Extended Coverage
(Your consent required)*
|ACH - Automatic Debits||X||X|
|Recurring Debit Card Payments||X||X|
|Online Bill Pay items||X||X|
|Online banking transfers||X||X|
|Telephone Banking (TELL-Me)||X||X|
|Teller window transactions||X||X|
|Everyday Debit Card transactions||X*|
*If you choose Extended Coverage, ATM withdrawals and everyday debit card transactions will be included with the transactions listed under Standard Coverage. You can discontinue the Overdraft Privilege in its entirety by contact us at 732-225-1505 ext. #250, sending us an email at firstname.lastname@example.org or opting out below.