Overdrafts
We know mistakes happen.
Alltrust Credit Union offers overdraft options that help eligible members manage transactions when there is not enough money available in an account.
What happens when there is not enough money in your account?
An overdraft can happen when a transaction is processed for more money than is currently available in your account. Depending on your account and the overdraft services available to you, Alltrust may offer options that can help cover the transaction or help you avoid a declined payment.
Overdraft Transfers
Overdraft Transfers can connect an eligible Alltrust savings account to your checking account. When there is not enough money available in checking, funds transfer from savings to help cover the transaction.
There is currently a $10 fee per transfer. Confirm the current fee schedule and account requirements before enrolling.
Overdraft Privilege Program
The Overdraft Privilege Program may provide eligible members with another option when an account does not have enough money to cover a transaction. Under the program, Alltrust Credit Union may choose to pay an overdraft amount, subject to the program terms, available coverage, and applicable fees.*
Review the current Overdraft Privilege Program details, fee schedule, and opt-in requirements before choosing this option.
*If you use Overdraft Privilege you will be subject to our customary fees set out in our Fee Schedule and Overdraft Privilege Policy.
For members that would like to opt-out of the overdraft privilege program, you can opt out online, by phone, or at a branch.
Frequently asked questions
An overdraft can occur when a transaction is processed for more money than is available in your account.
Overdraft Transfers may move money from an eligible linked savings account. The Overdraft Privilege Program may provide additional coverage for eligible accounts, subject to program terms and fees.
No. Payment decisions are subject to the current program terms, account status, available coverage, and applicable requirements.
There is currently a $10 fee per transfer. Review the current fee schedule before enrolling because fees may change.
Some overdraft services may require an opt-in. Contact Alltrust Credit Union or review the current program materials for details about your available choices.
