A member's checkbook

What is Overdraft Privilege?

Overdraft Privilege offers an extra layer of protection to your checking account. If you don’t have a sufficient available balance in your account to cover a transaction, we may cover the transaction up to an approved limit, eliminating the embarrassment and expense of returned checks, while also protecting your credit rating.There is no fee for Overdraft Privilege, unless you use the service. Please see the Funds Availability Policy Disclosure for more information on the availability of funds in your accounts.

How can I avoid non-sufficient fund incidents?

Community Choice offers several tools to help you monitor your account activity at home or on-the-go:


How does Overdraft Privilege work?

If you overdraw your account by a check, electronic payment (ACH), e-Pay, ATM or point-of-sale debit card transaction, Overdraft Privilege may cover your transaction even though you do not have enough money in your account. Your overdraft limit is based on your financial history.

If you use Overdraft Privilege your account will have a negative balance. You will be charged a $30.00 overdraft fee; however, you would avoid any merchant fees.

If you have established overdraft protection to cover a negative balance through an automatic transfer from a savings account or approved line of credit, Community Choice will access funds from these sources before using your overdraft limit.

Do I have to sign up for Overdraft Privilege?

You are automatically enrolled into Overdraft Privilege for paper checks and electronic transactions as long as your checking account is in good standing at the time of account opening and you have no negative check reporting information or prior closures on file with the consumer reporting agencies. Overdraft Privilege will not apply to your everyday debit card transactions unless you opt-in by completing the enrollment form

Can I opt-out of Overdraft Privilege?

If you do not want us to pay your overdrafts on any transaction type, you may opt-out of Overdraft Privilege by contacting us at 877.243.2528. When you opt-out, any payment or transaction exceeding your available account balance will be returned unpaid. If you receive a social security or other federal benefit check via direct deposit, you must opt-out if you do not want us to apply those funds to repay an overdraft.

Is there any cost for using Overdraft Privilege?

While there is no enrollment cost for Overdraft Privilege, you will be charged each time you use the service. By maintaining accurate records and practicing good account management, you can avoid overdrafts and the resulting fees. 

Ways to cover overdrafts Fees
Good account management
Overdraft protection from savings
Overdraft protection from line of credit
Non-sufficient funds
Overdraft Privilege  $30/item

For more details about Overdraft Privilege, please contact us at 877.243.2528 or stop by one of our convenient member center locations.

Overdraft Privilege FAQs


Overdraft Privilege guidelines

As a service to members in good standing and to help you avoid the fees that may be charged by third parties for "bad" checks, we may, at our sole discretion, approve your reasonable overdrafts up to a dollar amount (inclusive of fees). A fee will be charged for each overdraft item or non-sufficient fund (NSF) item as outlined in our fee schedule. 

Community Choice’s Overdraft Privilege is extended to all account holders with checking accounts in good standing, defined as 1) Making regular deposits sufficient to cover transactions; 2) Bringing the account to a positive balance when overdrawn, and; 3) There are no legal orders outstanding on your account, 4) There is no negative check reporting history with the consumer reporting agencies and your FICO scores fall within the ranges of the program. We may, at our sole discretion, pay overdrafts up to the limits mentioned above, including our normal non-sufficient funds or Overdraft Privilege fee(s).

You will be notified if an overdraft occurs, and you are expected to bring your account to a positive balance within 24 hours. The total fees you have paid for non-sufficient funds items (both paid and returned, for the current month and year-to-date) will be on your monthly statement.

The overdraft limit we offer to our members range from $300 to $2,500 for personal checking accounts. The overdraft limit may vary depending upon your account status and financial history. 

Limits are subject to change daily without notification. Therefore, just because we may pay your overdraft transaction today, does not guarantee that we will always pay your transaction when you do not have enough money in your account to cover the payment. Your overdraft limit is not reflected in your balance provided at the ATM, by a Personal Advisor, e-Banking, Mobile Banking or Telebanking.

As always, we encourage you to manage your finances responsibly; however, as long as you maintain your account in good standing, we may, as a courtesy, approve your overdrafts within your current available overdraft limit. However, we reserve the right to pay overdraft at our discretion. If you do not have sufficient funds, and we return the item unpaid, you will be assessed the $30.00 non-sufficient funds fee.