Overdraft Protection
Add overdraft protection to your Telcoe Federal Credit Union checking account and enjoy worry-free spending every time you use your card.
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Automatic
Funds are transferred from your linked savings account when there is an insufficient balance in your account.
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Convenient
Up to six overdraft transfers per month, providing the protection you need when an overdraft occurs.
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Affordable
While it is best to avoid it altogether, the overdraft transfer fee is less than the fee for a non-sufficient funds (NSF) charge.
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Proactive
Our digital banking and mobile app tools help you prevent negative balances and avoid unnecessary overdraft fees.
Spend Safely With Overdraft Protection
Overdraft protection from Telcoe Federal Credit Union helps you manage your finances better by automatically transferring funds from your savings account when your account is overdrawn.
Telcoe’s overdraft protection plan is more affordable than NSF fees and gives you the peace of mind of knowing your payments won't be declined.
Enrolling in Overdraft Protection is Easy!
STEP1
Choose an Account
Pick the best Telcoe FCU checking account for your needs and budget.
STEP2
Sign Up
Opt-in to our Overdraft Transfer Program to cover NSF transactions on your account.
STEP3
Spend Safely
Use your checking account with confidence, knowing that we’ve got you covered!
Get Your Overdraft Protection Questions Answered
Ways to Monitor Your Account and Avoid Fees
Digital Banking
Set alerts in Digital Banking to let you know if your account reaches a certain high or low balance or if transactions over a certain amount take place.
Telcoe FCU Mobile Banking App
Use the free Telcoe Federal Credit Union Mobile Banking App to quickly and easily check your balances.
Keep Records
Record all your automated transactions, bill payments, online banking transfers, checks, debit card transactions, ATM withdrawals, and other payments. You can ask for a check register at any branch.
★★★★★
I’ve been banking with Telcoe for 21 years. I’ve always had
pleasant experiences. They have
always been professional
and always willing to help.
– Petra L., Little Rock, AR
Overdraft Protection FAQs
What is overdraft protection?
An overdraft service automatically transfers funds from your linked savings account to your checking account when you have insufficient funds in your checking account to cover a transaction.
How does overdraft protection work?
If your checking account balance is insufficient, an overdraft protection transfer will move money from your savings account to ensure a positive balance to cover the transaction, as long as there are enough funds available in your savings account.
How much does overdraft protection cost?
The fee for an overdraft transfer to post to your account is lower than a non-sufficient funds (NSF) fee, making it a more affordable way to avoid overdraft charges.
How many overdraft transfers can I make each month?
Telcoe Federal Credit Union allows you to make up to six overdraft transfers per month from your linked savings account to your checking account.
How do I set up overdraft protection?
Overdraft protection can be set up by linking your checking account to a savings account. Contact a Telcoe FCU branch to enable this feature or set it up through our online banking service.
Can I monitor my accounts to prevent overdrafts?
Yes! You can set alerts in online banking, use the mobile app to check the money in your account and track all your transactions using a check register.
Will all my transactions be covered by overdraft protection?
Overdraft protection applies to checks and electronic payments, provided your linked savings account has sufficient funds to cover the transaction.
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*APY = Annual Percentage Yield.