Why Join
We are committed to making sure members are on the financial path that works best for them and their situation.
What are overdrafts?
An overdraft happens when you spend more money than what is available in your bank account.
Features
Put these flexible features to work and take the headache out of overdrafts!
Courtesy Pay
You're covered when the unexpected happens:
- $100 Safety Net – Drop up to $100 below zero with no overdraft fees! Qualifying account and direct deposit required.*
- $500 Overdraft Limit ($200 for Fresh Start checking)
- $24 fee per transaction if you exceed the safety net amount.
Overdraft Protection
Link your checking to a backup account for peace of mind:
- Savings or Checking Account: Automatically transfer funds from a designated account to cover charges.
- Line of Credit: Use your approved credit line to cover overdrafts.
Alerts
Need help keeping track of your money? A good strategy is to set an alert that notifies when your account drops below a certain point.
- Take control by setting up your own custom alerts in the mobile app or online banking.**
- Get unlimited notifications based on rules that you set.
Courtesy Pay
With Courtesy Pay, you have the flexibility to temporarily drop below zero on your checking account. Plus, stay free of overdraft fees as long as your account balance does not drop below the safety net amount.
- $100 safety net (with qualifying direct deposit).
- $10 safety net (without qualifying direct deposit).
- Fresh Start checking is limited to a $10 safety net.
- $24 standard fee per transaction if your account balance exceeds the safety net amount.
How long do I have to pay it back?
You must repay all overdraft amounts and bring your available balance positive within 30 calendar days. If the available balance in your checking account remains negative for 45 consecutive calendar days, the account will be closed.
How much can I overdraft?
With Courtesy Pay, there is an overdraft limit of $500 below zero. For Fresh Start checking, the limit is $200.
Courtesy Pay Examples
Our safety net is like a cushion that protects you from overdraft fees as long as your account balance does not drop below the safety net amount.
Example: Sarah is a TTCU member with Free checking and is opted in to Courtesy Pay. She has a qualifying direct deposit set up, this means she has a $100 safety net.
Her account balance is $50, and today, she makes a last-minute $125 purchase for groceries. Her account now reads –$75. And, she has incurred no fees. Yay for flexibility!
To better understand when a Courtesy Pay fee applies see the example below:
Example: Robert is a TTCU member with Free checking and is opted in to Courtesy Pay. He does not have a qualifying direct deposit set up so his safety net is $10.
With his account balance at $15, he makes a purchase of $50. Because is account balance drops to –$35, he exceeds his safety net and incurs the $24 standard Courtesy Pay fee. His account balance is now at –$59. He has the ability to complete his purchase but could benefit by setting up a direct deposit to increase his safety net threshold.
Overdraft Protection
Enjoy peace of mind with our Overdraft Protection Plan. Link your checking account to a backup account or a line of credit to cover overdrafts - with no transfer fees.
How It Works:
- Link a Savings, Checking Account or Approved Line of Credit: Funds automatically transfer from your designated account when your checking balance would become overdrawn.
- No Transfer Fees: Overdraft Protection transfers are free of charge.
- If Funds Aren’t Available: If Courtesy Pay is enabled, enjoy the benefits listed above. Otherwise, transactions are declined.
Overdraft Protection Examples
To see how Overdraft Protection can be utilized with Courtesy Pay, see this example:
Example: Matthew is a TTCU member with Free checking and is opted in to Overdraft Protection as well as Courtesy Pay. He has a qualifying direct deposit set up, which means he has a $100 safety net.
His checking account balance is at $0 and his savings account has $60. Today, he makes a last-minute $140 purchase. Overdraft Protection pulls $55 out of his savings. ($5 always stays.) Since Courtesy Pay is enabled, his account balance drops to –$85. Matthew is able to complete his needed purchase as well as avoiding fees!
To see how Overdraft Protection can be used with multiple savings accounts, see this example:
Example: Lyla is a TTCU member with a Classic checking and has elected to have her savings account as her first back up account and her money market as her second back up to cover overdrafts.
Her checking account balance is $25. She has $50 in savings and $500 in her money market. Today, her utility company processes a $100 ACH transaction for a bill. $25 from checking is used first. Overdraft Protection then pulls $45 from her savings ($5 always stays) and the remaining $30 from her money market account. Lyla’s ACH transaction is paid, avoiding any fees and the hassle of a failed bill payment.
You may be interested in
-
Free
Free Checking DetailsOur Free Checking account has no hidden fees, free ATM access, a Visa® Debit Card and includes overdraft protection.
-
Classic
Classic Checking DetailsMaintain a $250 minimum balance and earn monthly dividends with our Classic Checking account.
-
Fresh Start
Fresh Start Checking DetailsOur Fresh Start account is designed to help those who have had trouble managing their accounts in the past and desire a fresh start.
-
Our family trusts TTCU.
Roger B. -
TTCU simplified my life.
Jennifer O. -
TTCU makes us feel at home.
Marilyn D. -
TTCU supports their members and communities.
Karen W. -
I wouldn't dream of going anywhere else than TTCU.
Wendy M. -
TTCU gave me a chance.
Rebecca A. -
TTCU treats members like family.
Matt D. -
TTCU rises above the rest.
Tina T. -
I'm glad I chose TTCU.
Sherri S. -
TTCU is awesome!!
Jimmy J. -
TTCU makes me feel like a valued member, not just a number
Sherry B. -
TTCU treats me like a person, not just a bank account.
Meredith F. -
TTCU made it easy for us to buy our dream home.
Larry M. -
Thank you for all you do for your members
Vivian B. -
Helping others is what TTCU does best!
Marilyn C. -
Switching to TTCU was the best move I ever made.
Jill S. -
TTCU gave me a second chance.
Kim W. -
Service is always 1st class from start to finish!
R.A. J. -
You can't beat the customer service at TTCU
Misti A -
TTCU is my banking family
Sammie K.
*Courtesy Pay applies when we pay transactions that exceed the available balance in your checking account. We do not pay overdrafts for ATM and everyday debit card transactions unless you have affirmatively consented to the service (Courtesy Pay Plus). A $24.00 fee may be imposed on each transaction submitted and paid that exceeds your available account balance. We do not charge a fee for a transaction if it creates a negative available balance of less than: $10; or $100, if you have a Qualifying Account and Qualifying Direct Deposit. Any negative balance must be repaid within 30 days. Whether your overdrafts will be paid is discretionary and we reserve the right not to pay. For example, we typically do not pay overdrafts if your account is not in good standing. Please refer to the Membership and Account Agreement and the Courtesy Pay and Overdraft Protection Agreements at ttcu.com for full details.
**Message and data fees may apply from your wireless carrier.