We've Got You Covered
We’ve got your back for those unexpected times when you don’t have enough funds in your checking account to pay for expenses. Whether it’s a bill, a recurring expense, or an everyday purchase with your debit card, we have several options to help you out.
At Community Resource Credit Union, we do not encourage overdrafts. As always, we encourage you to manage your finances responsibly. However, we want to save you from the additional merchant fees and possible damage to your credit history that might result if a check is returned.
That’s why we provide Courtesy Pay, a special overdraft service for CRCU members.
Courtesy Pay limits for checks, recurring debit card transactions and ACH debits are $500 for members with a Free Checking account and to $700 for members with Reward Checking account.
This increase in Courtesy Pay limits will also include everyday debit card transactions if you have opted in the Courtesy Pay program.
What Are My Overdraft Coverage* Options?
The best way to avoid overdrafts and fees is to keep track of your account balance by entering all checks, debit card purchases and ATM withdrawals in your check register, reconcile your checkbook regularly and manage your finances responsibly. However, if a mistake occurs, CRCU offers these ways to cover overdrafts.
| Ways to Cover Overdrafts at CRCU | Example of Associated Fees1 |
|---|---|
| Good Account Management | $0 |
| Link to any CRCU Savings/Checking Account | $2 Transfer Fee2 |
| Line of Credit | 14% APR3 |
| Courtesy Pay | $29.50 for Each Item |
|
1 This information is effective as of June 2015 and is provided as an example. 2 The number of transfers allowed from a savings account each month may be limited and additional fees / consequences for exceeding this limit may apply. 3APR – Annual Percentage Rate – Subject to change. Please ask us about our current specific products, rates and fees. |
What is Courtesy Pay**?
Courtesy Pay is a discretionary overdraft service that provides you a safety net up to an automatically assigned overdraft limit.
Your Courtesy Pay limit may be available for checks and other transactions made using your checking account number or automatic bill payment and recurring debit card payment. Also, at your request, we may authorize and pay ATM transfers or withdrawals and everyday debit card purchases using your limit.
How can you opt-in, or sign up for the Courtesy Pay Protection?
You can easily opt-in to CRCU's Courtesy Pay online. Visit our online Opt-In Form, complete the required information, and then click the submit button. You can also opt-in by calling 281.422.3611, or mail in your completed form to Community Resource Credit Union at 3110 Rollingcreek Dr., Baytown TX, 77521, or visit any CRCU Branch.
Opt-In Online
Sign up for Overdraft Courtesy Pay by submitting an online form. You also have the option to Opt-Out.
Download Form
Completed the Opt-In form and drop it off at any CRCU Branch or mail it into our Headquarters location.
Call or Message Us
Give us a call or send us a message to discuss overdraft coverage options or your account preferences.
How does Courtesy Pay work?
We are not obligated to pay any item presented for payment if your account does not contain sufficient funds; however, as long as you maintain your account in “good standing,” we may approve your overdraft items within your current available Courtesy Pay limit as a non-contractual courtesy.
For Courtesy Pay consideration, your account is in “good standing” if you:
- Make sufficient deposits to bring your account to an end of-day positive balance at least once every 30 calendar days (including the payment of all credit union fees and charges)
- Avoid excessive overdrafts suggesting the use of Courtesy Pay as a continuing line of credit
- There are no legal orders, levies or liens against your account.
Please note that the amount of overdraft plus our Courtesy Pay Fee of $29.50 for each item will be deducted from your Courtesy Pay limit. If the item is returned, the Non-Sufficient Fee (NSF) of $29.50 will be deducted from your account. No interest will be charged on the overdrawn balance.
*Please refer to the Courtesy Pay Policy for additional details.
How soon can I use my Courtesy Pay?
If you are a new account holder, you may be able to use the Courtesy Pay privilege service approximately 30 days after the account is opened, assuming your account is in “good standing” as defined in the Courtesy Pay Policy.
Are there other ways I can cover overdrafts at CRCU?
The best way to avoid overdrafts and fees is to keep track of your account balance by entering all items in your check register, reconcile your check book regularly and manage your finances responsibly. However, if a mistake occurs, Community Resource Credit Union offers additional ways to cover overdrafts in addition to Courtesy Pay.
What if I don't want Courtesy Pay on my account?
If you would like to have this service removed from your account, please call 281.422.3611 or 800.238.3228.
What is my Courtesy Pay limit?
If I have two checking accounts, can I get Courtesy Pay on both?
Locate your account type below and make note of the corresponding limit. If you have multiple accounts for your household, you may have a limit on all eligible accounts.
- Free Checking $500
- Interest Checking $700
- Senior Checking $700
- Reward Checking $700
How do I know when I use the overdraft limit?
Each time items are paid, you will receive a Courtesy Pay notice in the mail or via e-mail if you are enrolled in e-Statements and e-Notices. The notice will show the check number if available, transaction amount, and the Courtesy Pay Fee. You will need to subtract the total fees when balancing your check book.
What if I go beyond my Courtesy Pay limit?
Overdrafts above and beyond your established Courtesy Pay limit may result in checks or other items being returned to the payee. The Non-Sufficient Fee (NSF) of $29.50 will be charged per item and assessed to your account. An NSF notice will be sent to notify you of items paid and/or returned.
How quickly must I repay my Courtesy Pay?
You should make every attempt to bring your account to an end-of-day positive balance as soon as possible, and must do so within 30 calendar days. If you are not able to do so, you will receive a letter from Community Resource Credit Union informing you that your Courtesy Pay limit has been suspended and additional items will be returned.
What does Courtesy Pay cost?
There is no additional cost associated with this privilege unless you use it. You will be charged our Courtesy Pay Fee of $29.50 for each overdrawn item created by check, in-person withdrawals, ATM withdrawals or other electronic means paid under the limit. For example, three paid items in one day will result in $88.50 in Courtesy Pay Fees. To help you manage your account, your monthly checking statement will reflect all paid and returned items for the current month and year-to-date fees.
What are ways I can access my Courtesy Pay limit?
Will my limit be reflected in the balance I receive?
The chart below shows the different ways you can access your Overdraft Courtesy Pay limit and indicates whether or not this limit will be reflected in the balance provided.
| Access Points | Is my Overdraft Privilege available? | Does the balance provided include my courtesy pay limit? |
|---|---|---|
| Teller | No | No |
| Writing a Check | Yes | N/A |
| Debt Card (recurring) | Yes | N/A |
| Debit Card (every day) | Upon Request** | N/A |
| ATM Withdrawal | Upon Request** | No |
| ACH-Auto Debit | Yes | N/A |
| Online Banking | No | No |
| Bill Pay | Yes | N/A |
| Touch Tone Teller | No | No |
**Overdraft Courtesy Pay service will be made available for ATM or everyday debit card transactions upon your request. Call 281-422-3611, visit our online Opt-In Form or visit one of our branches to arrange for your ATM and debit card coverage.
Please see the Account Agreement for information on Automatic Overdraft Protection Options, Optional Courtesy Pay for Checking Accounts, and Optional Courtesy Pay Overdraft Service for Debit Card Transactions (purchases only, not ATM cash withdrawals) and the Account Disclosures for more information concerning NSF and Overdraft Fees. See account disclosure here.
*Overdraft service should not be viewed as an encouragement to overdraw your account. We encourage you to manage your finances in a responsible manner. An overdraft can occur in your deposit accounts in several ways such as when there are not sufficient fund in your accounts upon (1) the payment of checks, electronic funds transfers, or other withdrawal requests; (2) payments authorized by you; (3) the return of unpaid items deposited to your account; (4) assessment of fees; or (5) when deposited items or no yet available or finally paid, also called “uncollected funds”. We are not obligated to pay any item or payment request presented to your account if your accounts do not contain sufficient funds. CRCU may or may not pay an item at our sole discretion. CRCU does not include available overdraft amounts in the balance provided by a teller, at the ATM or Point of Sale (POS) debit card transaction, or through Telephone or Online Banking. Optional Courtesy Pay for Checking Accounts in a non-contractual service which is available to individually/jointly owned accounts in good standing. The Overdrawn amount in your account plus any Overdraft Fee that you owe us will be due immediately and payable on demand. You will be notified by mail or via e-mail if you are enrolled in e-Statements and e-Notices of any NSF items paid or returned that you may have. However, we have no obligation to notify you before we pay or return any item. The amount of any overdraft plus our standard Courtesy Pay fee(s) that you owe us shall be due and payable upon demand. If there is an item(s) paid by us on an account with more than one (1) owner on the signature card, each owner and agent, if applicable, drawing/presenting the item creating the overdraft, shall be jointly and separately liable for such overdraft plus our standard Courtesy Pay fee(s).
Community Resource Credit Union’s policy is to pay items from the smallest dollar amount to the largest dollar amount. Courtesy Pay should not be viewed as an encouragement to overdraw your account. As always, we encourage you to manage your finances responsibly. In the event you would like to have this service removed from your account, you can do so by calling 281.422.3611. You should note that your Courtesy Pay limit will not be reflected in your balance provided by a teller, at the ATM or through TouchTone Teller or Online Banking.
LIMITATION: Courtesy Pay is a non-contractual courtesy which is available to individually/jointly owned accounts in good standing for personal or household use. Community Resource Credit Union reserves the right to limit participation to one account per household and to discontinue this service without prior notice.
**Optional Courtesy Pay for Accounts in a non-contractual service which is available to individually/jointly owned accounts in good standing. We reserve the right to discontinue this service without prior notice. Optional Courtesy Pay Overdraft Service for Debit Card Transactions in a non-contractual service which is available to individually/jointly owned accounts in good standing. We reserve the right to discontinue this service without prior notice.