{"id":6115,"date":"2020-03-13T09:14:40","date_gmt":"2020-03-13T14:14:40","guid":{"rendered":"https:\/\/staging-1.zealcu.org\/?page_id=6115"},"modified":"2022-07-07T13:51:09","modified_gmt":"2022-07-07T17:51:09","slug":"overdraft","status":"publish","type":"page","link":"https:\/\/www.zealcu.org\/overdraft\/","title":{"rendered":"Overdraft Coverage"},"content":{"rendered":"\n

Relax and enjoy peace of mind. Overdraft coverage can help you avoid the inconvenience of returned checks and overdrafts.<\/span><\/p>\n\n\n\n

For information regarding transfer fees, click here.<\/span><\/a><\/em><\/span><\/p>\n\n\n\n

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OVERDRAFT LINE OF CREDIT<\/h3>\n
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Protect your account from bounced checks and the fees associated with them. With our overdraft line of credit, your funds are covered up to your approved limit until you can bring the account positive again. An 18% interest rate is charged on overdraft line of credit balances.<\/em><\/span><\/p>\n

Stop by one of our branches or contact a Member Service Representative at 800-321-8570, ext. 7400<\/span><\/a>.\u00a0<\/span><\/p>\n\n <\/div>\n <\/div>\n <\/div>\n <\/div>\n<\/section>\n\n\n

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OVERDRAFT PROTECTION PLAN<\/h3>\n
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Link your membership savings accounts to your checking account to cover overdraft transactions. In the event of an overdraft, funds will transfer automatically, if there are available funds in the transfer account(s). Just enroll in our Overdraft Protection Plan to become eligible for the service. Enrollment is easy — stop by one of our branch locations<\/a> or contact a Member Service Representative at 800-321-8570, ext. 7400<\/span><\/a>.<\/span><\/p>\n\n <\/div>\n <\/div>\n <\/div>\n <\/div>\n<\/section>\n\n\n

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OVERDRAFT PRIVILEGE<\/h3>\n
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Now you can pay for items that wouldn’t normally clear your checking account because of insufficient funds. When a check or debit transaction exceeds the balance in your account, we’ll honor the transaction and the merchant will be paid. This saves you the additional merchant fees charged for unpaid transactions.
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REGULATION E STATES YOU MUST OPT IN<\/h3>\n\n\n\n

Overdraft Privilege is added to your account but you must give us permission to pay overdrafts. Opt into the Federal Government’s Regulation E to allow Zeal Credit Union to pay overdrafts on debit card transactions when funds are not available in your accounts. In order to choose to \u201copt-in\u201d, we need to hear from you one time only. Stop by one of our branch locations<\/a> or contact a Member Service Representative at 800-321-8570, ext. 7400. <\/span><\/p>\n\n\n\n

OVERDRAFT PRIVILEGE RULES & REGULATIONS<\/h3>\n\n\n\n