In observance of Veterans Day, Altura’s branches and offices will be closed on Tuesday, November 11th. Online Banking, the mobile app, and our ATMs will be available for your convenience. Thank you.
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Our Overdraft Protection Services offer a customizable, layered approach to help prevent overdrafts and keep your account in good standing. By combining multiple solutions, you can choose the level of protection that best fits your financial needs. Plus, we’ve reduced our Courtesy Pay fee from $29 to $25, making it more affordable when you need extra support.
Stay Positive with Overdraft Protection Services within Online Banking
At Altura Credit Union, we want to give you the tools to layer your overdraft protection your way. With Overdraft Protection Services in Online and Mobile Banking, you can decide how you want to protect your account from going negative by selecting and prioritizing the options that fit your needs. Link your Savings, Credit Card, or Overdraft Line of Credit to keep your account positive, before relying on emergency Courtesy Pay services.
How to Get Started
Access Overdraft Protection Services through Online and Mobile Banking. There you can manage your backup accounts, overdraft protection, overdraft line of credit, and courtesy pay. This feature is available at https://my.alturacu.com/AlturaOverdraftCourtesyPay or by logging into Online Banking, navigating to the menu, selecting Account Services & Settings > Overdraft Protection Services.
Choosing Overdraft Transfers
Make Sure Every Transaction Completes
Sometimes your checking account is a little lower than expected. Maybe you had an unexpected expense come up or it’s been a slow month at work. But, even during these tough situations, you still have expenses.
That’s why Altura Credit Union offers overdraft transfer to all our members. With this service, you have a safety cushion even if your account balance is a little lower than normal.
The features of this service include:
Link to Savings: The ability to link your savings account to your checking account. This way, your savings balance can be your backup in case you need to make a big purchase and want to avoid an overdraft.
Link to Altura Credit Card: The option to link your Altura Credit Card to your checking account. You can use your credit line as a backup to avoid an overdraft.
Link to an Altura Overdraft Line of Credit: When you open an overdraft line of credit, we will automatically link this account as a form of overdraft protection.
Link to a Savings, Credit Card, and Altura Overdraft Line of Credit: You can link your savings, credit card, and overdraft line of credit as multiple layers of defense against overdraft fees. You choose the order you would like overdraft to pull from first within online banking, so you never have to deal with an overdraft.
No Payment Denials: Stop worrying that your ATM or point-of-sale transactions won’t be approved. With overdraft protection from Altura, you can swipe your card with confidence!
No NSF Fees: Overdraft protection lets you avoid non-sufficient funds or courtesy pay fees.
E-Alerts: When you enroll in online banking, your account goes on autopilot. E-Alerts will send you text messages and emails when an overdraft transfer is made to your account. You can also set low balance alerts to help you avoid overdrafts.
How to Get Started
When you use overdraft transfer, you can feel confident in all your transactions. To sign up visit https://my.alturacu.com/AlturaOverdraftCourtesyPay or by logging into Online Banking, navigating to the menu, selecting Account Services & Settings > Overdraft Protection Services. Alternatively, you can contact our Member Services department at 888-883-7228 or visit an Altura branch location to request this service for your account.
Overdraft Line of Credit – Get Extra Coverage When You Need It
As an added layer of protection, Altura Credit Union offers a $250 Overdraft Line of Credit linked directly to your checking account. It’s a simple way to avoid overdraft fees and keep your finances on track. The key features of this product include:
$250 Line of Credit: Automatically links to your checking account to help cover shortfalls.
Checking Account Required: Must be linked to an active checking account with us. Click here for more information on our Checking Accounts.
$100 Monthly Deposit Requirement: Just deposit $100+ each month to maintain eligibility.
No Credit Check: Easy approval process without impacting your credit score.
Credit Reporting: Loan activity is reported to credit bureaus to help build your credit
history.
Interest & Monthly Payments Apply: Standard loan terms apply to balances used.
Easy to Apply: Sign up through Online Banking, Call Center, or at any Altura Branch.
Fast & Simple Process: Get started in just minutes.
How to Get Started
To sign-up, visit https://my.alturacu.com/AlturaOverdraftCourtesyPay or by logging into Online Banking, navigating to the menu, selecting Account Services & Settings > Overdraft Protection Services. Alternatively, you can contact our Member Services department at 888-883-7228 or visit an Altura branch location to request this service for your account.
Standard Overdraft & Courtesy Pay
With Standard Overdraft and Courtesy Pay from Altura Credit Union, you can have confidence that your transactions will always be accepted and your checks will never bounce.
Payment Options with Altura Credit Union Protecting You from Overdrafts
If you have payroll direct deposit (PDD) in your Altura checking account, you qualify for our Standard Overdraft and Courtesy Pay services. With these services, you have extra protection against insufficient funds. If you don’t have enough money in your account to cover a transaction, Standard Overdraft or Courtesy Pay will kick in. Altura Credit Union will cover the difference up to a certain amount. You don’t have to worry about transactions being declined.
To use these options, you will have to pay a fee. This fee is only applied when Altura needs to help you cover a transaction associated with your account. The transaction is paid for, the fee is assessed, and the account is taken negative. Altura does this if you have payroll direct deposit because we know you will have a deposit soon to cover the overdraft.
These services definitely make your life a little easier! Keep in mind, however, that Altura pays overdrafts at its discretion. That means we do not guarantee that we will always authorize and pay any type of transaction.
How It Works
Standard Overdraft will cover electronic transactions, transactions initiated using your routing and account number, written checks, or recurring transactions. This is a service provided with your checking account unless you’ve opt-out.
Courtesy Pay will cover everyday transactions made with your debit card, including ATM transactions. This service is not automatically included with your checking account so you must opt-in to utilize this feature. If you do not opt-in, or opt-out, the service will be discontinued on your account. Your debit and ATM transactions will also be denied if you have insufficient funds in your account. You can opt-into or out of this service at any time.
How to Get Started
To manage your opt-in status to Standard Overdraft or Courtesy Pay and assure that your account continues to receive this overdraft protection service, visit https://my.alturacu.com/AlturaOverdraftCourtesyPay or login into Online Banking, navigate to the menu, select Account Services & Settings > Overdraft Protection Services. Alternatively, you can contact our Member Services department at 888-883-7228 or visit an Altura branch location to request this service for your account.
Stay Positive with Overdraft Protection Services within Online Banking
At Altura Credit Union, we want to give you the tools to layer your overdraft protection your way. With Overdraft Protection Services in Online and Mobile Banking, you can decide how you want to protect your account from going negative by selecting and prioritizing the options that fit your needs. Link your Savings, Credit Card, or Overdraft Line of Credit to keep your account positive, before relying on emergency Courtesy Pay services.
How to Get Started
Access Overdraft Protection Services through Online and Mobile Banking. There you can manage your backup accounts, overdraft protection, overdraft line of credit, and courtesy pay. This feature is available at https://my.alturacu.com/AlturaOverdraftCourtesyPay or by logging into Online Banking, navigating to the menu, selecting Account Services & Settings > Overdraft Protection Services.
Choosing Overdraft Transfers
Make Sure Every Transaction Completes
Sometimes your checking account is a little lower than expected. Maybe you had an unexpected expense come up or it’s been a slow month at work. But, even during these tough situations, you still have expenses.
That’s why Altura Credit Union offers overdraft transfer to all our members. With this service, you have a safety cushion even if your account balance is a little lower than normal.
The features of this service include:
Link to Savings: The ability to link your savings account to your checking account. This way, your savings balance can be your backup in case you need to make a big purchase and want to avoid an overdraft.
Link to Altura Credit Card: The option to link your Altura Credit Card to your checking account. You can use your credit line as a backup to avoid an overdraft.
Link to an Altura Overdraft Line of Credit: When you open an overdraft line of credit, we will automatically link this account as a form of overdraft protection.
Link to a Savings, Credit Card, and Altura Overdraft Line of Credit: You can link your savings, credit card, and overdraft line of credit as multiple layers of defense against overdraft fees. You choose the order you would like overdraft to pull from first within online banking, so you never have to deal with an overdraft.
No Payment Denials: Stop worrying that your ATM or point-of-sale transactions won’t be approved. With overdraft protection from Altura, you can swipe your card with confidence!
No NSF Fees: Overdraft protection lets you avoid non-sufficient funds or courtesy pay fees.
E-Alerts: When you enroll in online banking, your account goes on autopilot. E-Alerts will send you text messages and emails when an overdraft transfer is made to your account. You can also set low balance alerts to help you avoid overdrafts.
How to Get Started
When you use overdraft transfer, you can feel confident in all your transactions. To sign up visit https://my.alturacu.com/AlturaOverdraftCourtesyPay or by logging into Online Banking, navigating to the menu, selecting Account Services & Settings > Overdraft Protection Services. Alternatively, you can contact our Member Services department at 888-883-7228 or visit an Altura branch location to request this service for your account.
Overdraft Line of Credit – Get Extra Coverage When You Need It
As an added layer of protection, Altura Credit Union offers a $250 Overdraft Line of Credit linked directly to your checking account. It’s a simple way to avoid overdraft fees and keep your finances on track. The key features of this product include:
$250 Line of Credit: Automatically links to your checking account to help cover shortfalls.
Checking Account Required: Must be linked to an active checking account with us. Click here for more information on our Checking Accounts.
$100 Monthly Deposit Requirement: Just deposit $100+ each month to maintain eligibility.
No Credit Check: Easy approval process without impacting your credit score.
Credit Reporting: Loan activity is reported to credit bureaus to help build your credit
history.
Interest & Monthly Payments Apply: Standard loan terms apply to balances used.
Easy to Apply: Sign up through Online Banking, Call Center, or at any Altura Branch.
Fast & Simple Process: Get started in just minutes.
How to Get Started
To sign-up, visit https://my.alturacu.com/AlturaOverdraftCourtesyPay or by logging into Online Banking, navigating to the menu, selecting Account Services & Settings > Overdraft Protection Services. Alternatively, you can contact our Member Services department at 888-883-7228 or visit an Altura branch location to request this service for your account.
Standard Overdraft & Courtesy Pay
With Standard Overdraft and Courtesy Pay from Altura Credit Union, you can have confidence that your transactions will always be accepted and your checks will never bounce.
Payment Options with Altura Credit Union Protecting You from Overdrafts
If you have payroll direct deposit (PDD) in your Altura checking account, you qualify for our Standard Overdraft and Courtesy Pay services. With these services, you have extra protection against insufficient funds. If you don’t have enough money in your account to cover a transaction, Standard Overdraft or Courtesy Pay will kick in. Altura Credit Union will cover the difference up to a certain amount. You don’t have to worry about transactions being declined.
To use these options, you will have to pay a fee. This fee is only applied when Altura needs to help you cover a transaction associated with your account. The transaction is paid for, the fee is assessed, and the account is taken negative. Altura does this if you have payroll direct deposit because we know you will have a deposit soon to cover the overdraft.
These services definitely make your life a little easier! Keep in mind, however, that Altura pays overdrafts at its discretion. That means we do not guarantee that we will always authorize and pay any type of transaction.
How It Works
Standard Overdraft will cover electronic transactions, transactions initiated using your routing and account number, written checks, or recurring transactions. This is a service provided with your checking account unless you’ve opt-out.
Courtesy Pay will cover everyday transactions made with your debit card, including ATM transactions. This service is not automatically included with your checking account so you must opt-in to utilize this feature. If you do not opt-in, or opt-out, the service will be discontinued on your account. Your debit and ATM transactions will also be denied if you have insufficient funds in your account. You can opt-into or out of this service at any time.
How to Get Started
To manage your opt-in status to Standard Overdraft or Courtesy Pay and assure that your account continues to receive this overdraft protection service, visit https://my.alturacu.com/AlturaOverdraftCourtesyPay or login into Online Banking, navigate to the menu, select Account Services & Settings > Overdraft Protection Services. Alternatively, you can contact our Member Services department at 888-883-7228 or visit an Altura branch location to request this service for your account.
FAQs
How Do I Avoid Overdraft Fees?
The easiest and most effective way to avoid overdraft fees is to monitor your account. Keep track of your balance and sign up for e-alerts. Budgeting your money will also help you avoid making purchases you can’t afford. By using overdraft protection, you will always have a backup if there isn’t enough in your account to cover a transaction.
Will an Overdraft Hurt My Credit?
Simply overdrawing your checking account does not impact your credit score, however, failing to bring your checking account to a positive balance could result in your account being closed and reported to ChexSystems and the credit bureaus. This would impact your ability to open accounts at other financial institutions as well as negatively impact your credit score. If you are having trouble keeping your account balance positive, it’s always best to proactively reach out to Altura to discuss options. Financial Counseling services are also available for FREE through Altura’s partnership with Balance.
What is the difference between Standard Overdraft and Courtesy Pay?
Standard Overdraft will cover electronic payments (when your account and routing number are provided) or written checks. You Courtesy will cover everyday transactions, such as debit card and ATM withdrawals.
What if I setup Overdraft Transfers and Standard Overdraft or Courtesy Pay?
Altura will first utilize overdraft protection before using Standard Overdraft or Courtesy Pay. This way your transactions are still covered and you do not have to worry about the overdraft fee.
What happens if I no longer want my Overdraft Line of Credit?
So long as your balance due is paid in full, you can easily opt out of the line of credit and close the account through online banking or by contacting a member service representative. If you still have a balance owed, the loan will stay open until it is paid in full. Once there is a $0 balance, the loan will close and it will report to the credit bureaus as a closed loan.
I applied for the overdraft line of credit, but it is not available to link to my checking account
To maintain access to the Overdraft Line of Credit, you must have consistent deposit activity of at least $100 over any 45 day period. If you do not maintain the minimum deposit requirement, your loan will not close, however, it will not be accessible to cover any overdrafts until you re-establish the required minimum deposit activity.
Disclaimer Information
Additional charges may apply for overdraft transfers. When linked to a credit card or overdraft line of credit, interest on your balance will accrue at your standard interest rate. If a balance is not available in either your savings account or yo...
Additional charges may apply for overdraft transfers. When linked to a credit card or overdraft line of credit, interest on your balance will accrue at your standard interest rate. If a balance is not available in either your savings account or your credit line, the overdraft protection will not occur and your purchase may be denied. Additionally, Courtesy pay may not be available for certain account types at this time. See the Schedule of Fees for Courtesy Pay Fees. Altura reserves the right to discontinue Courtesy Pay on a member account at any time.
