Overdrafts and Overdraft Fees

What You Need to Know about Overdrafts and Overdraft Fees

An overdraft occurs when you do not have enough money in your account to cover a transaction, but we pay it anyway. We can cover your overdrafts in two different ways:

We have standard overdraft practices that come with your account.
We also offer overdraft protection plans, such as a link to a savings account, which may be less expensive than our standard overdraft practices. To learn more, ask us about these plans.

This notice explains our standard overdraft practices.

What are the standard overdraft practices that come with my account?

We do authorize and pay overdrafts for the following types of transactions:

Checks and other transactions made using your checking account number
Automatic bill payments

We will not authorize and pay overdrafts for the following types of transactions unless you ask us to (see below):

ATM transactions
Everyday debit card transactions

We pay overdrafts at our discretion, which means we do not guarantee that we will always authorize and pay any type of transaction.

If we do not authorize and pay an overdraft, your transaction will be declined.

What fees will I be charged if Noble Credit Union pays my overdraft?

Under our standard overdraft practices:

We will charge you a fee of $25 each time we pay an overdraft.
There is a daily limit of six fees (or $150) we can charge you for overdrawing your account.

What if I want Noble Credit Union to authorize and pay overdrafts on my ATM and everyday and recurring debit card transactions?

If you also want us to authorize and pay overdrafts on ATM and everyday debit card transactions, call (559) 252-5000 or visit www.noblecu.com, or complete the form below and bring it to a branch, fax it to (559) 437-2157 or mail it to P.O. Box 8027, Fresno, CA 93747-9881.

** By receiving the top portion of this notice, you acknowledge that you have selected to opt-in to our overdraft program. By providing you the top portion of this notice, we are confirming that you have elected the overdraft service described on this notice. You have the right to opt-out of this service at any time. To opt out, please call (559) 252-5000 or visit any of our convenient branches.

I want Noble Credit Union to authorize and pay overdrafts on my ATM and everyday debit card transactions.

Printed Name*:
Signature*:
Date*:
Member Number*:

You may revoke this consent at any time. To revoke this consent, call (559) 252-5000, or submit your request in writing and deliver it to any of our branches, fax it to us at (559) 437-2157 or mail it to us at PO Box 8027, Fresno, CA, 93747-8027.