Overdraft Protection

An overdraft occurs when you do not have enough money in your account to cover a transaction, but we pay it anyway. This service can protect you from additional fees at the place of purchase.

We offer overdraft protection plans, such as a link to a savings account, an overdraft line of credit and Courtesy Pay.

Overdraft Line of Credit

  • In addition to having money transferred from saving(s), you can apply to have an additional overdraft line of credit.
  • Payroll deduction and automatic share transfer repayment available
  • Optional credit life and disability insurance is available
  • Establishes credit history for new borrowers
  • No prepayment penalty

Members may be approved for an overdraft line of credit up to $1,000. The payment for using this added feature is $91/mo.

Overdraft Disclosure

Courtesy Pay

Courtesy Pay is a service that allows us to pay items presented against your checking account when your account balance is not sufficient to do so. Instead of returning the transaction for non-sufficient funds we pay it and overdraw your account.

Contact a LIAFCU representative today to learn more and to apply for our overdraft line of credit or courtesy pay.

Courtesy Pay Service Agreement

Courtesey Pay Opt-out