Overdraft Liability for Members. If on any day, the available funds in a member’s checking account are not sufficient to cover checks and other items posted to the account, those checks and items will be handled in accordance with ECU’s overdraft procedures or an overdraft protection plan that member has with ECU. Available balance is the current balance, minus any check holds, pending ATM/Debit transactions, pending ACH debits or other transactions which might create a hold on the funds in the account. The Credit Union’s determination of an insufficient account balance may be made at any time between the presentation and the Credit Union’s midnight deadline with only one review of the account required. The Credit Union has no duty to notify the member of an insufficient funds item. The Credit Union will charge a fee for an insufficient funds item whether paid or returned as set forth in the “Rate Addendum and Schedule of Fees and Charges.” We may charge you an NSF fee each time an item is submitted to us for payment from your account when at the time of presentment your account does not have sufficient available funds or when we return, reverse, or decline to pay an item for any other reason authorized by the terms and conditions governing your account. Except as otherwise agreed to in writing, the Credit Union, by covering one or any overdraft, does not agree to cover overdrafts in the future and may discontinue covering overdrafts at any time. If the Credit Union pays an item that would otherwise overdraw the member’s account, the member agrees to pay the overdraft amount immediately. ECU reserve the right to pursue collection of previously dishonored items at any time, including giving a payor bank extra time beyond any midnight deadline limits.

Courtesy Pay. Courtesy Pay is a form of overdraft protection that is available to
all members in good standing holding a share draft account. Only one (1) share
draft account per member will carry courtesy pay.
After an initial 60 day probationary period, ECU may, within policy, pay drafts,
ACH payments, EFTs, or online bill payment overdrafts up to $1000. The sum
of the presented overdrawing items includes all fees assessed for using the
Courtesy Pay Program. The Credit Union will not cover an overdraft if doing so
would cause the total outstanding amount of courtesy pay transactions plus
related fees to exceed the cumulative negative balance limitation.
The member’s account will be assessed a Courtesy Pay Fee for each check,
ACH payment, EFT, or online bill payment honored. The Enbright Credit Union
Fee Schedule sets forth current Courtesy Pay/NSF items fees.
Courtesy Pay requires the member’s affirmative consent. The following
transactions REQUIRE THE MEMBER’S CONSENT before the credit union can
include them in the Courtesy Pay program. Choosing not to “Opt In” may result
in these items being declined:
ATM withdrawals
Debit/Check card purchases made at a merchant, online, or by
telephone. must call 615-687-4801 to open in or out, visit VNJW.enbrightcu.com
to obtain a Courtesy Pay Opt in form.
Member must deposit or obtain an approved loan from the Credit Union to cover
each overdraft within 45 days.