Clearview

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. When you have enough money in your account to cover a transaction is based on your available balance. See your accounts Terms and Conditions to learn how the available balance works. We can cover your overdrafts in two ways:

Overdraft Protection Plans allow automatic transfers from regular saving(s) accounts, Money Market accounts, Members Choice accounts, PowerLine and Home Equity Line of Credit accounts for a fee of $5.00 per transfer, which may be less expensive than our standard overdraft practices.

Standard Overdraft Practices

Courtesy Pay allows qualified members who are at least 18 years old to overdraw their accounts. There is a $35.00 fee each time we pay an overdraft, capped at four fees per day. You will also receive a $5.00 daily overdraft fee once your checking account has been overdrawn more than 7 days, up to $100.00 per occurrence. Courtesy Pay allows us to authorize and pay overdrafts for the following types of transactions:

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

For added protection, you can authorize Clearview to pay overdrafts on your ATM and everyday debit card transactions via:

Extended Courtesy Pay (opt in required) allows qualified members who are at least 18 years old to overdraw their accounts. There is a $35.00 fee each time we pay an overdraft, capped at four fees per day. You will also receive a $5.00 daily overdraft fee once your checking account has been overdrawn more than 7 days, up to $100.00 per occurrence. Extended Courtesy Pay allows us to authorize and pay overdrafts for the following types of transactions:

ATM withdrawals
Everyday debit card transactions (recurring payments are not included)

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.