OVERDRAFT PROTECTION
"PROTECT YOURSELF FROM NSF CHECKS!"
OPEN AN OVERDRAFT PROTECTION LOAN TODAY*
HOW IT WORKS: When a check comes through your checking account and you do not have enough money your OVERDRAFT PROTECTION LOAN will automatically deposit money into your checking account so that your checks can be cashed. A notice will be mailed to you for each of the loan advances.
If you have borrowed money on your OVERDRAFT PROTECTION LOAN the payment will be deducted from your checking account on the 10th of each month.
The payment must be on deposit in your checking account on the 10th. If it is not, your loan will be delinquent and your account will be charged a $20 late fee. A loan payment will always be taken if there is any balance due.
How will your loans be paid if you are unexpectedly disabled or die? PEOPLES Community Credit Union offers low cost Credit Life and Credit Disability Insurance on your loan. In the event of death this valuable coverage pays off the balance of your loan for you or for your joint applicant. Find out today how you can sign up for this peace of mind!
*Some restrictions do apply. Your individual credit worthiness will determine your rate.