Overdraft Protection

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

The limit for Courtesy Pay is based on algorithms, or a set of rules, that weigh numerous factors and account holder behaviors including an account holder’s usage patterns or relationship with us to assess an account holder’s ability to repay an overdrawn balance. The maximum limit you may receive is $1,750.

No. The overdraw limit is not part of your balance. Rather, it is simply a threshold the Credit Union may extend to you beyond your available checking balance.

While Clearview will strive to pay transactions that total less than your system-generated Courtesy Pay limit, we may pay or return items at our discretion.

If the amount of an overdraft item would exceed your Courtesy Pay limit, we may not cover that item.

You can opt out of the service at any time by contacting our Care Center at 1-800-926-0003 or visiting a financial center. Please note this request could take up to 24 hours. Without Courtesy Pay, overdrawn items will be returned unpaid and a $35.00 NSF fee will be assessed after funds for overdraft protection (if applicable) have been depleted. You may also be charged additional fees by the merchant/payee.

You may opt in online or by visiting your local Clearview financial center.

Extended Courtesy Pay allows qualified opted in 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)

Yes. If you have more than one checking account, you must choose to opt in to Extended Courtesy Pay separately for each checking account. Covering one account with Extended Courtesy Pay will not cover all of your Clearview checking accounts from overdrafts at ATMs and from everyday debit card transactions. However, each eligible checking account in good standing will be automatically opted in to Courtesy Pay.

We value your relationship with us and in an effort to provide excellent customer service, we strive to pay items presented on your account against insufficient funds. Courtesy Pay and Extended Courtesy Pay, our discretionary overdraft services, are offered in anticipation that you will be making an immediate deposit.

You may opt out of Extended Courtesy Pay at any time. Please call Clearview at 1-800-926-0003, visit a financial center, or email us at [email protected]. If you choose to email us, please remember not to include any confidential information.

Yes. Clearview maintains the right to remove Courtesy Pay privileges from your account at its sole discretion. We are not obligated to honor any item presented for payment if the account does not contain sufficient available funds.