We've got you covered.
Overdraft services on your Provident checking account can help you avoid insufficient checking balances and prevent your checks from being returned for non-sufficient funds (NSF).
While we don't encourage overdrafts, we want to save you from the additional merchant fees and possible damage to your credit history. Even ATM withdrawals, automatic payments, and debit card purchases are covered by our overdraft services.
Traditional Overdraft Protection
If your checking account drops below zero, your transactions will still go through without NSF fees, as long as you have another Provident account that the funds can be drawn from — a Visa credit card, another checking account, a savings account, or a money market account. Overdraft protection is not available on ATM withdrawals or automatic loan payments, regardless of your overdraft source.
For all checking accounts at Provident, there is no fee associated with this service (aside from normal finance charges if the funds come from your Visa or other Provident line of credit). See Service Charge Schedule.
Manage your Overdraft Preferences
Members can manage their overdraft sources from within online or mobile banking.
If you don't have enough available funds016 in your other Provident accounts but your accounts are in good standing, Provident Credit Union may still approve your overdrafts within your current available Courtesy Pay limit.017
The following transactions are covered automatically:
ACH (electronic) payments
Recurring debit card transactions
At your request, Courtesy Pay may also be available for:
One-time debit card transactions
Courtesy Pay costs you nothing unless you use it. We’ll charge an overdraft fee for each overdrawn item once your account reaches a negative balance in excess of $5. The maximum number of overdraft fees we assess for each account is limited to 5 per day.
Manage your Courtesy Pay Preferences
Members can manage their Courtesy Pay preference from within online or mobile banking.
Get Rewarded for Referring
Earn up to $500 per calendar year for referring friends and family to open and use a new checking account.Refer a Friend
016) Limits apply based on specific account activity. Whether your overdraft will be paid is discretionary and we reserve the right not to pay. For example, we typically do not pay overdrafts if your account is not in good standing. There is a fee associated with each item covered by Courtesy Pay.
017) Your checking account has two types of balances: the "actual" balance and the "available" balance. Your actual balance is the amount of money that is actually in your account at any given time. It reflects transactions that have "posted" to your account, but not transactions that have been authorized and are pending. Your available balance is the amount of money in your account that is available to you to use without incurring an overdraft fee. The available balance takes into account things like holds placed on deposits and pending transactions (such as pending debit card purchases) that the Credit Union has authorized but that have not yet posted to your account. Available balance is used to determine when your account is overdrawn.