We’ve got you covered.
At Centris Federal Credit Union, we’re here to assist you at every step of your financial journey.
That’s why we provide overdraft protection to give you options when it comes to protecting your checking account.
While we don’t encourage our members to have overdrafts, we do understand that life happens, which may result in insufficient funds in your checking account. Our objective is to support you along your financial path and prevent the inconvenience of declined or unpaid transactions so you can get back to moving forward to financial success.
Talk to one of our financial experts to help you find the right option for your financial journey.
When do you need to worry about overdraft coverage?
We encourage our members to establish their account with the right overdraft coverage that fits their lifestyle. Below is information on the options we provide. This will help you determine what will best fit your financial needs. We also offer great financial counseling resources when you need additional assistance and education.
To assist you in preventing overdrafts and fees caused by spending more than your available balance, below is a list of tips and tools designed to support your financial well-being:
- Review your statements on a regular basis.
- Register your Centris account for online banking and download our mobile app to monitor transactions.
- Set up alerts through online and mobile banking to receive text messages or an email when your account balance is low.
- Create a budget using our budgeting worksheet to help gauge how much money you have leftover to spend after monthly expenses are deducted from your income.
- Access our Financial Wellness Center for free courses that cover a wide range of important financial topics.
With our Overdraft Protection, we can set up account transfers from a savings, money market or separate checking account, and funds may be transferred to cover the transaction that would overdraw your checking account.
One way Centris makes it easier for you to help grow your savings, so you have overdraft protection available, is with Centris Round-Up*. Click here to learn more and enroll today.
Courtesy Pay is a service where Centris will strive to pay eligible items** and transactions. The standard service that comes with your checking account will strive to pay checks, ACH and recurring debit card transactions. You may also extend the service to your debit card for ATM and one-time debit card transactions. With Courtesy Pay, an overdraft fee*** may apply but also may potentially avoid fees from the merchant for a returned item.
With Courtesy Pay, Centris will
automatically strive to pay:
Extend Courtesy Pay to
your debit card:
Checks
ACH transactions
Recurring debit card transactions
ATM transactions
One-time debit card transactions
To inquire about any of our overdraft coverage options, please call a Centris representative at (402) 334-7000 or toll-free at (800) 334-2328, or visit any of our convenient locations.
Overdraft Protection and Courtesy Pay FAQs
How does Centris determine the available balance of my account?
Your available balance is the amount of money in your account that is available for you to use. Your available balance is your actual balance less: (1) holds placed on deposits; (2) holds on debit card or other transactions that have been authorized but are not yet posted; and (3) any other holds, such as holds related to pledges of account funds and minimum balance requirements or to comply with court orders.
We use your available balance to determine whether there are sufficient funds in your account to pay items, including checks, as well as ACH, debit card and other electronic transactions (if opted into that service). We also use the available balance to determine whether to charge an overdraft fee if we decide to pay an item.
How do I enroll in Overdraft Protection?
If you would like to enroll in Overdraft Protection, you will need to contact us via phone (402) 334-7000 or toll free at (800) 334-2328, via online banking or in person at any of our convenient locations.
What is included in the standard Courtesy Pay that comes with my account?
We may authorize and pay overdrafts for the following types of transactions:
- Checks and other transactions made using your checking account number
- Automatic bill payments or automated clearing house (ACH) transactions
- Recurring debit card transactions.
With the standard Courtesy Pay, we do not authorize and pay overdrafts for the following types of transactions, unless you sign up or opt in for this service:
-
- ATM transactions
- One-time (everyday) debit card transactions
How do I opt-in to have Centris authorize and pay ATM and one-time debit card transactions?
If you would like to opt in to the extended service of Centris Courtesy Pay, you will need to contact us via phone (402) 334-7000 or toll free at (800) 334-2328, via online banking or in person at any of our convenient locations.
Can I opt out of the extended services of Courtesy Pay to no longer have Centris authorize and pay ATM and one-time debit card overdraft transactions?
You can opt out of the extended Courtesy Pay ATM and one-time debit card transaction services at any time by contacting us. At that time, you can also decline the standard Courtesy Pay service that comes with your account.
To opt out of either service, you will need to contact us by phone (402) 334-7000 or toll free at (800) 334-2328, via online banking or by visiting any of our convenient locations to meet with one of our experts.
*Centris Round-Up is governed by the terms and conditions stated in the Membership Agreement and Disclosures, the Truth-in-Savings Rate Schedule and the Fee Schedule. Centris reserves the right to cancel or modify Centris Round-Up at any time. Centris will give advance notice of changes if required under applicable law. Centris Round-Up does not apply to business accounts.
**“Items” include checks, preauthorized debits, automated teller machine (ATM) withdrawals and transfers, one-time (everyday) debit card transactions, automated clearing house (ACH) and other electronic withdrawals and transfers, telephone transfers, online bill payments, internet banking transactions, and in-person (in-branch) withdrawals. 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. Centris reserves the right to suspend your ability to use Courtesy Pay at any time at Centris’ sole discretion. Courtesy Pay is not a loan nor a line of credit. You are responsible for immediately repaying the amount of any overdraft balance and applicable fees. This means you must bring your account to a positive balance immediately after an overdraft, without notice or demand from us. Subsequent deposits will be applied to clear the overdrawn balance.
***If Courtesy Pay is used, an overdraft fee of $35 will be charged for each paid overdraft, up to the daily overdraft fee limit.