Overdraft Protection and Overdraft Privilege
Why be just a member when you can be privileged? Overdraft Privilege is here for you!
Life happens! SeaComm understands that unexpected overdrafts occur from time to time - Overdraft Coverage can help.
Overdraft Coverage Options
The choice is yours. Consider these ways to cover overdrafts:
(Link to Another Deposit Account you have at SeaComm)1
|$10 fee per transfer|
|Overdraft Protection Line of Credit1,2||Subject to interest|
|Overdraft Privilege||$25 Overdraft Fee per item|
Overdraft Protection applies to all transactions and may help prevent overdrafts by automatically transferring funds to your share account from another account or line of credit you may have at SeaComm for a finance charge. Please note that overdraft lines of credit are subject to credit approval.
Overdraft Privilege allows you to overdraw your account up to the disclosed limit for a fee to pay a transaction. Even if you have Overdraft Protection, Overdraft Privilege is still available as secondary coverage if the other protection source is exhausted. Please review the "What Else You Should Know" section at the bottom of this page for other important information.
|Transactions Covered with Overdraft Privilege||Standard Coverage (No action required)||Extended Coverage (Your consent required on accounts)*|
|ACH - Automatic Debits||X||X|
|Recurring Debit Card Transactions||X||X|
|Online Bill Pay Items||X||X||Teller Window Transactions||X||X|
|ATM Transactions||X*||Everyday Debit Card Transactions||X*|
If you would like to select Extended Coverage for future transactions, call us at (800) 764-0566, visit any branch, complete our online consent form by clicking the link below or email us at firstname.lastname@example.org.
You can discontinue Overdraft Privilege in its entirety by contacting us at (800) 764-0566 or sending us an email at email@example.com.
WHAT ELSE YOU SHOULD KNOW...
If you have any questions about Overdraft Protection or Overdraft Privilege, please call us at (800) 764-0566 or visit a branch.
*If you choose Extended Coverage on your account, ATM transactions and everyday debit card transactions will be included with the transactions listed under Standard Coverage. If you already have Overdraft Privilege Extended Coverage, it is not necessary to request it again.
1Call us at (315) 764-0566, email us at firstname.lastname@example.org, or come by a branch to sign up or apply for these services.
2Subject to credit approval.