Avoid Checking Account "Oops" Situations

Sunward can help you set up your checking account to avoid Non Sufficient Funds (NSF) fees, returned checks, and declined cards. Accidents, emergencies, and even the occasional “oops” moment can happen to all of us. Reduce your worry about your checking account by setting up overdraft protection and courtesy pay.

OVERDRAFT PROTECTION

You can designate additional Sunward accounts, such as your savings account and CreditLine, to act as overdraft protection for your checking account. This means that if a transaction would cause your checking account to go negative, Sunward will automatically transfer money from the account you specify to cover the transaction. There is no fee for these automatic overdraft transfers, and you can set up the order in which you’d like transfers to occur. For instance, you can specify your 00-01 savings account as your first overdraft protection account and use your CreditLine as additional backup, in case there’s also not enough money in your savings account.

COURTESY PAY

Courtesy pay is a courtesy service that may allow overdrafts of your checking account for certain transactions. This means even if you don’t have money available in your checking account, Sunward may still authorize and pay automatic bill payments and other transactions that result in overdrafts to your account.¹ Courtesy pay may even cover overdrafts of everyday debit card transactions (excluding ATM withdrawals) if you opt for this coverage.

When you take advantage of courtesy pay, you will be assessed an NSF fee for each overdraft. Sunward's NSF fee is $25; it is only charged if the account is negative more than $25, and we will not charge more than six NSF fees per account per day.

To learn more about overdraft protection and courtesy pay, or to review your courtesy pay coverage, call 800.947.5328 or 505.293.0500, or visit any Sunward branch.