Privilege Pay is our overdraft protection service that allows member checking accounts to go into the negative, up to $1,000 for those “oops” moments. We do require that the amount be paid back within 45 days.
What does it mean to Opt-IN?
Members with checking accounts that want Privilege Pay benefits, are required to opt in for the service. If a member chooses not to Opt-IN, they may experience a declined transaction when funds are not available to cover it.
How to Opt-IN
Opting in, is easy! Just tell us you want to Opt-IN to have Privilege Pay coverage.
To submit your request:
What you need to know:
- If you have more than one checking account with us, you’ll need to Opt IN for each account
- You will receive a confirmation letter after opting in.
- You can Opt IN and never use it, but it’s there just in case.