Overdraft Services

A detailed explanation of your options was provided in the Disclosures section of your online Membership application. If you have any question regarding Illinois State Credit Union’s Overdraft Services or your options please call 309-451-8400 or email memberservices@itsmycreditunion.org.

Full Name *

First Name Last Name

Is this for an existing account at Illinois State CU? *

Yes No

Account number(s) you wish to make the change for: *

(You can enter more than one if you have multiple checking accounts)

Best Contact Number *

Overdraft protection is an automated service that will transfer money from your savings to your checking if there is not enough money in the checking account to cover the transaction.

These automated transfers also count towards Regulation D which only allows 6 electronic transfers each month. If more than 6 transfers occur, there will be a $25 fee assessed at the end of that month.

There is also a $3 fee each time this service is used.

Do you wish to set up overdraft protection? *

Yes, I want ISCU to transfer money from savings to checking with a $3 fee. For this to be applicable for debit card transactions, you must be opted in. (see below). No, I do not want ISCU to transfer money on my behalf. I understand that if there is not enough money in my account to cover a transaction, the item may be returned as unpaid and other fees will apply.

This is an additional service that can be added to your account. Overdraft Courtesy Pay (OCP) would allow you to overdraft your Share Draft account up to $500 and pay items by bringing the account negative. Each transaction that brings the account negative will include a $25 fee.

Do you wish to set up Overdraft Courtesy Pay? *

Yes, I authorize ISCU to pay my overdrafts. I understand this will bring my account negative and I will be charged a $25 fee every time this happens. No, I do not want ISCU to pay overdrafts and bring my account negative. I understand that any item I do not have enough money for will be returned as unpaid and I will be charged a $25 fee for insufficient funds regardless of my account balance.

This service is specific to debit card transactions. If you wish to OPT IN, your debit card purchases will bring your account negative with the standard $25 fee per transaction. In order to choose this option, you must be approved for Overdraft Courtesy Pay and have an available limit to overdraw your account. If you have chosen to set up overdraft protection, those transfers will take affect before bringing the account negative.

To avoid going negative with your debit card transactions, you can choose to OPT OUT which will deny your debit card purchases if there is not enough money in your checking account to cover the charge.

Do you wish to Opt In or Opt Out? *

Opt In: YES, I WOULD LIKE to request an Overdraft Courtesy Pay limit and OPT IN so my debit card purchases will be go through. I understand these may bring my account negative and a standard $25 insufficient fund fee will apply per transaction. Opt Out: NO, I DO NOT WANT my debit card transactions to bring my account negative. I understand that if there is not enough money in my account, my debit card will be declined.

Signature *

Today's Date

Month Day Year

By clicking "Submit", you authorize Illinois State Credit Union to perform the actions you are requesting and to pay the fees associated with our overdraft services. *

I agree

Overdraft Services Form

Overdraft Protection

Overdraft Courtesy Pay

Opt In/Out