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 NameLast Name

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

YesNo

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 checking account up to $500 and pay items by bringing the account negative. If approved, we no longer charge an overdraft fee until your account is more than $25 overdrawn. Each transaction that brings the account negative starting at $25.01 will include a $25 fee.

*After a 30 day negative account status, Illinois State CU is authorized to remove this service. In order to have this reinstated, you will need to contact the credit union to re-apply.

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 for all transactions bringing my account negative starting at $25.01.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 may be charged a $25 fee for insufficient funds regardless of my account balance.

Signature*

Today's Date

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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