Overdraft Protection FAQs

With Courtesy Pay service, instead of returning a check to the merchant or other payee, the credit union may pay your check, saving you embarrassment and additional charges from a merchant or a collection company. When using the service, Interra will charge a Courtesy Pay fee for each item, and send you a notice each time an overdraft occurs.

There is no additional cost associated with this privilege unless you use it. However, you should keep in mind that you will be charged a Courtesy Pay fee of $32.00 per item, up to a maximum of five items per day, that would have created an overdraft on your account. Please note that all fees are included as part of your maximum Courtesy Pay limit. As an additional courtesy, we will only assess the Courtesy Pay fee if the paid item draws your account more than $5 negative.

You must bring your account to a positive balance at least once within every 30 days (meaning your balance must remain positive after all account activity is posted for that business day). If you are unable to do so, you will receive a letter from Interra informing you of the situation and your options. If, after 30 days, your account has not been brought to a positive balance, Interra will suspend your Courtesy Pay privilege and take other steps to receive the funds.

You may waive the service by contacting Interra. Your waiver of the Courtesy Pay service may result in returned and/or declined items if there are not sufficient funds to cover them.

If your account falls below zero Interra will first try to automatically transfer funds from your other deposit accounts. If you do not have funds in your deposit accounts to cover the expense, Interra will then access your checking line of credit, if you have one. If that doesn’t work you will then be assessed a $32 Courtesy Pay fee.

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Overdraft Protection

Overdraft Protection

Automatic transfers

If you do not have enough money in your checking account to pay a check or other transaction presented for payment, funds can automatically be transferred from most deposit accounts1 on which you are an owner/joint owner. Please contact the credit union for your options.

Checking line of credit

A checking line of credit (LOC) provides an overdraft protection option for your personal checking account and allows you to pay for emergency expenses for any other need. Visit the checking line of credit page for more information.

Courtesy Pay

Whether it's an honest mistake in balancing your checkbook, an unforeseen expense or a temporary shortfall, sometimes your balance can fall on the wrong side of zero. 

  • Courtesy Pay is added to qualified checking accounts at account opening
  • Protects against having items returned2
  • Courtesy Pay will cover check writing, automatic withdrawals (ACH), and Interra Bill Pay
  • Interra debit card transactions will be covered after you opt-in
  • Receive a notice each time items are paid using the Courtesy Pay service
  • There is no fee to have Courtesy Pay on your account
    • You are only charged a $32 overdraft free for each item paid into overdraft if you overdraw your account

For more information and related resources, please refer to:

If you would like Interra to authorize and pay overdraft for everyday debit card transactions, you must opt-in. For additional questions please contact Interra.

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1Transfers from savings accounts are subject to Regulation D limitations. Please refer to the Regulation D disclosure to learn more.

2Courtesy Pay is not a line of credit nor is it a guarantee of payment or an invitation to overdraw your account. Courtesy Pay service does not constitute either a written agreement of an obligation or a prearranged agreement for Interra Credit Union to pay overdrafts. Payment of any overdrafts is at the discretion of Interra Credit Union and payment of an overdraft does not obligate us or create an agreement or course of dealing on our part to allow overdrafts on any occasion. We do not guarantee that we will authorize and pay any type of transaction.

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Your savings insured to $250,000 per account.  By members' choice this institution is not federally insured.