An overdraft occurs when there are not enough funds in your account to cover a transaction and Polish-American Federal Credit Union still pays the transaction on your behalf. PAFCU may authorize and pay transactions that cause overdrafts including ATM and everyday debit card transactions.
Benefits of opting in to Standard Overdraft Practices.
- This may provide additional funds when an unexpected expense comes up and you may be short of funds in your account.
- This may allow you to access your funds in advance of a deposit or hold becoming available later the same business day.
- Overdraft fees only apply when the bank pays an overdraft on your behalf.