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Overdraft Courtesy Pay — OPT-IN CHOICE

Consistent with new federal legislation designed to protect consumers, The Partnership FCU is offering our members the choice to opt-in to receive overdraft coverage on ATM and every day (non-recurring) Debit Card transactions. This coverage allows The Partnership FCU to approve an ATM point of sale and/or everyday Debit Card transaction if you do not have funds available in your account to cover the transaction and to charge a fee (see our CURRENT FEES) for this service.

Rest assured that the choice is yours. To avoid the embarrassment of having your Debit Card transactions declined you may opt-in to the Overdraft Courtesy Pay program for your ATM and every day Debit Card transactions by completing the Opt-in form and returning it to The Partnership FCU.

We at The Partnership FCU want to make sure that our members understand that overdrafts resulting from an ATM and/or a Debit Card transaction that occurs online or at a retail location will only be approved if you have chosen to opt-in.

This will NOT affect any current overdraft coverage related to paper checks and/or ACH/electronic transactions. Please read the below for complete information or visit for more information on this service or for an online form.

The Partnership FCU is always available to assist you in choosing the smartest financial option for your individual situation. We know that Overdraft Courtesy Pay is not a “one size fits all” service. If you have questions, please stop by a branch, give us a call at 800-285-3286, or send an email to

What You Need to Know to Choose to Opt-In

An overdraft occurs when you do not have enough money in your account to cover a transaction, but The Partnership FCU pays for it anyway. We can cover your overdrafts in two different ways:

  1. Overdraft Protection Sources, such as an eligible savings account or an approved line of credit loan (not Visa or HELOC), which may be less expensive than our Overdraft Courtesy Pay. To learn more, ask us about these plans and ensure that they are utilized first, prior to Overdraft Courtesy Pay.

  2. Overdraft Courtesy Pay comes with your checking account in good standing and is explained in this notice. Currently it covers up to $300 for checks and ACH only, but now protection for ATM and every day (non-recurring) Debit Card transactions is available should one of the above sources be unavailable. The standard overdraft fee of $30 is charged each time you use this service and is included in the maximum $300 allowed (see disclosures for full policy and restrictions).


WHAT is Overdraft Courtesy Pay that comes with my checking account?

We MAY authorize and PAY overdrafts for the following types of transactions (no opt-in necessary):

  • Checks drawn on your account
  • ACH/electronic transactions made using your checking account number

WE DO NOT authorize and PAY overdrafts for the following types of transactions unless you ask us to.

  • ATM Transactions
  • Every Day (non-recurring) Debit Card Transactions

We pay overdrafts at our discretion, which means we do not guarantee that we will always authorize and pay any type of transaction. If we do not authorize and pay an overdraft, your transaction will be declined.


WHAT fees will I be charged if The Partnership FCU pays my overdraft?

Under our Overdraft Courtesy Pay program:

  • We will charge you a fee of $30 each time we pay an overdraft.
  • There is no limit on the total fees we can charge you for overdrawing your account.


WHAT if I want The Partnership FCU to authorize and pay overdrafts on my ATM and every day debit card transactions?

If you also want us to authorize and pay overdrafts on ATM and Every Day Debit Card transactions, COMPLETE THE OPT-IN FORM and bring to a branch, fax to 202-393-0930 or mail to The Partnership FCU, PO Box 18539, Washington, DC 20036-8539.