Overdraft Privilege Revoked...

...unless you opt-in!

What is Overdraft Privilege?

Overdraft privilege is a convenient service that provides our members with potential cost savings and peace of mind. It may save you the expense of merchant fees and the embarrassment of having items returned, in the event your checking account is short of funds.

How Does it Work?

If an item is presented and the funds are not available in your checking account or designated overdraft source, Pinellas FCU may cover the item by bringing your checking account balance negative by up to $500.  This amount will also include the standard Member Overdraft Privilege fee per returned item.*

*Please be advised that Member Overdraft Privilege does not constitute a line of credit. You must bring your account back to a positive balance within thirty (30) calendar days of the negative condition. Member Overdraft Privilege is only available 90 days after your account is opened, if your account is in good standing.  Pinellas FCU reserves the right to remove Overdraft Privilege from an account at any time it is not in good standing.

How Do I Opt-in for Member Overdraft Privilege?

You may opt in or opt out of Member Overdraft Privilege at any time.

•    Call us at (727) 586-4422 to have a Member Overdraft Privilege Opt-in/Opt-out form mailed to you.

•    Visit your nearest Pinellas FCU branch to complete a Member Overdraft Privilege Opt-in/Opt-out form.

•    Mail a Member Overdraft Privilege Opt-in/Opt-out form to P.O. Box 2300, Largo, FL 33779-2300.

•    Fax a Member Overdraft Privilege Opt-in/Opt-out form to (727) 585-2274.

Pinellas FCU must receive your opt-in consent by August 15, 2010 to continue Member Overdraft Privilege for one-time ATM and signature-based or point-of-sale debit transactions. Otherwise, we are required by regulation to remove it from your account.