Overdraft Protection Options


What is Overdraft Protection?

With our busy lives, it is easy to make mistakes such as forgetting to deposit a check, make a transfer or deduct debit transactions from your account balance. A simple error or balance miscalculation can lead to an unexpected shortage of funds.


Have peace of mind knowing your checking account is covered when the unexpected happens. Your choices for Overdraft Protection include: Overdraft Transfer from one or more savings accounts with Pinellas Federal Credit Union or Overdraft Privilege. You choose which works best for you.*


Overdraft Transfer

Set up Overdraft Transfer from one or more deposit account(s) you have at Pinellas Federal Credit Union. In the event of an overdraft, available funds will be automatically transferred to your checking account. A transfer fee applies. Please see our current Fee Schedule.


Overdraft Privilege

Pinellas Federal Credit Union's Overdraft Privilege program allows you to overdraw your account up to the disclosed limit for a fee in order to pay a transaction.  Please see our current Fee Schedule.


Even if you have Overdraft Protection, Overdraft Privilege is still available as additional coverage if your other Overdraft Protection source(s) are exhausted. We can only pay overdrafts for ATM or everyday debit card transactions if you give us consent to extend Overdraft Privilege to pay these overdrafts.


To choose Extended Overdraft Privilege to cover ATM and everyday debit card transactions:

  • Call Member Services at 727.586.4422
  • Complete this online Consent Form and present it at any branch
  • Email membersrv@pinellasfcu.org
  • Complete this online Consent Form and mail it to:

    Pinellas Federal Credit Union
    Attention: Member Services
    P.O. Box 2300
    Largo, FL 33779

Overdraft Privilege is not a line of credit. However, if you inadvertently overdraw your account, we have the discretion to pay the overdraft, subject to your Overdraft Privilege selection.


You can discontinue Overdraft Privilege in its entirety at any time by calling Member Services at 727.586.4422, emailing membersrv@pinellasfcu.org or visiting any branch.



 *Overdraft Privilege is not a line of credit. Only accounts that are in good standing and have been open for at least 60 days are eligible. Accounts will be charged the standard Overdraft fee of $32.00 for handling each overdraft created by check, ACH, Point-of-Sale, ATM withdrawal, in-person withdrawal or other electronic item that is paid and $32.00 for items returned. An overdrawn balance must be repaid within 32 days. We may not pay items under your Overdraft Privilege if you do not maintain your account in good standing by bringing your account to a positive balance within thirty-two (32) days for a minimum of 24 hours, if you default on any loan or other obligation to Pinellas Federal Credit Union, or if your account is subject to any legal or administrative order or levy.Pinellas FCU reserves the right to revoke Overdraft Privilege at any time. There is a fee for this service. Please see our current Fee Schedule.