Alabama Credit Union provides protection for those occasions when your check, ATM/Debit transaction, ACH or electronic debit, or online transfer (“item”) needs to be paid but your checking account has insufficient funds available. We offer many ways to manage your account funds, including ACU Oops! PaySM Complete or ACU Oops! PaySM Limited protection.

Banking

Choosing Your Alabama Credit Union Overdraft Protection Plan

Opt-In: ACU Oops! Pay Complete

We will strive to pay your overdrafts, regardless of how they are created. The amount we are able to pay is based on your account history and activity and may change from time to time. To enable us to pay all of your overdrafts -- including one-time ATM/Debit Card transactions, ATM transactions, and one-time ACH transactions -- you must opt-in for ACU Oops! PaySM Complete.

Opt-Out: ACU Oops! Pay Limited

We will strive to pay your overdrafts when they are created by check, recurring ATM/Debit Card transactions, recurring ACH, or online transfers. The amount we are able to pay is based on your account history and activity and may change from time to time. You do not need to opt-in for this protection. We will charge an NSF Fee for each item whether it is paid or declined. We will decline overdrafts that are created by one-time ATM/Debit Card transactions.

More info about our ACU Oops! Pay products:

  • An NSF Fee up to $35 is charged for each item that is presented when insufficient funds are available, whether or not the item is paid. NSF Fees are disclosed in our Fee Schedule.
  • Merchants may convert your check to an electronic transaction. If your account balance is insufficient, the merchant may also electronically send its “bad check” fee(s) to your account and create an NSF item (and NSF Fee) on your Alabama Credit Union checking account. Authorized online transactions may occur in similar ways.
  • The best way to avoid paying NSF fees is to carefully monitor your account balance and transactions. Review the many free tools we provide.
  • If ACU Oops! PaySM is activated on your account, we will strive to pay your overdrafts. You must promptly repay the overdrawn balance. If you do not repay the overdrawn balance within 30 days, we may deactivate your ACU Oops! PaySM service and take other collection actions as described in our Alabama Credit Union Membership & Account Agreement.
  • We may approve your request for a refund of your next NSF Fee (one per member), if it was created by an ATM/Debit Card transaction or if you have never had an NSF Fee refund. Feel free to ask us about this.

Total Opt-Out

If you do not want your checking account to be protected by ACU Oops! Pay Complete or ACU Oops! Pay Limited, please notify us via secure e-mail using Online Banking or by calling our Member Care Center at 888.817.2002.

Overdraft Protection Line of Credit

Avoid NSF fees when your checks, debits or ATM/Debit transactions reach your account before payday by signing up for our Overdraft Protection Line of Credit. It's a pre-approved line of credit tied to your checking account; if you don't use it, it costs nothing, because we don't charge an annual fee or application fee. If it's activated by an NSF, then you pay interest on the number of days you use the loan. You must make monthly payments (or make a lump-sum payoff) to keep the loan ready for you, whenever you need it.

Savings Overdraft Transfer

Elect to have money automatically transferred from your savings account to your checking account to cover a payment from your checking account. This transfer will take place if you do not have enough money in your checking account to cover the payment. A service fee of $5 will be deducted from your designated savings account each time Savings Overdraft Transfer is used. The Savings Overdraft Transfer service will cover payments you pre-schedule for your consumer loans and/or mortgage.

Opting-In

To opt in to the Savings Overdraft Transfer service, complete the Savings Overdraft Transfer form. Present the form at any Alabama Credit Union branch or mail it to P.O. Box 862998 Tuscaloosa, AL 35486.

Here are FREE tools to manage your account balance to prevent unintended overdrafts:

  • Online Access - Conduct account transactions, view account histories, schedule transfers, request stop payments, send secure email messages, and much more with ACUiBranch®.
  • Mobile App - Securely and conveniently pay bills, transfer funds, check balances, search recent account activity, and find the nearest ATM or branch location — all with our ACUmBranchSM app.
  • Notify Me Alerts - Receive customized email and text alerts about your account activity.
  • Call our Member Care Center during business hours: 888.817.2002