Overdraft Protection


What is Overdraft Protection?

Overdraft Protection services apply to all types of transactions and may help protect your account from being overdrawn by automatically transferring funds to your checking account from another account, cash advance, or line of credit you may have at Great NorthWest FCU, which may be subject to interest. Please note that cash advances and overdraft lines of credit are subject to credit approval.


What is Overdraft Privilege?

Overdraft Privilege allows you to overdraw your account up to the disclosed limit for a fee in order to pay a transaction. Great NorthWest FCU may provide you a specific Overdraft Privilege limit depending on the type of account you have. You will receive a letter approximately 35 days after account opening, for consumer accounts, or after 65 days, for business accounts, informing you that Overdraft Privilege has been activated on your account. You do not have Overdraft Privilege until you receive this notification. Even if you have Overdraft Protection, such as a transfer from another account, Overdraft Privilege is still available as secondary coverage if other protection sources are exhausted. Please be aware that the Overdraft Privilege amount is not included in your available balance displayed through internet banking, mobile banking, telephone banking or Great NorthWest FCU ATMs.

To learn more about your coverage options, please view our Overdraft Coverage Disclosure.

To change your coverage please download the Opt-In Consent Form and mail the completed form to:
301 W. Wishkah St
Aberdeen, WA 98520