Primary Savings, Checking and Money Market shares are eligible for Overdraft Pay Advantage. Primary savings and money market shares can have Overdraft Pay Advantage coverage of $50.00. Personal Checking accounts will have coverage ranging from $100.00 to $1,500.00 and Business Checking accounts will have coverage ranging from $100.00 to $2,000.00.

Overdraft Pay Advantage can be used to pay your checks, automatic bill payments (such as Automatic Clearing House or recurring debit card transactions), and your everyday debit card transactions. When the service is used, a non-sufficient fund fee is charged (up to the maximum 6 charges per day). After a transaction is paid, you’ll be asked to make a deposit to cover the negative balance in your account immediately, and no later than within 20 days.If your account is not in good standing or you have not made regular deposits into your account, we may not be able to extend Overdraft Pay Advantage services to pay your transaction.

Redwood Credit Union (RCU) offers Members valuable products and services with no or low fees. For select products and services, some fees are assessed as a cost recovery. See our Cost Recovery Schedules for Personal Accounts and Business Accounts for details.