At Calcasieu Teachers & Employees Credit Union, we understand that life happens and we want you to know that we are here for you when it does.
Whether you forgot about that payment that hasn’t posted yet or unexpected expenses pop up, the credit union is here to protect you from overdrawing your account. We offer various options to assist you when life happens…
Overdraft Protection (from Savings)
Save money and frustration by linking your savings account to your checking account and letting the credit union transfer the money when you forget about that bill that hasn’t posted or forgot to write down that after-school ice cream stop with the kids.
- Automatically moves the money from your savings to the checking to cover these items1, and
- only costs a $5.00 fee2
- $5.00 per overdraft transfer
In addition to Overdraft Protection (from Savings), the credit union also offers a Courtesy Pay program. Courtesy Pay is a service to assist you with those bigger accidents and to save you from returning items and causing more fees and frustration with the individual or business you were trying to pay. Accounts using Courtesy Pay are charged a Courtesy Pay fee for handling each overdraft created by check, ACH, Point-of-Sale2, or other electronic item that is paid.
- Optional service
- You may discontinue anytime by contacting the credit union
To extend your Courtesy Pay Protection to cover ATM and everyday debit card transactions, you must provide your consent (opt-in) in advance. To opt-in, simply fill out the form which includes additional information about your consent.