Overdraft Protection

Overdraft Transfers
If you write a check, authorize a payment, withdraw cash at an ATM, or use your debit card to make a purchase when there are not enough available funds¹ in your checking account, SAFE can transfer funds from your designated Overdraft Protection source, such as your SAFE Visa^® Credit Card, SAFE Home Equity Line of Credit, SAFE savings account, and/or money market account. There is no fee for overdraft transfers.

New checking accounts are automatically enrolled with Savings as the designated Overdraft Protection source. To add additional sources for Overdraft Protection during business hours, or call a helpful SAFE representative at (916) 979-7233 or (800) SEE-SAFE.

Courtesy Pay
SAFE members in good standing are automatically enrolled in Courtesy Pay for overdrafts caused by checks, automatic bill payments, and other transactions that directly debit your personal checking account. SAFE offers an optional service that helps you avoid the hassle of a declined transaction due to insufficient funds for ATM and everyday debit card transactions.

The maximum Courtesy Pay transaction fee per day ranges from $2 to $30 and:

• will only be applied if and when you use the service
• will only be charged once per day when you use the service
• is waived if you bring your balance positive before the end of the day

Plus, you'll incur no daily fees for negative checking balances.

Additionally, you can manage your account alerts to notify you of a low balance, a large withdrawal, and more.

Members with smaller overdraft balances benefit from lower fees. There is a maximum of one (1) fee per day when we pay an overdraft transaction based on the end-of-day account balance as shown below:

See below for an example of our optional Courtesy Pay service for everyday debit card transactions:

You can enroll in the optional Courtesy Pay service for ATM and everyday debit card transactions through SAFE Online Banking or the Mobile App.

Online Banking:

• Log in to Online Banking
• Select “Card Services”
• Select “Choose Debit Card Courtesy Pay”
• Click on “View Overdraft Service Options” button
• Follow page instructions

Mobile App:

• Log in to Mobile App
• Select “More”
• Go to “Card Services” section
• Select “Choose Debit Card Courtesy Pay”
• Click on “View Overdraft Service Options” button
• Follow page instructions

You can also print and mail in the Overdraft Service Options form to the following address: SAFE Credit Union, 2295 Iron Point Road, Suite 100, Folsom CA 95630-8765.

Finally, to enroll in Debit Card Courtesy Pay during business hours, or call a helpful SAFE representative at (916) 979-7233 or (800) SEE-SAFE.

End-of-day balance is your account balance after the branch closes for the business day, or generally at 6 p.m. PT each calendar day, and after all transactions including direct deposits, Bill Pay items, checks, and Automated Clearing House (ACH) items post to your account. You can generally avoid a Courtesy Pay fee by making a deposit before 6 p.m. PT. Be sure to deposit enough funds to cover your debit card transactions, Bill Pay items, checks and ACH items that may clear that day. A Courtesy Pay fee will not be charged if the available balance was sufficient at the time the debit card transaction was authorized.  Account must meet credit union criteria for Courtesy Pay service. Whether your overdrafts will be paid is discretionary, and we reserve the right not to pay if your account is not in good standing. The negative balance must be paid within 20 days to avoid account restrictions. You may opt out of Courtesy Pay through chat now, by contacting SAFE's Call Center at (916) 979-7233 or (800) SEE-SAFE, by visiting any SAFE branch, or mailing your written revocation to SAFE Credit Union, 2295 Iron Point Road, Suite 100, Folsom CA 95630-8765.

1 Available funds means the balance in your account reflecting any authorized debit card transactions waiting to clear your account and deposit holds. Available balance may not include pending bill pay items or checks written by you that have not been presented for payment. You can view your available balance when you review your account online, at an ATM, by phone, or at a SAFE branch.