Overdrafts
We understand that mistakes happen. Our Overdraft Services may help.
Our Overdraft Services may help cover transactions when there are not enough available funds in your account. Payment of overdraft is discretionary, and we do not guarantee that we will always authorize and pay any type of transaction.*
Standard Overdraft Coverage
All Listerhill checking accounts come with Standard Overdraft Coverage. Under Standard Overdraft Coverage, Listerhill may authorize the following transactions:
- Checks
- Bill payments (such as recurring ACH transactions)
If an item is paid into overdraft, you will be charged an Overdraft Fee.
You can opt out of Standard Overdraft Coverage at any time by visiting a Listerhill branch or calling 1-800-239-6033. If you are opted out, the item will be returned, and you will be charged an NSF Fee.
Debit Card Overdraft Coverage
Debit Card Overdraft Coverage is an optional service that determines how Listerhill handles your recurring and everyday debit card transaction on eligible accounts.
You can add or remove this coverage at any time by visiting a Listerhill branch or calling 1-800-239-6033.
If enrolled, the transaction may be authorized but an Overdraft Fee applies. If un-enrolled, the transaction may be declined and no fee will apply.
Overdraft Protection
Overdraft Protection is an optional service that is different from Debit Card Overdraft Coverage. You can link your checking account to a savings account or line of credit.
This service will pay your transactions out of the linked account if you do not have enough money in your checking account.
If a transfer comes from a savings account, a transfer fee will be assessed. If a transfer comes from a line of credit account, a transfer fee will not be assessed.**
Overdraft Fee of $32 per item paid; NSF (Returned Item) Fee of $32 per item returned unpaid. Overdraft fees may be charged for overdrafts created by checks, ACH transactions, recurring debit card transactions, bill payments, and other transactions as described in our account disclosures. We do not authorize and pay overdrafts for everyday debit card transactions unless you affirmatively opted in to that service. Any overdrawn balance, including applicable fees, is due immediately and must be repaid according to the terms of your account agreement. We may decline to pay an overdraft for any reason, including but not limited to excessive overdrafts, delinquent obligations to Listerhill Credit Union, suspected fraud, account restrictions or closures, and other circumstances permitted under our account agreement. Payment of an overdraft on one occasion does not obligate us to pay overdrafts in the future. Complete details regarding our overdraft services, fees, limitations and eligibility requirements are available in our Overdraft Services Disclosure and Rate & Fee Schedule. Contact us at 1-800-239-6033 or visit a branch to request a copy.
Anytime Personal Line of Credit is subject to membership eligibility and credit approval. Rates, terms, conditions, and credit limits are subject to change without notice. APR = Annual Percentage Rate. APR, credit limit, and other terms may vary based on individual borrower's creditworthiness and other underwriting factors. APR may vary after account opening. Membership eligibility required. Other restrictions may apply. Contact a Listerhill Credit Union loan officer for complete details.
In accordance with applicable laws and regulations, loan proceeds may not be used for business, commercial, agricultural, organizational, or student loan purposes (among other less common purposes).
Tips To Avoid Overdraft Fees
Following these tips can help you avoid overdraft fees:
- Keep track of transactions and balances
- Do not forget about outstanding items like checks or recurring transactions
- Keep a little extra in your account just in case you overdraw
- Review your account statements
- Utilize financial wellness resources, like Banzai, Listerhill's free financial wellness partner
All Listerhill checking accounts are eligible for three (3) Overdraft or NSF Fee refunds per year. To request a refund, visit a Listerhill branch or call 1-800-239-6033.
Download Our App
Listerhill's Mobile Banking app features mobile check deposit, detailed transaction information, money transfer, account alerts and more! Available for the latest Apple and Android devices.
