Overdraft Tolerance

What is an overdraft? An overdraft occurs when you do not have enough money in your account to cover a transaction but the credit union pays it anyway.

What is the Overdraft Tolerance Program? When you opt-in to this program, AGCU may authorize and pay overdrafts for the following types of transactions:

  • ACH debits and withdrawals
  • Service or check charges
  • Checks issued to a third party
  • ATM withdrawals
  • Point-of-Sale transactions (Debit Card transactions)

We pay overdrafts at our discretion and do not guarantee that we will always authorize and pay any type of transaction. If we do not authorize your transaction, it will be declined. Overdraft Tolerance is offered to members who are eighteen (18) years of age or older and have accounts in good standing.

What fees will AGCU charge if I use the Overdraft Tolerance Program? We will charge a fee of $24 each time you overdraw your account and we pay the overdraft.

To opt-in to Overdraft Tolerance, contact us. You may choose to opt-out of this service at any time by contacting the credit union in writing at P.O. Box 2328, Springfield, MO, 65801.

For questions about Overdraft Tolerance, contact us.