Checking Agreement Addendum for Overdraft Protection
Member Name:
Member Number:
Last 4 Digits of SSN:
Email Address:
Transaction Authorization Code(TAC):
Joint Owner:
Joint Owner Last 4 Digits of SSN:
Note: If you don't have a Personal Line of Credit, you must apply for one first before requesting overdraft protection from your PLOC. Any additions to the line will be for the amount of the overdraft. If I/we do not have enough available credit on my/our L2, the overdraft will not be paid in this manner. I/We agree that additions to the line of credit may be made if either or both of our signatures appear on a check that causes an overdraft.
I/we hereby request and so authorize the Police and Fire Federal Credit Union to provide overdraft protection for my/our Credit Union checking account and/or PIN and signature point-of-sale transactions made with my/our PFFCU Debit Card or PFFCU ATM card. I understand that the Credit Union is under no obligation to pay a check, or authorize a purchase that exceeds the balance in the checking account, however, the Credit Union may pay such a check, or authorize a purchase, if possible, under one of the following options:
PFFCU automatically provides Overdraft Protection from your Savings (S1) account. if you would also like to utilize your Personal Line of Credit (L2) for Overdraft Protection, please choose one of the following options: First from my Savings (S1) and if sufficient funds are not available, then from my Personal Line of Credit (L2). First from my Personal Line of Credit (L2) and if sufficient funds are not available, then from my Savings (S1).
If you do not want to use your Savings (S1) account for Overdraft Protection, please choose one of the following: I do not want any Overdraft Protection for my PFFCU Checking Account . I only want Overdraft Protection from my Personal Line of Credit (L2).
I/We agree to these terms and I/we agree to hold the Police and Fire Federal Credit Union harmless for any additions to my/our line of credit effectuated by any joint owner of my/our checking account or authorized user of my/our PFFCU Debit Card.
I/We agree that clicking the box below and forwarding this application acts as my/our signature on this application that I/We are submitting to PFFCU. I/We certify that all of the information provided is true and correct, and agree to be bound to the terms and conditions regarding the account(s) as well as any disclosures, that have been or will be provided to me/us.
Additional Comments
