Overdraft Protection

Overdraft Protection and Courtesy Pay Privilege are designed to prevent checking account transactions from being rejected due to non-sufficient funds (NSF). Overdraft Protection allows funds to be transferred from a designated credit union savings or checking account to pay otherwise rejected items due to NSF. If there is not enough money available in the accounts, the payment will be rejected resulting in multiple fees from the credit union and the merchant not receiving the payment – unless Courtesy Pay Privilege is applied.

Overdraft Protection

If the savings or checking account does not have enough funds to cover the payment, funds will be transferred from the designated account to cover the overdraft at no charge

Overdraft Protection only works if the member has money in their other designated accounts.

Sun East offers this service free for up to 2 transactions per calendar month. The fee for 3 or more transactions will be $10 per transaction during the same statement period.

Member would set up Overdraft Protection by designating which accounts to draw from.

  • Please note that Savings and Money Market accounts are still subject to Regulation D (Reg D) and will cut off at 6 automatic withdrawals within a month.
  • Members who use an additional checking account as the overdraft account should be aware that Reg D does not apply and the account can be withdrawn from continuously. This could create a potential problem such as excessive transfer fees.

What if I want to Update my Sun East’s Overdraft Protection Account Designation?

At any time, you may choose not to participate in Sun East’s Overdraft Protection program. You can also change your designated funding account whenever you wish. To do either, please contact our Call Center at 610-485-2960 or visit your local branch.


More information on Overdraft Protection can be found in our Depository Agreement on page 8.