Extended Overdraft Protection
Sometimes, your account balance may not be enough to cover a transaction. When this happens, an overdraft occurs. In some cases, Harborstone may still pay the transaction for you—helping you avoid a declined purchase.
You automatically receive a savings only transfer option with your checking account. This means:
- If you have enough money in your savings account, we’ll transfer it to cover the transaction.
- No overdraft fee is charged for this transfer.
Our Take Ten service helps with small shortfalls:
- Covering overdrafts of $10 or less.
- Your account must not go below negative $10 total.
- No overdraft fee is charged.
- Not available for business accounts.
Additional Overdraft Options
For added protection, you can opt-in to one of the following with an additional fee:
Basic Coverage, which covers:
- ACH withdrawals and recurring debit payments
- Online Bill Pay
- Checks
Extended Coverage, which covers everything in Basic, plus:
- ATM transactions
- Everyday debit card purchases
Basic and Extended Coverage Fees and Limits:
- $20 per overdraft
- Up to 8 fees per day (maximum $160 per day)*
*While members are limited to eight debit transaction fees per day per account ($160), it is possible to incur additional fees if previously authorized transactions settle on a day where eight fees have already been assessed.
How to Enroll
To opt-in to Basic or Extended Coverage:
- Download and complete the opt-in form here.
- Submit your form by:
- Secure upload through online banking
- Secure message
- Visiting a branch
- Mailing it to the address below:
Harborstone Credit Union
P.O. Box 4207
Tacoma, WA 98438-0207