What is Patelco Credit Union's policy on overdraft protection?

Patelco Credit Union's policy on overdraft protection is designed to provide members with flexibility and security when it comes to managing their checkings accounts. Overdraft protection can help avoid declined transactions and the associated fees that can arise from insufficient funds. Patelco Credit Union typically offers several options for overdraft protection. One common option is linking a savings account or line of credit to the checking account. This means that if there are insufficient funds in the checking account, Patelco can automatically draw from the linked account to cover the shortfall. This can be a useful way to minimize fees and maintain transactions without interruptions. Members should be aware that fees may apply under certain circumstances, and it is advisable to review the specific terms associated with different types of overdraft protection. Additionally, everything pertaining to overdraft policies can change, so it is beneficial for members to refer to the official Patelco website for the most current information and detailed explanations of their overdraft protection options. This ensures that members have the latest policies and can make informed decisions based on their banking needs.