Overdraft Protection

Overdraft Protection.jpg
Program Features

Don't Worry, We Have You Covered

Altier Credit Union will no longer mail Overdraft Privilege notices when overdraft items are paid. Set up low balance and other account alerts quickly and easily in online banking. Learn more about account alerts.

Altier CU offers two types of overdraft protection for eligible checking accounts:

  • STANDARD COVERAGE includes bounced checks, automatic bill payments and late payments caused by non-sufficient funds.
  • OVERDRAFT PRIVILEGE extends that standard coverage to include everyday debit card and ATM transactions.

We've all been there before. In the checkout line or at a restaurant, only to discover your debit card has been declined. Overdraft Privilege is a secure and convenient way to help ensure your checking and everyday debit card transactions clear in the unlikely event your account balance runs low. It's free to opt in and it costs you nothing unless you use it.

Overdrafts on ATM and everyday debit card transactions will not be authorized and paid unless you request that we do so by opting in. 

Please read our Discretionary Overdraft Priviliege Disclosure for more details.

How to Opt In

Please fill out the online form or download the printer-friendly version.


You can also opt in by logging into online banking and selecting Overdraft Opt-In Form under Secure Forms. Or if you prefer, you can download the form here and bring it into any branch or mail it to: Altier Credit Union, 1650 S Priest Drive, Tempe, AZ 85281.

If you still have questions, call ServiceLine at 602.797.3000 or toll free 888.999.3936.
Outside the Phx metropolitan area

Overdraft Details

Standard Coverage

Our standard overdraft coverage is available on most eligible checking accounts and covers the following: 

  • Bounced checks and other recurring debit card transactions
  • Automatic bill payment or late payments caused by non-sufficient funds (NSF)

Overdraft Privilege

In addition to the standard coverage, you can opt in to receive extended coverage*:

  • ATM transactions
  • Everyday debit card transactions
  • Overdraft Privilege costs you nothing unless you need it. 
  • Altier will charge a $25 fee per item when the service is used, and pay the item up to your approved overdraft limit.

*Account holder must opt in for Overdraft Privilege. Altier will not authorize and pay these type of overdrafts without account holder consent.

Important Information Regarding Available Balance

Altier Credit Union authorizes and pays transactions using the available balance in your account. The available balance is comprised of the ledger balance (collected funds) less any debit card holds, and does not include any deposited funds on hold. Altier Credit Union may place a hold on deposited funds in accordance with our Deposit Account Agreement and Disclosure. If the funds in the available balance are not sufficient to cover a transaction, any available overdraft protection and/or the amount of the Overdraft Privilege limit, may be used to authorize and pay a transaction.

Altier Credit Union will place a hold on your account for any authorized debit card transaction until the transaction settles (usually within two business days) or as permitted by payment system rules. In some cases, the hold may exceed the amount of the transaction. When the hold ends the funds will be added to the available balance in your account. If your account is overdrawn after the held funds are added to the available balance and the transaction is posted to the available balance, an Overdraft Fee may be assessed. Please call us at 602.797.3222 if you have any questions.

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