A Change to your Member PrivilegeŽ Service
Effective July 1, 2010*, Freedom Credit Union will no longer offer overdraft protection for your everyday debit card purchases and ATM transactions, unless you tell us you want to keep this service on your account.
If this service is discontinued, your ATM transactions and purchases at grocery stores, gas stations, pharmacies and so on, will no longer be covered by the Member Privilege® service. That means if you do not have enough money in your account, or if the funds are not yet available, your card will be denied.
To keep this convenient service on your account, please complete the opt-in form by clicking here. You may return the form at any of our branches.
* Effective July 1, 2010, Freedom Credit Union will not authorize and pay overdrafts on ATM and everyday debit card transactions without account holder consent. An overdraft (OD) fee or insufficient funds (NSF) fee of up to $25.00 will be charged for covering overdrafts that result in a negative balance at the end of the day. Overdrafts may be created by check, ACH, online banking transactions, phone transactions, or other electronic means. Recurring debit card transactions (payments that are set up to bill and pay automatically), such as an automatic draft from your health club or insurance company, may continue to be covered by your overdraft service. Once an overdraft has occurred, you are required to bring your account to a positive balance within 30 days. We reserve the right not to pay if your account in not in good standing. Please contact us with any questions.
