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Overdraft Protection and Privileges

Our standard overdraft privilege coverage comes with your account. So, you can have peace of mind knowing that your transactions will go through with a little help from Signal.

Here are your options

Overdraft Service Fee
Set it and forget it
Link to another one of your Signal deposit accounts
No fee to transfer
Line of Credit Subject to interest
Overdraft Privilege $28 Overdraft fee per item

Standard Versus Extended Coverage. What’s the Difference?

Overdraft Protection

Services apply to all transactions and may help prevent overdrafts by automatically transferring funds to your checking account from another account or line of credit you may have at Signal Financial for a finance charge. Please note that overdraft lines of credit are subject to credit approval.

Overdraft Privilege

Allows you to overdraw your account up to the disclosed limit for a fee to pay for a transaction. Even if you have overdraft protection, Overdraft Privilege is still available as secondary coverage if the other protection source is exhausted.

Transactions Covered
with Overdraft Privilege

Standard Coverage

(No action required)

Extended Coverage

(Consent required on consumer accounts)

ACH – Automatic Debits
Recurring Debit Card Payments
Online Bill Pay Items
Online Banking Transfers
Telephone Banking
ATM Withdrawals
Everyday Debit Card Transactions

If we do not authorize and pay an overdraft, your transaction will be declined. We pay overdrafts at our discretion, which means we do not guarantee that we will always authorize and pay any type of transaction.

Want Signal to authorize and pay overdrafts on your ATM and everyday debit card transactions?

To sign up or apply for these services:

Bank easier, bank faster, and bank better with Signal Financial Federal Credit Union.
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