Overdraft PrivilegeOVERDRAFTS HAPPEN.

TruWest understands that unexpected expenses come up. Overdraft Privilege can help.

What is Overdraft Privilege?

Overdraft Privilege1 is a discretionary coverage that allows us to pay your items rather than returning them, should you inadvertently overdraw your checking account. This saves you the fees normally charged by merchants for items returned to them, as well as the inconvenience of a returned item. Overdraft Privilege can be added to eligible checking accounts. Members may request this service once their account has been open for 30 days or more.

TruWest offers two types of Overdraft Privilege: Standard and Complete.

What types of transactions does Standard Overdraft Privilege cover?

  • Checks
  • ACH pre-authorized debits
  • Online bill payments

Keep in mind balances at an ATM or other points of inquiry will not reflect the Overdraft Privilege limit.

What types of transactions does Complete Overdraft Privilege cover?

In addition to the Standard coverage, you can opt-in to receive Complete coverage:

  • ATM withdrawals or transfers
  • Everyday debit card transactions

How much does Overdraft Privilege cost?

Consumer accounts will be charged our standard overdraft fee of $35 for each item that is paid, should you need access to the discretionary Overdraft Privilege service.

It is possible your account can become overdrawn in excess of your Overdraft Privilege limit. Accounts must be brought to a positive balance within 30 days or the Overdraft Privilege will be removed.

What else do I need to know?

To learn more about this service we encourage you to take a moment to read our Overdraft Privilege disclosure.

How do I sign up for Overdraft Privilege?

Submit the “Overdraft Protection” online request form in online banking or contact us at 1.855.TRUWEST (855.878.9378) to opt in.

1Must be a TruWest member with minimum $5 to open a checking account. Checking account must be in good standing and remain open and properly maintained for 30 days or more to qualify for Overdraft Privilege.