Protection From Overdrafts | Summit Credit Union

Everyone runs short once in a while. But Summit’s got your back with our overdraft protection options!

Balance Account

If you have a , your transaction will automatically be declined if there isn’t enough money in your account to cover it. And that means you’ll never have to worry about overdraft fees.

All Other Checking Accounts

For other kinds of , you can choose from two types of protection: Overdraft Transfers and Overdraft Protection Line of Credit.

Please note: Overdraft protection doesn’t happen automatically; you’ll need to set it up or at a .

Overdraft Transfers From a Deposit Account

Automatic transfers are set up from your primary savings and/or money market account to your checking to cover overdrafts, as long as funds are available. A small $3 fee applies for each transfer from a linked deposit account. To set it up, simply give us a call at 608-243-5000 or 800-236-5560.

Overdraft Protection Line of Credit Loan

Protect yourself from transactions being declined because of non-sufficient funds with an Overdraft Protection Loan.

Automatic transfers when you need them
Ensure funds are available for your automatic payments so your bills are paid on time, helping you establish good credit
Affordable monthly repayment option