Overdraft Protection

If your checking account falls short, we're here to help

Have you ever tried to purchase something or make a payment, only to find that there wasn’t enough money in your checking account to cover the transaction? That’s called an overdraft. When finances are tight or you’ve made a mistake, the last thing you want is the inconvenience and embarrassment of having a transaction refused, not to mention the extra cost of expensive merchant fees.

Here’s how we help our members out with overdraft protection when their checking accounts fall a little short.

Be your own backup

Link your checking account to a Dupaco savings account or other designated account and set up automatic savings transfer. If your checking account is ever in danger of becoming overdrawn, money will automatically transfer from your linked account to cover the shortfall.

  • Six free automatic transfers per month
  • Subsequent transfers are subject to a fee

If you don’t have enough money in savings for an automatic transfer, our Overdraft Privilege service can serve as your backup plan.

To set up automatic savings transfer, give us a call at 800-373-7600 or email us at service@dupaco.com.

We'll watch out for you, too

Our Overdraft Privilege service will pay overdrafts up to $700 on qualified member checking accounts. That means we’ll honor your check or transaction amount and you will be charged a non-sufficient funds (NSF) fee. If your account is set up for automatic savings transfer, Overdraft Privilege will only be used if you do not have sufficient savings to cover your overdraft.

  • New checking accounts may qualify for coverage after 30 days. If your checking account qualifies, you will be automatically enrolled.
  • Checks, ACH recurring payments and other transactions that use your share draft checking account number will be paid automatically.
  • To request coverage for ATM transactions and debit card transactions on your account, please call Dupaco at 800-373-7600 or email service@dupaco.com.

Read more: Avoiding Overdrafts and Overdraft Fees

Learn more about your overdraft protection options

For assistance or more information, give us a call at 800-373-7600 or email us at service@dupaco.com.

Comments (7)
Overdraft Q
Nannette
 • 429 days 17 hrs 6 mins 40 secs ago
If I opted in to these services how soon before it becomes available for me to utilize?
 

Re: Overdraft Q
Dupaco Moderator
 • 429 days 11 hrs 6 mins 5 secs ago

Hi Nannette, We will have someone reach out to you. Overdraft protection is available on accounts that are in good standing, which is defined as the following: • The account has been open for at least thirty (30) days and has deposits totaling at least $300 or more within each thirty (30) day period • The account demonstrates consistent deposit activity • The account owner is current on all loan obligations • The account is not overdrawn for more than 30 consecutive calendar days • The account is free of any restrictive hold codes

 

Overdraft Q
Nannette
 • 429 days 17 hrs 6 mins 40 secs ago
If I opted in to these services how soon before it becomes available for me to utilize?
 

Re: Overdraft Q
Dupaco Moderator
 • 429 days 11 hrs 6 mins 5 secs ago

Hi Nannette, We will have someone reach out to you. Overdraft protection is available on accounts that are in good standing, which is defined as the following: • The account has been open for at least thirty (30) days and has deposits totaling at least $300 or more within each thirty (30) day period • The account demonstrates consistent deposit activity • The account owner is current on all loan obligations • The account is not overdrawn for more than 30 consecutive calendar days • The account is free of any restrictive hold codes

 

Overdraft
Janel M
 • 582 days 21 hrs 58 mins 28 secs ago
How Do You Know Your Overdraft Privilege line available?
 

Re: Overdraft
Dupaco Moderator
 • 582 days 11 hrs 23 mins 17 secs ago

Hi Janel, new members will receive a letter from Dupaco when they become eligible for an overdraft limit, no sooner than 30 days after account opening. Existing members can contact Dupaco to ask if they have an overdraft limit available.

 

Overage charged
Samantha
 • 661 days 12 hrs 32 mins 52 secs ago
Will I be charged just for going over by a few cents?
 

Re: Overage charged
Dupaco Moderator
 • 660 days 10 hrs 23 mins 18 secs ago

Hi Samantha, yes, the overdraft fee is charged for any amount, but you can contact us to have it waived.

 

Overdraft question
Brian
 • 841 days 18 hrs 48 mins 33 secs ago
Will you be charged the fee each time a transaction/ATM withdrawal happens after the account goes negative or is it just a one-time thing?
 

Re: Overdraft question
Dupaco Moderator
 • 841 days 11 hrs 35 mins 12 secs ago

Hi Brian, overdraft fees are charged on each transaction that occurs when an account is negative, up to a maximum of five fees incurred on one business day.

 

overdraft question
stacey
 • 877 days 9 hrs 8 mins 49 secs ago
Can you still get money out of you account even if it is negative?
 

Re: overdraft question
Dupaco Moderator
 • 877 days 7 hrs 31 mins 19 secs ago

Hi Stacey, If your checking account is eligible for overdraft protection, you would still be able to withdraw funds while the account is negative. There is a limit to how much a member can overdraft. The member must bring the account positive within 30 days, or the account will be considered delinquent. Members cannot withdraw from delinquent checking accounts.

 

Overdraft eligibility
Shea K
 • 1204 days 16 hrs 8 mins 22 secs ago
I've opted in to use the overdraft privileges, how do you know if you meet the eligibility requirements for overdraft privileges?
 

Re: Overdraft eligibility
Dupaco Moderator
 • 1202 days 5 hrs 32 mins 19 secs ago

Hi Shea, in order to be eligible for overdraft, a member cannot have any closures from another financial within the last 6 months.

 

Overdraft question
Demetrius
 • 1212 days 2 hrs 5 mins 59 secs ago
Are you allowed to use overdraft privilege to go to the store and buy groceries?
 

Re: Overdraft question
Dupaco Moderator
 • 1209 days 6 hrs 11 mins 32 secs ago

Hi Demetrius, as long as you have an Overdraft Privilege line available (max amount is $700), it can be used for any purchase or withdrawal.

 

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