What is Overdraft Protection?
An overdraft occurs when you do not have enough money in your account to cover a transaction, but we pay it anyway. We can cover your overdrafts in two different ways:
- We have standard overdraft practices that come with your account.
- We also offer overdraft protection plans, such as link to a savings account, which is less expensive than our standard practices.
Standard Overdraft Protection
This option is also known as "OPT-IN". With this protection Pinnacle Credit Union will cover charges when your account is overdrawn up to $500. Each charge that occurs a fee is assessed to the account.
Overdraft Transfer Protection
This protection links your checking account into your savings, line of credit, etc. to first cover overdrawn charges before Pinnacle Credit Union steps in. With this protection comes a MUCH smaller fee.
If you are interested in any of the above protection plans CLICK HERE to learn
more about our protection plans and fill out the form requried. That form can be returned to Pinnacle by mail, fax, or email.
536 North Ave
Atlanta, GA 30308