Overdraft Protection Plan. If we have approved an overdraft protection plan for your Account, we will honor drafts drawn on insufficient funds by transferring funds from another Account under this Agreement or a loan account, as you have directed, or as required under the Credit Union's overdraft protection policy for your Account. The fee for overdraft transfers, if any, is set forth on the Rate and Fee Schedule. This Agreement governs all transfers, except those governed by agreements for loan accounts. The Overdraft Protection Plan consist on a Line of Credit, as requested by you and approved on your behalf by the credit union, based on the parameters required on our Loan Policy. If you exceed the limit of your line of credit, you will not be protected by this plan.
Appears in 3 contracts
Sources: Membership and Account Agreement, Membership and Account Agreement, Membership and Account Agreement