Overdraft Privilege

Have you ever run short of funds just before payday or when you have an unexpected expense? Relax! You deserve consideration.

Rather than automatically returning you overpaid non-sufficient funds, we will consider, without obligation on our part, payment of your reasonable overdrafts up to $500.* You don't have to do anything special or sign any additional documents to qualify for this discretionary overdraft service. And, if you never need or use the service, it costs you nothing. But, if you ever find yourself a little short on money, or have an unexpected financial need, we will consider, as a courtesy, the payment of your overdraft items up to your assigned Overdraft Privilege limit.

We will charge our normal overdraft fee for each item we pay for you. This can save you the embarrassment and any additional charges caused by returned checks. Just ask any of our Member Service Representatives for more information.

Avoiding Overdrafts

Stark FCU is committed to helping members avoid overdraft fees. We try to limit overdraft charges by taking the following steps:

  • We offer free emergency overdraft protection from savings up to 6 times month. Available funds will be transferred from the primary savings account automatically to cover check and debit card transactions. Click here for more information.
  • We allow a $15 grace amount before a fee is charged. This helps eliminate the "$40 cup of coffee" scenario. That is, we try not to charge a overdraft fee that might have resulted from a small purchase.
  • We cut the number of possible overdraft charges to a maximum of six (6) fees per day. Most financial institutions have a maximum of eight (8) per day.
  • Email and text alerts

Of course, the best defense against overdraft fees is to carefully balance your checkbook and pay close attention to check and debit card usage.