Privilege Pay

Young Woman Holding Grocery BagSometimes things don’t go as planned. When this happens with your checking account, it can be embarrassing.  Our Privilege Pay Program helps you avoid the embarrassment and inconvenience of a returned check or denial at the counter for your everyday debit card transactions.

 

We will authorize and pay overdrafts for the following types of transactions:

  • Checks & other transactions made using your checking account number
  • Automatic Bill Payments

We will not authorize and pay overdrafts for the following types of transactions, unless you ask us to.  Simply call us at 610.326.3705 or 800.446.8887.
Privilege Pay Opt In Form

  • ATM transactions
  • Everyday debit card transactions

What fees will I be charged?

  • A fee of $30 will be charged each time an overdraft is paid

There are some Basic Limits:

  • You cannot exceed $330 negative balance, (including fees)
  • You must bring your account to a positive balance within 35 days
  • You must be a member for a minimum of 30 days
  • You cannot be delinquent on a loan for more than 10 days
  • You must have deposits of at least $330 in the past 35 days (not including loan proceeds)
  • You may withdraw from this program at anytime, simply call us at 610.326.3705

How does this work with my current overdraft protection?

 

When an item is presented for payment, we will first check availability of funds in your savings account or any other account you previously set up as an overdraft account.  If the item cannot be paid from these available funds, the item will be covered by Privilege Pay, if you meet the qualifications.