It can happen to anyone. You've been using your checking account more than usual and now, as you write a check for that emergency car repair, you overdraw your account.

The check is returned for insufficient funds and your account is charged with a special handling fee.

If you have American Eagle Federal Credit Union™ checking, the answer is simple: Overdraft Coverage. Whenever you overdraw your account, using your CURTPlus^SM check card, personal checks, ACH, or our Bill Payment service, Overdraft Coverage automatically kicks in, saving you the expense and embarrassment.

And we give you a choice! Have Overdraft Coverage from your Savings account or from your American Eagle VISA^® credit card.

From Your savings:
Let’s say you've overdrawn your checking account. Overdraft Coverage from your Savings will automatically transfer available funds from your savings account to your checking account to cover the overdraft.

A fee of $5.00 per transfer will be charged to your savings account. The transfer and fee will appear on your next statement. You will also receive written notice showing the date and amount of the transfer and fee. There is a limit of six automatic, pre-authorized or third-party transfers from your savings account per month.

From your VISA^® credit card:
Maybe you would rather overdraft coverage from your American Eagle VISA ^® credit card. Overdraft Coverage from your VISA^® automatically transfers a cash advance in the exact amount from your Credit Union VISA^® account (up to your available VISA^® credit limit) to your checking account to cover the overdraft.

The cash advance deposit will appear on your next checking statement, as well as on your next VISA^® bill (Please note that finance charges start accruing from the date of the cash advance). You also will receive a written notice showing the date and amount of the cash advance.

How to apply
It’s easy. Print out and complete the Overdraft Coverage application (PDF format).
Choose either Overdraft Coverage from your Savings account or American Eagle VISA^® credit card. Mail, fax, or bring the application into any American Eagle branch. There is no fee to apply.

For more information on Overdraft Coverage, call our Member Contact Center at extension 5101.