We understand.  It happens to all of us.  You make a mistake in your checkbook.  You're a little short of cash 2-3 days before payday.  That's why InvesTex offers Courtesy Pay, an added member service that protects your personal checking account when an inadvertent overdraft occurs.  We require no applications.

• Protection from the embarrassment of returned checks
• Protection from the merchant returned check charges
• Protection from collection agency fees
• Protects your good credit rating

NEW REGULATIONS require account holders who currently have Courtesy Pay to opt into the program by August 15, 2010 allowing it to be available thereafter.  If you currently have Courtesy Pay and want to continue this privilege, please prepare and sign the Courtesy Pay opt in form and return to InvesTex before August 15, 2010.  Forms are available online and at all branch locations.  If InvesTex does not receive your signed form, your Courtesy Pay privileges will discontinue after August. 15, 2010.  If you prefer not to have Courtesy Pay, use the same form to opt out anytime.  Your Courtesy Pay privileges are at the discretion of InvesTex and can be removed at any time.

With this line of credit, funds are available whenever you need them.  Ready Credit Overdraft Protection transfers funds from your line of credit loan to your share draft/checking account to pay a check presented on insufficient funds.  Transfers are made in increments of $50.00 and added to the balance of your Ready Credit Loan.  Payment notices are issued to you after each occurrence.  If the limit is reached on your Ready Credit Loan, funds will be transferred through Share Overdraft Protection. 

All InvesTex checking accounts automatically carry share overdraft protection (unless you have notified us to remove this service from your account).  With Share Overdraft Protection, transfers of available funds are made from your shares/savings account to pay a check presented on insufficient funds.  Transfers are made in increments of $50.00 and the fee for this service is $2.00 per occurrence.

¹ A fee is charged to your account for each overdraft paid.  Refer to the current Fee Schedule.  The type of transactions that are eligible for Courtesy Pay privilages in which a fee is charged include all debits to your checking account excluding ATM/PIN-based withdrawals.  You are required to repay or cover any overdrafts paid by InvesTex immediatly, but not longer than 30 days.  Your Courtesy Pay privilages can be revoked at the discretion of the credit union at any time.