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Overdraft Protection

Retain Balance 24/7. We’ve got you covered.

Overdraft Protection

Helps you prevent overdrafts while enabling you to make transactions and purchases with your debit card even when sufficient funds aren’t available in your account.

Overdraft Protection adds peace of mind to your account.

North Jersey Federal Credit Union overdraft services are another great way we help you bank better.

Use your Savings, or a Money Market Account as your first line of defense to ensure your transactions are covered. You are authorized to make up to six transfers each month to ensure you have funds to cover your debit card, ACH, checks and other Checking Account transactions. See our Consumer Fee Schedule.

Courtesy Pay

Courtesy Pay is a safeguard to protect against unexpected mistakes that overdraw your checking account balance. It provides the security of knowing your transaction will be processed and saves you from incurring additional charges from merchants due to insufficient funds to cover a transaction. The member must cover the overdraft within a three day period. 

If you use Courtesy Pay, you will incur a non-refundable fee of $35.00 for the convenience of knowing your transaction is covered. See our Overdraft Services Consent form.

Courtesy Pay is automatically provided for checks, ACH and recurring transactions from your checking account, but you must opt in to add Courtesy Pay for your debit card and ATM transactions.

Rates Effective as of June 1, 2024

North Jersey FCU reserves the right to change the rates without notice if necessary. There are times when this update may be experiencing technical difficulties and may not be able to be updated in a timely fashion. APR = Annual Percentage Rate. Restrictions may apply. Rate determined by credit score. Other rates may apply. We attempt to keep this page as updated as possible. However, from time to time system maintenance and other circumstances may prevent us from doing so. Therefore any rates quoted on this web page are subject to change. We are not financially responsible for typographical errors.

The information in the rate table below may not fully be viewable on certain smaller resolution devices. Please scroll the table contents or you can rotate your device to landscape orientation to ensure you are viewing the entire table contents.

Over Draft Protection (Ready Cash)

Term MonthsAPR* (Annual Percentage Rate)
N/Aas low as 12.74%

Overdraft protection is available, up to six (6) times per month at $3.00 each due to ACH, ATM or drafts. All transfers will be in exact amounts needed. After 6 transfers the item may be returned and a NSF fee of up to $35.00 may be assessed. For all savings, clubs, and money market account types, there is a $2.00 Reg D Acceptance Fee charged for each transfer or withdrawal made from a North Jersey FCU savings, clubs, and money market accounts beyond the six (6) allowed monthly by the Federal Reserve. Withdrawals or transfers made in person, by mail, by using an ATM, or telephone (if a check is payable to and mailed to the depositor for a withdrawal done via phone) do not count toward the six-per-month limit.

Other Overdraft Options Available

Overdraft Protection – If funds are available in your share account, NJFCU will automatically transfer the amount needed to cover the check. Transfers will not be made that would result in bringing your share account balance below the $50.00 minimum required balance. Regulations limit the number of transfers allowed per calendar month.

To enroll in any of our overdraft protection programs,

call us at 973-785-9200 or stop by any of our convenient branch locations and speak to one of our Member Service Representatives.

Overdraft protection is available, up to six (6) times per month at $3.00 each due to ACH, ATM or drafts. All transfers will be in exact amounts needed. After 6 transfers the item may be returned and a NSF fee of up to $35.00 may be assessed. For all savings, clubs, and money market account types, there is a $2.00 Reg D Acceptance Fee charged for each transfer or withdrawal made from a North Jersey FCU savings, clubs, and money market accounts beyond the six (6) allowed monthly by the Federal Reserve. Withdrawals or transfers made in person, by mail, by using an ATM, or telephone (if a check is payable to and mailed to the depositor for a withdrawal done via phone) do not count toward the six-per-month limit.