COVERED CHECKING CAN BENEFIT YOU by saving you the expense and embarrassment of having your checks returned.⁽¹⁾ As a Campus Federal member, your account may have this valuable enhancement. As long as you maintain your membership in good standing, your overdraft checks may be paid rather than returned. It's our way of saying "We've got you covered." The normal non-sufficient funds fee applies. As of May 2008, the non-sufficient funds fee is $27. However, this service helps avoid additional merchant fees. Ask any member service representative today about this valuable enhancement to your checking account.

The fee is imposed for overdrafts created by checks, in-person withdrawals, ACH items, ATM withdrawals, or by any other electronic means. If you overdraw your account, we will have the discretion to pay the overdraft up to your Covered Checking limit and the amount of the overdraft fee. Campus Federal is not obligated to pay any item presented for payment if your account does not contain sufficient available funds. Any discretionary payment (or other negotiation or processing) by Campus Federal of any non-sufficient funds check or other item does not obligate or create an agreement or course of dealing for Campus Federal to pay any additional non-sufficient funds check or item or to provide prior notice of its decision to refuse to pay any additional non-sufficient funds check or item. The account balance must be brought to a positive balance within every thirty (30) day period.

(1) The discretionary Covered CheckingSM limit may not be available when using Campus Choice (debit card).