Coverage for the unexpected

One Free Overdraft Every Year. Really.
Just give us a call and we'll reverse one checking account overdraft fee every year.¹

You can choose from one or more of these easy-access options:

Automatic transfer from savings to checking. Should an overdraft occur funds from your savings account will be transferred to cover the draft for a minimal fee of $5 per transfer.

Line of credit or Visa transfer to checking. Should an overdraft occur, the funds are automatically taken from your available line of credit or Visa balance for the amount of the draft and transferred to your checking account. Interest is charged daily on the transferred amount. No fee is charged.

Courtesy Pay covers transactions on your account when you do not have enough money to cover the items. This service offers you peace-of-mind knowing your transaction will be covered up to your Courtesy Pay limit of $500 or $1,000. Courtesy Pay is accessed only if funds are not available for transfer from savings, a designated deposit account, Visa, or line of credit or if you request Courtesy Pay to be accessed first. You only pay for this service if you use it. There is no monthly service fee. Courtesy Pay is extended 60 days after an account is opened, to all accounts that have elected coverage and are in good standing.

Sound Credit Union does four very important things, which other institutions may not, to help you save money with the Courtesy Pay Program.

• ACH deposits (payroll, Social Security, etc.) and ACH withdrawals (automatic deductions, etc.) are posted, in each file, before clearing account transactions.
• We clear your transactions from "low to high" in each file that we receive, which means we clear the small dollar amount transactions before the large ones. This assures that more items clear your account before Courtesy Pay is accessed, and you experience fewer Courtesy Pay or Non-sufficient Funds (NSF) fees. (See example below.) Keep in mind that once a debit card is used, the merchant may place a hold on the funds for 1-5 days. If additional transactions are made that exceed the available checking balance, Courtesy Pay fee(s) may be charged.
• Funds are transferred first from your savings (or another designated account) before accessing Courtesy Pay. The charge for a transfer is $5 instead of the normal CP fee.
• Upon request we'd be happy to refund one overdraft fee every calendar year.¹

Other Institutions Clearing Items High to Low	$ Amount	$ Account Balance
Beginning balance		1,000
Rent	1,100	(100)
Overdraft Fee	29	(129)
Utilities	99	(228)
Overdraft Fee	29	(257)
Clothes	75	(332)
Overdraft Fee	29	(361)
Lunch	12	(373)
Overdraft Fee	29	(402)
Coffee	10	(412)
Overdraft Fee	29	(441)

Total Overdrafts: 5 Total Overdraft Fees: $145

Please note: PIN based debit transactions clear at the time of the transaction.
BillPayer withdrawals can happen at any time on the scheduled "send on" day.

For more information, please visit our Frequently Asked Questions for Courtesy Pay. As an account owner, or joint owner, you may add or remove this service from an eligible account at any time by logging into your account through Online Banking, visiting any branch, or by calling our Contact Center at 253.383.2016 or 800.562.8130.

This notice does not constitute either a written agreement of an obligation, or a pre-arranged agreement for Sound Credit Union to pay your overdrafts. Payments of any overdraft(s) will continue at the discretion of Sound Credit Union. The Courtesy Pay service may be withdrawn, reduced, or suspended at any time. Courtesy Pay fee is $29. A Courtesy Pay fee will be assessed for every item covered under your elected Courtesy Pay program. Items are paid "low to high" which means we clear small dollar amount items before large ones. You then have 30 days from your first overdraft to being your account current. All fees associated with the payment of overdraft items will be applied to the Courtesy Pay limit. At any time, you, or a joint account owner, may choose to remove the Courtesy Pay service be calling Sound Credit Union's Contact Center at 253.383.2016 or 800.562.8130, logging into your account through Online Banking at soundcu.com, or visiting any branch.

¹ Calendar year example: January 1, 2010 to December 31, 2010.