An overdraft occurs when you do not have enough money in your account to cover a transaction but we, Hickam Federal Credit Union, pay it anyway. We can cover your overdrafts in two different ways:
We authorize and pay overdrafts for the following types of transactions:
We will not authorize and pay overdrafts for the following types of transactions without your consent:
We pay overdrafts at our discretion, which means we do not guarantee that we will always authorize and pay any type of transaction. If we do not authorize and pay an overdraft, your transaction will be declined.
Under our standard overdraft practices:
If you would like us to authorize and pay overdrafts on ATM and everyday debit card transactions:
You may revoke this opt-in option at any time by notifying us through any of the channels listed above. If you have any questions regarding this opt-in form or service, please call or email us.
*Fee subject to change.