Skip to Content

Overdraft Coverage

Overdraft Coverage

When overdraft happens, we’ve got you covered. Take advantage of our overdraft options and choose what works best for you. We offer Overdraft Protection, Standard Overdraft Privilege, Extended Overdraft Privilege. These services may sound similar but they help take care of your account in very different ways.


Overdraft Protection

Overdraft Protection is included when you open your checking account. It covers all transactions that overdraw your checking account by automatically transferring funds from a linked account you have with Texas Trust, including a savings account, credit card, line of credit, or even another checking account. Through Online Banking, you can link multiple accounts and customize the order in which you want to use them to cover your overdrafts. [Learn More]

  • Checking and Savings Accounts transfer the exact amounts needed to cover the overdraft
  • Lines of Credit and Credit Cards transfer in increments of $100
  • If a linked account has insufficient funds to cover the overdraft amount, funds will not be transferred and Overdraft Protection will not apply. But fret not, because Standard Overdraft Privilege will!
  • Each overdraft transfer incurs a $5 fee.

    If you do not have sufficient funds in your linked account(s), Overdraft Protection will not apply.

    Standard Overdraft Privilege will cover purchases made using your checking account and routing numbers, such as Bill Pay payments, checks, and ACH transactions. If you would like to have everyday debit card purchases and ATM withdrawals covered as well, you can simply opt-in to Extended Overdraft Privilege at no cost.

    Overdraft Protection is not a line of credit. We provide Overdraft Protection to eligible members at our discretion and can rescind it at any time without prior notice.


    Standard Overdraft Privilege

    Overdraft Protection is included when you open your checking account. It covers all transactions that overdraw your checking account by automatically transferring funds from a linked account you have with Texas Trust, including a savings account, credit card, line of credit, or even another checking account. Through Online Banking, you can link multiple accounts and customize the order in which you want to use them to cover your overdrafts. [Learn More]

    Each overdraft occurrence incurs a $30 fee.

    For the first 30 days of opening a checking account, your limit is $100. After 30 days, standard overdraft limits are $500, however if your checking account has a monthly direct deposit of $500 or more, your limit is $1,000. Keep in mind the limit covers the fee and the transaction.

    You can opt to have your everyday debit card purchases and ATM withdrawals covered with Extended Overdraft Privilege. Simply log in to your Online Banking or visit your local branch.

    Yes. You can revoke Extended Overdraft Privilege by using the same method you used to opt in: visit a branch or log in to Online Banking. You can also give us a call at (972) 263-5171.


    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. Standard Overdraft Privilege is not available for International or Student Checking accounts.


    Extended Overdraft Privilege

    To extend your overdraft coverage to everyday debit card purchases and ATM withdrawals in addition to the transactions covered by Standard Overdraft Privilege, all you have to do is opt in to Extended Overdraft Privilege. [Learn More]

    You can change your overdraft coverage immediately through the Additional Services tab in [Online Banking] or by visiting your local branch. If you ever change your mind, you can opt out at any time.

    There is not a cost to opt in or out of overdraft. Each overdraft occurrence incurs a $30 fee.

    For the first 30 days of opening a checking account, your limit is $100. After 30 days, standard overdraft limits are $500, however if your checking account has a monthly direct deposit of $500 or more, your limit is $1,000. Keep in mind the limit covers the fee and the transaction.

    Yes, you do have to pay any fees incurred before revoking.


  • Opt In Now

  • Or you can log into Online Banking to Opt In for Overdraft Protection.


    Extended Overdraft Privilege is not a line of credit. We provide Overdraft Privilege to eligible members at our discretion and can rescind it at any time without prior notice. Extended Overdraft Privilege is not available for International or Student Checking accounts.


    Student-Minded Overdraft Privilege

    Student-Minded Checking accounts are more lenient when it comes to overdraft. To encourage safe spending habits, Standard Overdraft Privilege and Extended Overdraft Privilege are not available to minors. Student Checking accountholders 18 & over are provided Student-Minded Overdraft. The overdraft fees for insufficient funds are lower to accommodate young accountholders. [Learn More]

    Overdraft occurrences for purchases under $100 incur a $10 fee. Purchases above $100 a $20 fee. Occurrences above the overdraft limit result in a $30 fee.

    The overdraft limit for Student Checking accounts is $100

    Yes, if you are 18 or older. You must opt in for this coverage by visiting a branch or logging in to Online Banking and navigating to the Additional Services tab.


    Our Overdraft Practices

    When it comes to your money, transparency is just as important to us as it is to you. The information below will show you how we take care of things when overdraft happens. [Learn More]

    While exceptions can and do occur, we generally post items in the following order:

  • 1. ATM and debit card transactions post throughout the day, as they are received. This may not be in the same order as they are made.
  • 2. ACH (Automated Clearing House) items post in the morning, in the order they are presented.
  • 3. Checks post late afternoon in the order in which they are presented.
  • After your checking account has been open for 30 days your standard overdraft limit is $500, but we value member loyalty. If your account received a direct deposit of $500 or more within the last 30 days, your limit increases to $1000. Keep in mind the limit covers the fee and the transaction.

  • Example: with a $500 limit, we will only cover a purchase up to $470 + the $30 fee.
  • When you deposit a check, some or all of the funds may be placed on hold until the check clears from the financial institution on which it was written. This means that even though you’ve just deposited funds into your checking account, those funds might not be available yet. Take care, and don’t prematurely factor them in to your balance.

    If you have more questions, you can find more information about our overdraft practices here.

    Overdraft limits are provided to eligible members at the discretion of the credit union and can be lowered or rescinded at any time without prior notice.

    What's Covered

    Transaction Type Overdraft Protection Standard Overdraft Privilege Extended Overdraft Privilege Student-Minded Overdraft
    Checks
    ACH - Automatic Debits
    Recurring Debit Card Payments
    Online Bill Pay Items
    Teller Window Transactions
    ATM Transactions
    Everyday Debit Card Transactions

    Optimize Your Overdraft Privilege

    There are ways to save money even while overdrafting. [Learn More] about your options.

    When making a purchase, use your debit card and select the cash back feature. Your merchant may limit the amount of cash they will give you, but if you’re opted in for Extended Overdraft Privilege, the only limit we impose is your overdraft limit. Don’t forget to factor in the fee.

    You can withdraw cash at a teller station up to the amount of your overdraft limit – minus the service fee.

  • Example: If your account balance is $0 and your limit is $1,000, you can go to a branch and withdraw up to $970 in cash. The $30 fee will be applied, maxing out your overdraft limit.
  • Explained further: $0 (balance) - $970 (withdrawal) - $30 (fee) = -$1000.
  • Note: You have 30 days to bring your account back into positive status.

  • Tools to Track Your Account

    We offer several ways to keep an eye on your account:

    • Text Alerts & eAlerts – receive text alerts keep you up-to-date on your account balance
    • Online Banking Mobile App – log in to check your account status and transactions
    • VIPS – call our automated telephone banking system to get a real-time status of your account.
    • 24/7/365 Online Banking – use the many tools available within Online Banking to manage your account

    Frequently Asked Questions

    When you open your checking account, you will receive Overdraft Protection and Standard Overdraft Privilege. If you would like to cover more transactions, simply opt-in to Extended Overdraft Privilege through your Online Banking or by visiting your local branch.

    Standard Overdraft privilege will cover purchases made using your checking account and routing numbers, such as Bill Pay payments, checks, and ACH transactions up to your overdraft limit. If you would also like to cover everyday debit card purchases and ATM withdrawals, you can opt-in to Extended Overdraft Privilege.

  • Standard Overdraft Privilege and Extended Overdraft Privilege charge a $30 per overdraft occurrence.
  • Overdraft Protection charges a $5 fee per overdraft occurrence.
  • Student-Minded Overdraft charges a $10 fee for overdraft occurrences under $100, a $20 fee for occurrences over $100, and a $30 fee if the overdraft limit is exceeded.


  • Serving Dallas, Denton, Ellis, Henderson, Johnson, Tarrant, and Tom Green Counties with branches in Arlington, Athens, Bedford, Cedar Hill, DeSoto, Flower Mound, Grand Prairie, Hurst, Irving, Mansfield, Midlothian, and San Angelo

    Back to top