Account Protection

Overdraft Protection

Life happens! University Credit Union understands that unexpected overdrafts occur from time to time – Overdraft Coverage can help.

Overdraft Coverage Options

The choice is yours. Consider these ways to cover overdrafts:

Overdraft Protection Link to Another Deposit Account
you have at University Credit Union1
$5 fee per transfer
Overdraft Protection Line of Credit1, 2Subject to interest
Overdraft Privilege$28 ODP Fee per item
1 Call us at (800) 696-8628, email us at, or come by a branch to sign up or apply for these services; 2 subject to credit approval.

Share Transfer

Overdraft Protection linked to the savings account you have with UCU. For a $5 fee per transfer, UCU will automatically transfer funds to your checking account from your savings account.


The Linebacker Overdraft Protection is a line of credit that helps stop those occasional charges that cause your checking account to overdraw. Cover your checks from insufficient funds and protect yourself from check writing errors. Loan advances are made in $100 increments and credit limits are available up to $5,000.

The Linebacker Overdraft Protection line of credit is always available to you if you need it. You can have peace of mind that you’ll be protected in case of a mistake. It gives you the power to buy now and pay later.

Overdraft Privilege

Overdraft Privilege allows you to overdraw your account up to the disclosed limit for a fee in order to pay a transaction. Even if you have overdraft protection, Overdraft Privilege is still available as secondary coverage if the other protection source is exhausted.

  • We will charge you a fee of up to $28 each time we pay an overdraft
  • There is a daily limit of four fees we can charge you for overdrawing your account
  • Fees will not be assessed on transactions that are $7.00 or less

Transactions Covered with Overdraft Privilege
Standard Coverage
(No action required)
Extended Coverage
(Your consent required) *
ACH - Automatic Debits
Recurring Debit Card Payments
Online Bill Pay Items
Internet Banking Transfers
Telephone Banking
Teller Window Transactions
ATM Transactions
Everyday Debit Card Transactions
*If you choose Extended Coverage, ATM withdrawals and everyday debit card transactions will be included with the transactions listed under Standard Coverage.

University Credit Union offers several ways to opt-in for Overdraft Privilege Extended Coverage.

  1. Enroll here.
  2. Call UCU at 800.696.8628.
  3. Text UCU at 207.889.8600.
  4. Send UCU an email indicating that you would like to opt-in to overdraft protection, with your name and address. Please, DO NOT include your account number in the email.
  5. Contact a UCU representative through Live Chat.

You can discontinue the Overdraft Privilege in its entirety by contacting us at 800.696.8628 or sending us an e-mail at

Accounts will be charged the standard ODP fee of $28 for handling each overdraft created by check, ACH, Point-of-Sale, ATM withdrawal, in-person withdrawal, or other electronic item that is paid and a $28 Overdrawn fee for items returned.  An overdrawn balance must be brought positive within 30 days.  We may not pay items under your Overdraft Privilege if you do not maintain your account in good standing by bringing your account to a positive balance within every thirty (30) day period for a minimum of one business day, if you default on any loan or other obligation to University Credit Union or if your account is subject to any legal or administrative order or levy.

Share Insurance

Protecting your funds is our top priority, that's why all UCU deposit accounts are insured up to $500,000 ($250,000 insurance through NCUA and $250,000 insurance through Excess Share Insurance).

Click here for more information on NCUA's Share Insurance.
Click here for more information on Excess Share Insurance.

Individual AccountsJoint AccountsBusiness AccountsRetirement Accounts
National Credit Union Associationup to $250,000up to $250,000/Joint Ownerup to $250,000up to $250,000
Excess Share Insuranceup to $250,000up to $250,000/Joint Ownerup to $250,000up to $250,000
Total Insured Fundsup to $500,000up to $500,000/Joint Ownerup to $500,000up to $500,000

*Individual share accounts held by the same member are added together and are insured up to $500,000. Funds in joint accounts are insured separately from individual accounts up to $500,000. The funds that a particular joint owner has in all joint accounts held at UCU will be added together and insured up to $1,000,000. Traditional IRA, Roth IRA, and Keogh accounts are insured separately to $500,000 from other accounts that the member maintains at UCU.

Preventing Overdraft Fees

At UCU, we want to help you avoid any unnecessary fees. Click here to learn more about preventing overdraft fees.