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Overdraft Privilege

Overdraft Privilege from Servicecorp and John M. Floyd & Associates is a win-win program for credit unions and their members! Overdraft Privilege is a structured way for your credit union to allow members to overdraw their transaction accounts subject to pre-established limits. It benefits your members by sparing them late charges and fees that could be assessed by creditors, the possibility of multiple NSF charges, and the embarrassment of dealing with a bounced check at local retailers. Members would only be charged one NSF fee at your credit union.

By partnering with Servicecorp & John M. Floyd & Associates Overdraft PrivilegeSM, you will experience the following, and more:

  • Turnkey installation
  • Onsite training
  • Software upgrades and complete program follow-up for as long as your credit union desires
  • Collection and management software
  • 100% compliance guarantee
  • 100% core processor compatibility that automates overdraft privilege management
  • Complete analysis and recommendations
  • Guaranteed increase in fee income

You have nothing to lose and everything to gain! To learn more about this valuable product contact Diana Arnold at Servicecorp (800) 285-5300, ext. 5359 or go to http://www.overdraftprivilege.org.

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