Overdraft Privilege 

Life happens!

Government Printing Office FCU understands that unexpected checking account overdrafts occur from time to time. To help protect you from merchant fees and the embarrassment of having a check returned or a debit card purchase overdraw your account‚ we offer these Overdraft Coverage Options1:

1. Overdraft Protection — Applies to all Checking Account transactions and may help prevent overdrafts by automatically transferring funds from your Regular Share Savings account to your Checking Account. No fee to transfer funds from Savings to Checking. Up to 6 account transfers allowed per month.
2. Overdraft Protection Line of Credit — This is a loan‚ subject to credit approval. Funds up to your predetermined credit line may be used as overdraft protection on your Checking Account. Must apply for this Line of Credit; subject to fees and interest.
3. Overdraft Privilege/Courtesy Pay — Allows you to overdraw your account up to a disclosed limit for a fee in order to pay a transaction‚ if you:
  • do not have funds in another account to cover the overdraft‚
  • choose not to have Overdraft Protection from another account‚
  • do not have an Overdraft Protection Line of Credit.
$32.00 fee per occurrence to cover account overdraft; overdrafted accounts must be brought to a positive balance within 30 days

*NOTE: You must OPT-IN (give your consent) for Overdraft Privilege/Courtesy Pay coverage to include your ATM withdrawals and everyday Debit Card (electronic) transactions. Click the button for an OPT-IN form.

¹Call us at (202) 512-1067‚ email us at info@gpofcu.org‚ or come by a branch to sign up or apply for these services.