Overdraft Line of Credit
With Overdraft Line of Credit, if a transaction is presented for payment and there are not adequate funds in your checking account, we will transfer the amount necessary to cover the transaction up to your available credit limit.
Overdraft Line of Credit Features
- Overdraft Line of Credit is an unsecured revolving line of credit
- No Monthly Service fees
- Advances are made for the exact amount of the overdraft
- Minimum monthly payment is $15
- Monthly payments are recalculated after each advance and are based on the greater of 3% of the outstanding loan balance or $15, whichever is greater
- Fast & easy pre-approvals
- AutoPay convenience
- 24-Hour account access
- Contact us for more details and/or questions.
| Personal Loans and Lines of Credit | Annual Percentage Rate |
|---|---|
| Fixed Rate (Up to 60 months) | 10.00% |
| Variable Rate Open-end Line of Credit2 | 12.50% |
| Overdraft Line of Credit | 17.50% |
AutoPay
Available AutoPay options:
- Pay the minimum payment due
- Pay an amount you choose (above the minimum payment amount)
There are three AutoPay methods to choose from:
- Online Banking scheduled transfer – setup and managed by you:
- Transfers occur before 9:00 AM on the date scheduled.
- Internal Transfer set up by Pittsford FCU – Contact [email protected] to add, edit or delete
- If the funds are not available at the time of transfer our system will attempt to transfer daily until the transfer is complete.
- A Direct Debit from an external savings or checking account – Contact [email protected] for a Direct Debit form