Courtesy Pay
We've Got You Covered
Courtesy Pay is a service that adds protection to your personal checking account in the event your account is overdrawn and funds are not available in Savings for the overdraft transfer service. Courtesy Pay will cover checks and ACH transactions that may take eligible checking accounts negative.
Eligibility is based on:
- Primary Account owner age 21 or over
- Account opened more than 90 days
- Account in good standing
- Direct deposit
The Courtesy Pay limit will be determined by the aggregate direct deposit total for the previous two calendar months, not to exceed $1500. Maximum of 20 Courtesy Pay overdraft advances calendar month. There is no charge to sign up for Courtesy Pay and members who meet the eligibility requirements will automatically be enrolled. A NSF Courtesy Pay fee will apply for each item paid through Courtesy Pay. Please refer to the Fee Schedule for details.
Launch CU’s Courtesy Pay plan is non-contractual and discretionary. It is not a Launch CU obligation, and Launch CU may refuse to provide this service on any Personal Checking Account at any time and from time-to-time. The member does not have a contractual right to overdraft courtesy, nor is it guaranteed by the Courtesy Pay plan. Launch CU has no obligation to send a notice before it pays or returns an item. Please refer to the Privacy Policy & Disclosures Page for Courtesy Pay Disclosures.