Gulf Power Company Employees CU
GPCE Credit Union Overdraft Protection

Overdraft Protection

We've got you covered.

An overdraft occurs when you do not have enough money in your checking account to cover a transaction. Traditional Overdraft Protection and Courtesy Pay has you covered.


What is traditional overdraft protection?

Traditional overdraft protection is when a checking account is linked to a savings account or line of credit. Available funds may be transferred from these accounts into your checking account to pay overdraft items.


What is Courtesy Pay?

Courtesy Pay is when the credit union covers an overdraft item versus declining it or returning it to the payee. This saves the embarrassment of having a transaction declined when attempting to pay or additional fees being charged by the merchant for having an item returned. 


Is there a fee for Courtesy Pay?

Yes, we will charge you a fee of $32.00 for each overdraft item we pay.


What if I want to authorize the Credit Union to pay ATM and one-time debit card transactions? 

Contact us to authorize these changes


Have questions? Contact us or visit any of our convenient office locations.