Overdraft Protection

Windsor Family prides itself on developing products that are designed with the needs of our members in mind. That's why we've developed our CU Overdraft Protection.

There may be times when you write a cheque or use your MasterCard® Global Payment Card without realizing that there's not enough money in your account to cover the purchase. It is for those unexpected situations that Windsor Family provides CU Overdraft Protection. Once you're approved for your CU Overdraft Protection, you can be sure that your transaction will be covered up to your authorized overdraft limit. This will avoid the cost and inconvenience of having your transaction returned or denied because of insufficient funds. As well, it will save you having to remember to transfer the funds from your savings accounts to cover your transaction. You can arrange for a CU Overdraft Protection limit up to $5,000.

Coverage for ATM transactions.

If you use the Automated Teller Machine, make an INTERAC® Direct Payment transaction or have an automatic withdrawal set up, Windsor Family automatically covers these transactions. Up to your CU Overdraft Protection limit.

There's no cost, until you use it.

CU Overdraft Protection is attached to The Personal 1 Free Chequing Account and doesn't cost you anything … until you use it. If you do use it, you pay a monthly fee and overdraft interest on the outstanding balance only for the days that you use it. When your account is overdrawn, all deposits to The Personal 1 Free Chequing Account are automatically credited to any outstanding overdraft balance.

Easy record keeping.

Your CU Overdraft Protection transactions will be included as part of your monthly statement with all of your other services or products at Windsor Family. This means that all CU Overdraft Protection transactions will be
summarized for easy record keeping.

Protect yourself today!

CU Overdraft Protection is convenient, smart and free. It offers you the best of protection and flexibility in maintaining The Personal 1 Free Chequing Account when there is a temporary shortage of funds.

For more information, visit one of our retail locations or contact our representatives at 519-974-3100, during regular business hours.