Extra Security for Your Account

Overdraft Protection

Standard Overdraft Protection

Overdraft Transfers

Your checking account can be linked to your other Red Canoe accounts for free overdraft protection.  If your checking account doesn’t have funds available to cover your transaction, we can automatically transfer from your savings, money market or other Red Canoe account. There is no fee to enroll or use this service.

Overdraft Line of Credit

Red Canoe also offers overdraft protection from a line of credit for those that qualify. If you do not have funds available in your savings accounts, we can use your line of credit to pay your overdrafts before Courtesy Pay is used. There is no fee to use your overdraft line of credit; however, interest will accrue at your qualifying rate from the time of the transfer until the loan is paid in full.

Courtesy Pay

Standard Courtesy Pay

All eligible Red Canoe members enjoy Standard Courtesy Pay as an added layer of protection on their accounts. This service keeps you covered up to $500.00 for paper check and ACH payments if you unintentionally spend more than you have in your account. (You must opt-in for Debit Courtesy Pay to have this coverage extended to your qualifying ATM or Debit Card transactions.) There is no monthly fee to have Courtesy Pay on your account, but you will be charged a per-item fee each time it is used.*

Debit Courtesy

Extend the protection of Courtesy Pay to your debit card purchases by opting in to our Debit Courtesy Pay. Like Standard Courtesy Pay, Debit Courtesy Pay allows for your debit transactions to be processed if you unintentionally make a purchase that exceeds the funds you have in account. Rather than having your transaction denied, Debit Courtesy Pay will process your transaction so you can avoid the embarrassment and inconvenience of having your debit card declined. There is no monthly fee to have Debit Courtesy Pay, but you will be charged a per-item fee each time it is used.*

If you’re interested in adding Debit Courtesy Pay to your account, please visit a branch or call our Member Services Center at (800) 562-5611.



*There is no limit on the amount of non-sufficient fund (NSF) fees that may be charged on any one day. A fee may be imposed for covering overdrafts created by check, in-person withdrawal, ATM withdrawal, or other electronic means. The overdrawn amount in your account plus any overdraft fee that you owe Red Canoe shall be due immediately and payable on demand. Whether your overdrafts will be paid is at Red Canoe’s discretion, and we reserve the right not to pay. For example, we typically do not pay overdrafts if your account is not in good standing, or you are not making regular deposits, or you have too many overdrafts. There is an NSF fee for each overdraft check or item we pay or return as set forth on the Rate and Fee Schedule. If you would like to opt-out of Courtesy Pay, please visit a branch or call (800) 562-5611.