Congress has made legislative changes to overdraft protection for millions including our members.  If you currently utilize CSE's Free Checking and qualify for Overdraft Privilege, you should have received a letter in the mail recently informing you of these changes.  It is urgent that you complete your ODP enrollment form whether you consent to opt-in or opt-out of ODP coverage for ATM and Debit Card transactions.  Please print this form, complete it, and return to CSE Federal Credit Union, attn: Accounting, 2154 Swisco Road, Sulphur, LA  70665; or fax to 337.626.3393.  OPT IN NOW!  Click here for form.

Find out more about the changes by clicking here!

 

 Overdraft Privilege - ODP is an added privilege that provides eligible members with the security of knowing their overdrafts may be paid up to a total of $500, saving them the embarrassment, expense and inconvenience of having a check returned due to insufficient funds. ODP may be available after 30 days of checking account activity and activated after other protections have been exhausted. Your formal consent must be received by CSE at the time of opening your checking account in order for you to participatein ODP.  **click here to view policy Payments made on behalf of members are at the discretion of CSE FCU, and members are responsible for re-paying the credit union. This is not a contractual agreement, nor is it a loan, and the privilege may be withdrawn at any time. For more details, see CSE FCU Discretionary Overdraft Privilege Policy for eligibility requirements. The Overdraft Privilege limit is $500, including fees charged by CSE FCU. A $20 fee will be charged for every overdrawn check that is paid. Checks will be returned to payee once the overdraft privilege limit is depleted.