An overdraft occurs when you do not have enough money in your account to cover a transaction, but we pay it anyway. We can cover your overdrafts in two different ways:
We do authorize and pay overdrafts for the following types of transactions:
We will not authorize and pay overdrafts for the following types of transactions unless you ask us to:
We pay overdrafts at our discretion, which means we do not guarantee that we will always authorize and pay any type of transaction.
If we do not authorize and pay an overdraft, your transaction will be declined.
Under our Safety Net overdraft practices:
If you want us to authorize and pay overdrafts on ATM and everyday debit card transactions, just opt-in for Safety Net Overdraft Protection on your ATM and everyday debit card transactions.
If no action is taken, we must assume that you do not want safety net overdraft protection to cover your ATM and everyday debit card transactions.
You may opt out of Safety Net by:
Jersey Shore Federal Credit UnionAttention: Overdraft Protection Department1434 New RoadNorthfield, NJ 08225
If you'd like to link your checking account to another account such as a savings account or an Overdraft Line of Credit as a back up source of funding, just let us know! You will have the opportunity to indicate which account you would like to use when you open your checking account.
You may also sign up for an Overdraft Protection Plan by visiting any branch location or by calling 609-646-3339 or 1-888-322-2848 toll-free. and select option 2.
Member Service Representatives are available to take your request by phone during business, evening and weekend hours. Check our Call Center Hours for availability.