SECU Adds Overdraft Fee Free Days
State Employees' Credit Union of Raleigh, N.C., has added Overdraft Fee Free Days to its traditional checking account product. Every SECU checking account enrolled in the overdraft protection program will now automatically have overdraft transfer fees waived for two days each calendar year. Overdraft funds will be transferred from the protecting account as needed to cover items in a member's checking account, but members will not be charged any overdraft transfer fees for those two days.
The addition of Overdraft Fee Free Days follows numerous account enhancements to assist members who simply make an occasional calculation mistake. One such complementary program launched at the beginning of 2010 is NSF Fee Free Days, which allows members to have $12 nonsufficient funds fees waived on two days during the year, regardless of the number of items marked as NSF on either of the two days.