Read, "The Little Banks That Can," from the July/August issue of AARP's Magazine.
Changes To Overdrafts and Overdraft Fees
Des Moines Police Officers’ Credit Union understands that sometimes you may not have enough money in your account to cover certain transactions. This may occur when you have mistaken how much money is in your account or when you are faced with unforeseen expenses. That is why Des Moines Police Officers’ Credit Union offers overdraft services to cover overdrafts for checks written on your account, recurring debit transactions, everyday debit card and ATM transactions, and ACH withdrawals.
Because of changes in federal regulations, effective August 15, 2010, Des Moines Police Officers’ Credit Union may not authorize and pay overdrafts for your everyday debit card and ATM transactions unless you ask us to.
If you would like Des Moines Police Officers’ Credit Union to continue authorizing and paying overdrafts for everyday debit card and ATM transaction, you must opt in to this service.
By opting in, Des Moines Police Officers’ Credit Union will continue to authorize and pay overdrafts on everyday debit card and ATM transactions. This will help you avoid being caught in the unfortunate or embarrassing situation of having your ATM and everyday debit card transaction declined because of insufficient funds.
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