Due to concerns over COVID-19, there will be NO lobby access to our main office & satellite branch until further notice. Please utilize Shared Branching at the Piedmont Advantage Credit Union located on Boyer Street in Charlotte. Please use the Drive-Thru to access your accounts. Thank you for your understanding. Click here for more information.
A checking account is a contractual relationship between you and your credit union, with each party having specific responsibilities.
If you write a check for more than is in your account, the check will be rejected when it comes in for payment. The check will be sent back to the person who deposited it and you will be charged an NSF (Non-Sufficient Funds) feeOpens in New Window for "bouncing" it. The merchant you wrote the check to will also charge a returned check fee. Do not write a check before you make a deposit, counting on the "float" time doesn't work. With the electronic nature of banking, a check can clear the credit union almost immediately. It is also important to remember any pre-authorized electronic drafts scheduled to hit your account.
BFCU offers Overdraft ProtectionOpens in New Window through your savings account or Overdraft Line of Credit. If you write a check for more than is in your account and you have funds available in the designated overdraft protection account, a transfer will be made to cover the item. A feeOpens in New Window will be assessed.
Online BankingOpens in New Window as well as Mobile BankingOpens in New Window access is available to members free of charge. You may also use the CardValetOpens in New Window app to monitor your card activity. These are excellent tools to incorporate into your account management routine. It is important that you keep track of your deposits (credits) or checks you write, debit card charges, ATM withdrawals and fees (debits) in a check register. Record the following in your check register:
Each month BFCU will send you a statement detailing the activity in your account, This includes all the checks you wrote, ATM withdrawals, deposits, debit card charges, fees and any other activity on your account during the month. It is important that you carefully review this statement to make sure it agrees with your records. For your convenience, BFCU eStatementsOpens in New Window are available.