PHONE: (330) 745-8897     TOLL FREE: (888) 745-8897

ODP OVERDRAFT PRIVILEGE

Online Banking Login
A Safety Net for Your Checking Account
Overdraft Privilege (ODP) shields you from the cost and embarrassment of a checking account overdraft, which occurs when a transaction posts to your account but the funds in the account won’t cover the total amount of the transaction. Whether the overdraft occurred from a small budget oversight or a bigger financial emergency, ODP reduces your out-of-pocket expenses that result from an overdraft and adds a level of protection to your Checking Account by ensuring that the overdraft is paid. Here are a few basics about ODP:
  • Under this service, New Horizon FCU will pay ACH transactions (automated, preauthorized transactions such as bill pay) and checks/drafts that present as non-sufficient funds, up to a maximum of $500.
  • You may also authorize New Horizon FCU to include ATM and one-time debit card transactions in this service by contacting us at 330-745-8897 to learn how to include these specific transaction types.
  • This service is a standard account feature that is automatically added to your account after 60 days in good standing.
  • ODP is free unless used, when a transaction fee will be assessed. A transaction fee will be assessed each time this service is used. Click here to see a list of current fees.
  • If you have a Share Savings Account, ODP occurs after funds in your Share Savings Account have been exhausted through our standard Overdraft Transfer service.
  • You will be notified when ODP has been used.
  • ODP will be suspended if (a) a Checking Account is negative for 30 days, and/or (b) loans are more than 60 days delinquent.
  • ODP will be revoked if items (a) and (b) above occur 3 times or more in 6-month period. Additionally, ODP can be revoked at any time for any reason at our discretion.Once the maximum amount is reached, overdrafts will be returned as non-sufficient funds (NSF).
  • Members who opt-out of this service are required to pay any and all fees associated with non-sufficient funds (NSF) in their checking accounts.

For additional information about ODP, call us at 330-745-8897.

180 Second St. SW, Barberton, OH 44203
Phone: (330) 745-8897 | Toll Free (888) 745-8897
Fax: (330) 745-8055 | Touch Tone Teller: (888) 229-0246
Lobby Hours: M-F: 9AM-5PM
Drive-Thru: M-W: 9AM-5PM
T: 7:30AM-5PM F: 9AM-6PM
S: 9AM-12PM
Our Credit Union is committed to providing a website that is accessible to the widest possible audience in accordance with ADA guidelines. We are working to increase the accessibility and usability of our website for all people. If you are using a screen reader or other auxiliary aid and are having problems using this website, please contact us at 330-745-8897 for assistance. Products and services available on this website are available at our office located at 180 2nd St. SW, Barberton, Ohio 44203.
NCUA     Equal Housing Lender