Positive Changes to Our Courtesy Pay Program

Changes to Keep More Money in Your Pocket

We all know life can be hard sometimes and a little assistance is needed to make it from pay to pay. Or you inadvertently lose track of things and perform a transaction that overdraws your account. At 7 17, we are ready to provide assistance to cover your overdrafts. However, the cost to cover the overdraft shouldn’t be another financial burden.

That’s why, beginning April 1, 2025, 7 17 Credit Union is making some positive changes to our Courtesy Pay overdraft program. We are reducing the fee for Courtesy Pay and Courtesy Plus from $30 to $19.95 per overdraft. In addition, we are no longer charging a fee for any transaction $5 or less that causes your account to become negative. This will allow you to keep more money in your pocket, while still paying the transaction on your account.

At 7 17, our mission is to help people improve their lives financially. This is just one small step towards that mission.

Courtesy Pay is an overdraft service automatically extended to members to cover shortfalls on written checks, electronic transfers from a checking account and recurring debit card transactions. Members may also opt-in to Courtesy Pay Plus to cover ATM and everyday debit card transactions. With Courtesy Pay, a transaction will be honored even if it brings a checking account to a negative balance not to exceed the assigned Courtesy Pay limit. This avoids a non-sufficient funds fee, and, in applicable situations, a returned check fee from the merchant.

You can opt out of Courtesy Pay or Courtesy Plus at any time by visiting our website, stopping by any branch, speaking with a Teleservice Representative at 1-800-775-7741, or by mailing a request to 7 17 Credit Union, Attn: Compliance/CPP, 3181 Larchmont Ave., NE, Warren, OH 44483.

As a first line of protection against overdrafts to your checking account, we recommend that you choose one or more Overdraft Protection accounts. By choosing an eligible savings account or a 7 17 Visa® Credit Card as an Overdraft Protection source, if you write a check that lacks sufficient funding, these sources kick in to cover the difference with no fee.

For more information about Courtesy Pay, Courtesy Pay Plus, or Overdraft Protection, visit our website at 717cu.com/CPP.