Overdraft Coverage Options

First Lincoln Federal Credit Union understands that unexpected overdrafts occur from time to time—Overdraft Coverage can help.

Overdraft Coverage Options

Service Cost
Overdraft Protection link to another deposit account you have at First Lincoln Federal Credit Union. $5 fee per transfer
Overdraft Protection Line of Credit Subject to interest
Overdraft Privilege Standard or Extended Coverage $30 Overdraft Fee per item presented*

* Per item presented means each time an item is presented, including representment.

Call us at 402-466-4040, email us at ODP@firstlincoln.org, or come by the branch to sign up or apply for these service(s); Subject to credit approval.

Overdraft Protection applies to all transactions and may help prevent overdrafts by automatically transferring funds to your checking account from another account for a fee or line of credit you have at First Lincoln Federal Credit Union with a finance charge. Please note that overdraft lines of credit are subject to credit approval.

Overdraft Privilege allows you to overdraw your account up to the disclosed limit for a fee to pay a transaction. Even if you have Overdraft Protection, Overdraft Privilege is still available as secondary coverage if the other protection source is exhausted. Please review WHAT ELSE YOU SHOULD KNOW for other important information.

Transactions Covered with Overdraft Privilege Standard Coverage
(No action required)		 Extended Coverage
(Your consent required on consumer accounts)
Checks X X
ACH - Automatic Debits X X
Recurring Debit Card Transactions X X
Online Bill Pay Items X X
Teller Window Transactions X X
ATM transactions X**
Everyday Debit Card Transactions X**

**If you choose Extended Coverage on your consumer account, ATM transactions and everyday debit card transactions will be included with the transactions listed under Standard Coverage. If you already have Overdraft Privilege Extended Coverage, it is not necessary to request it again. Business accounts automatically have Extended Coverage.

If you would like to select Extended Coverage for future transactions:

  • Call us at 402-466-4040

  • Complete the Consent Form

  • Visit our branch

  • Complete a consent form and mail it to us at 5730 R St Ste A Lincoln, NE 68505

  • Email us at ODP@firstlincoln.org

You can discontinue Overdraft Privilege in its entirety by contacting us at 402-466-4040 or sending us an email at ODP@firstlincoln.org. If you are still receiving communication via letter, please provide us with a valid email address to receive future communication via email rather than by postal service.