763-391-9494
TopLine Federal Credit Union


TopLine Overdraft Coverage Service
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What You Need to Know about Overdrafts and Overdraft Fees

An overdraft occurs when you do not have enough money in your account to cover a transaction, but we pay it anyway. We can cover your overdrafts in two different ways:

1. We have standard overdraft practices that come with your account.

2. We also offer overdraft protection plans, such as a link to a savings account or to an overdraft line of credit, which may be less expensive than our standard overdraft practices. To learn more, ask us about these plans.

This notice explains our standard overdraft practices.
  • What are the standard overdraft practices that come with my account?

    We do authorize and pay overdrafts for the following types of transactions:
    • Checks and other transactions made using your checking account number
    • Automatic bill payments

    We will not authorize and pay overdrafts for the following types of transactions unless you have chosen to opt-in to the overdraft service (see below):
    • Every-day debit card transactions (non-recurring transactions)
    We pay overdrafts at our discretion, which means we do not guarantee that we will always authorize and pay any type of transaction.

    If we do not authorize and pay an overdraft, your transaction will be declined.
  • What fees will I be charged if TopLine Federal Credit Union pays my overdraft?
    Under our standard overdraft practices:
    • We will charge a fee of $29 each time we pay an overdraft.
    • Also, if your account is overdrawn for 7 or more consecutive days, we will charge an additional $20 per week.
    • There is a limit of three overdraft fees per day for which we may charge you for overdrawing your account. There is no limit on the fees we may charge you for your account being overdrawn for consecutive 7-day periods.
  • What if I want TopLine to authorize and pay overdrafts on my every-day debit transactions?
    • If you also want us to authorize and pay overdrafts on every-day debit card transactions, please complete the secure form below, call 763-391-9494 or stop by any TopLine branch location.

TopLine Overdraft Coverage Service Opt-In Form
* Required Fields
*Last Name
*Member Number:

*Email Address:
*Re-enter EMail Address:

*I want TopLine Federal Credit Union to authorize and pay
        overdrafts on my every-day debit card transactions.

 I authorize TopLine to send me electronic disclosures.


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763-391-9494 in the Minneapolis/St. Paul Minnesota area. Outside metro area, call 800-626-1448.
© 2017 TopLine Federal Credit Union | 9353 Jefferson Highway Maple Grove, MN 55369 | Routing # 291074696
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