New Regulations
May Affect Your Debit Card

New federal regulations taking effect for new accounts on July 1, 2010, and
August 15, 2010, for existing accounts will change the way PFCU is allowed
to process debit card transactions. After those dates, the Credit Union will be
prohibited from charging overdraft fees for certain debit card transactions unless
the member has specifically opted in for this service.
Members will receive a notice describing the Credit Union’s overdraft services
along with information on how to opt in for the service. Please watch your
mailbox so you won’t miss your opportunity to opt in. Members who do not opt
in for overdraft services may have debit card privileges revoked if the account
becomes overdrawn. We encourage you to opt into overdraft coverage to ensure
that you have no disruption in services.