Beginning in June 2010, you will no longer see your open end line of credit information on your monthly statement. However, you will continue to receive a monthly billing periodic statement for your open end line of credit.
In accordance with the requirements of the Unlawful Internet Gambling Enforcement Act of 2006 and Regulation GG, this notification is to inform you that restricted transactions are prohibited from being processed through your account or relationship with our institution. Restricted transactions are transactions in which a person accepts credit, funds, instruments or other proceeds from another person in connection with unlawful Internet gambling.
Protect Your Everyday Debit Card Transactions by Opting in Today!
With a recent change in law members must now “opt in” for overdraft coverage. It used to be that we were allowed to pay your purchases and allow overdraft coverage to kick in. However, after August 15, 2010 we cannot pay your everyday debit card transactions unless you tell us you want overdraft coverage for these transactions.
You can take advantage of First Castle’s Courtesy Pay. Courtesy Pay is a courtesy that share draft (checking) account members can benefit from. With Courtesy Pay we may cover insufficient fund checks, electronic funds transfers, or other payment and/or withdrawal requests up to your approved limit. Courtesy Pay may save you the embarrassment and expense of a returned check when you make an honest mistake in your checkbook, have unplanned expenses, or run short on cash between paydays. Instead of returning checks unpaid, we may automatically pay them for you, up to $300.00. Please remember you must now “opt in” for this and other overdraft products to benefit from the service.
We also have several line of credit options available. Please contact us for more information.
I want it! How do I sign up for this service?
Opting in is EASY! You can:
- Print and mail in the opt-in form
- Visit a First Castle FCU branch
- Contact us by phone at (985) 867-8867 or (504) 862-2561