Posts Tagged ‘state employees credit union’

NC State Employees Credit Union Helps Account Holders

NC State Employees Credit Union Helps Account Holders:NCSECU announced that they now offer their customers “Another Chance“. This bonus, which helps protect customers from SECU bounced checks from them, as well as overdraft fees.

What NCSECU does is they give you a separate account that holds some extra money in it. When you make a withdrawal, or write a check more money than you have in public employees credit union account, the second account is used to make a difference. If there is enough in this account to cover the excess amount, as customers are not charged an overdraft.

This banking services has been proposed NCSECU for over 20 years, but recent updates using technology to expand let overdraft programs.

This is where ‘Another Chance’ comes into play. Now checking account holders will receive a text message when there are not enough funds in their account to cover the purchase or payment. Account holder than to the end of the day to deposit money into your account to cover the difference.

Sue Douglas, SVP SECU Operations, said: “He was never in the center of SECU members benefit from mistakes, and we are confident that our efforts over the past two years as a result of an overall plan that will minimize the returned items and any potential fees for its members. Another Chance is an excellent complement to the SECU continuing efforts on financial literacy in practice, and keep the money where it belongs – in the pockets of its members!