Treasury Management

Courtesy Pay is offered as a safety net for eligible members. This coverage will provide at least $200 of coverage should you overdraw your checking account.

• It costs you nothing if you never use it
• Courtesy Pay limit may vary based on your checking account history, overdraft transactions and payments
• Easy to enroll—in a Branch or by phone: (888) 946-4372, Ext. 1201
• No cost to sign up
• 20 days to repay
• $29 per use
• Overdraft accounts could be charged $5 per day for each day the account is negative.

Before Courtesy Pay or an Overdraft Line of Credit is accessed, your overdraft will be taken from your savings account.

• Transfers are automatic when you overdraw your checking
• Worry-free coverage up to the amount available in your savings
• No enrollment or applications necessary
• $5.00 transfer fee
• 6 transfers or withdrawals can made per month

A great option for members who want to use their Unsecured Overdraft Line of Credit as an overdraft source.

• Competitive rates, higher credit line
• Easy access to funds
• Fast application process—by phone, online, or at a Branch

*APR =Annual Percentage Rate. Rates, terms, and fees are subject to change. 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. We do authorize and pay overdrafts for checks and other transactions made using your checking account number and automatic bill payments. We will not authorize and pay overdrafts for ATM transactions and everyday debit card transactions unless you ask us to. Contact Gesa for complete program details, fees and disclosures. Loan dependent on approval of credit. Rates, terms and fees subject to change. Contact Gesa for full program details. Courtesy Pay: Funds from your corresponding savings account will be transferred first to cover your overdraft, for a $5.00 fee. If there is not enough in your savings account to cover the overdraft, your account will be charged the standard NSF fee of $29 for handling each item even if paid by the discretionary Courtesy Pay privilege. This privilege for business checking accounts will generally provide at least $200 of overdraft balance coverage. The Courtesy Pay limit may vary based on your checking account history, overdraft transactions, payments and your use of the service. Any and all fees and charges, including the non-sufficient funds fees for paid items using Courtesy Pay as well as returned items (as set forth in Gesa’s fee schedules and disclosures), will be included as part of the Courtesy Pay limit. Whether your overdrafts will be paid is discretionary and we reserve the right not to pay. For example, we typically do not pay overdrafts if you have met your Courtesy Pay limit; are not in good standing with Gesa; have not maintained the required $5 Primary Savings account deposit; have a Gesa loan that is past due; your Courtesy Pay privileges have been revoked on another Gesa account; or if the amount needed to cover your payment exceeds your Courtesy Pay limit. The total of the discretionary Courtesy Pay (negative) balance, including all fees and charges, is due and payable upon demand, and Depositor and each Authorized Signatory will continue to be liable, jointly and severally, for all such amounts, as described in the Member Account Agreement with a maximum repayment period of 20 days or the Courtesy Pay limit may be reduced to $0. Accounts must be brought positive within 30 days or the service may be suspended or terminated. Overdraft Fee Transaction Categories – The categories of transactions for which an overdraft fee may be imposed are those by any of the following means: check, in-person withdrawal, ATM withdrawal, or other electronic means.