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Overdraft Transfer Service

When your checking account does not have sufficient funds to clear an item that is presented, our Overdraft Transfer Service allows money to be pulled where funds are available to clear that item from your Princeton Federal Credit Union:

  • Savings Account
  • Money Market
  • Personal Line of Credit

Managing Your Options

You may add or remove this service option at any time. There is a $4 transfer fee for each occurrence. If you did not choose an option when you opened your account, we will automatically set up this service to occur from your savings account unless you elect to transfer from a money market account or personal line of credit.

Sign up for Overdraft Transfer Service Today!

If you would like to set up this overdraft transfer service from a money market account or personal line of credit, print and complete the Overdraft Transfer Service Form. Fax the form to 609.919.0870 Attn: Member Services Department.


Federal regulations limit automatic or online transfers to six (6) per savings account per month.*  However, there is no limit to the number of times your personal line of credit can be accessed by overdraft, provided there are available funds within the line of credit. If the total funds needed to clear the check are not available through an overdraft option, no money is transferred. The item is considered to have non-sufficient funds. The $5 minimum balance requirement on the savings account and any pledged shares will not be transferred.

The line of credit will accrue interest immediately if this option is used.

If you have additional questions speak to a member services representative today by dialing 609.945.6200.

*NOTE: As of April 24th, 2020 this limit is suspended and members may make unlimited withdrawals and transfers.

Phone #: 609.945.6200  |  Routing #: 231278229  |  Connect with Us: Facebook

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