How does Courtesy Pay work?
If checks or pre-authorized debits are received that exceed your available funds, MCT may pay checks and fees totaling up to $500 (MCT is not required to do so.) as long as you, the member, are 18 years old or older, have been a member for more than 6 months, and your account is in good standing. Your Courtesy Pay limit is only accessed after your Overdraft protection has been exhausted. Payment of an overdraft is discretionary on the part of MCT. Members are considered to be in good standing, if NONE of the following conditions exits. – They have an account currently overdrawn in excess of 14 days. – They have a loan past due more than 31 days. – They have a loan being worked by collections department. – They have a loan in bankruptcy status. – They have a bad address on file.
