Join Valley Credit Union

Peace of mind!

That's what Valley Privilege is all about. We know there are times when you may not have sufficient funds in your checking account. We recognize that a bounced check can be expensive and embarrassing. That's why we've added Valley Privilege Overdraft Protection Service as one more benefit to your checking account, to give you peace of mind. This privilege is not an encouragement to overdraw your account.

What is Valley Privilege?

This is a special overdraft protection service and benefit that we offer on our checking accounts. Valley Privilege may automatically cover an occasional and temporary overdraft that may happen. For personal accounts, overdrafts and fees up to a total of $500 may be covered. For business accounts, overdrafts and fees up to a total of $1,000 may be covered.

How does Valley Privilege cover you?

Should you ever make a transaction exceeding the available balance in your checking account, Valley will cover that overdraft up to your Valley Privilege coverage amount, as long as your account is in good standing. Our standard NSF fee will be charged. Good standing means that when you use your Valley Privilege service, you bring your account to a positive balance within 20 days after the first day overdrawn and you do not have any past due loans.

Eligible Checking Accounts For Valley Privilege

  • Accounts that have been open with a deposit for at least 30 days with no outstanding overdrafts
  • There are no legal orders outstanding
  • When using Valley Privilege, the account is brought back to a positive balance within 20 days after the first day the account is overdrawn
  • Student Checking Accounts do not qualify for Valley Privilege

Valley Privilege Availability

  • Overdraft peace of mind comes with any of these transactions:
    • Checks and cash withdrawals at our teller window
    • Electronic (ACH) debit transactions
    • Pre-authorized or automatic debits
    • Checks issues to a third party
    • Bill payer transactions

Is there a cost for Valley Privilege?

There is no additional cost associated with Valley Privilege. Our non-sufficient funds (NSF) fee per overdraft item will be assessed against your account and applied to your Valley Privilege coverage amount.

Click here to learn how to avoid or minimize overdraft fees!

Repaying overdrafts covered by Valley Privilege

You should bring your account to a positive balance as soon as possible, but not later than 30 days after your account first becomes overdrawn. If you haven't been able to bring your account into a positive balance after 20 days, your account will be suspended from this privilege. If you haven't brought your account to a positive balance within 30 days, your account may be closed and we will work with you to bring your account to a positive balance.

Overdrafts exceeding your Valley Privilege Coverage

When an overdraft exceeds your predetermined overdraft coverage it may result in returning items such as checks and electronic debits (ACH) to the original payee. An NSF fee will be assessed against your account. 

Multiple Checking Accounts

If you have multiple accounts, each of your eligible checking accounts can have a Valley Privilege coverage amount assigned to them. Valley Privilege overdraft protection can be used after you have first exhausted the available limits in your Valley line of credit, savings or money market accounts.

It's Your Choice

Having Valley Privilege is ultimately your decision. You may have the benefit removed from your account simply by completing our overdraft service waiver. Please contact an account representative at one of our branches. If later on you want to add Valley Privilege to your account, just let us know. As long as your account is in good standing and eligible, the Valley Privilege benefit will be reinstated.

Limitations & Discontinuation

Valley reserves the right to limit participation to one account per household and to discontinue this service without prior notice.


Authorized personnel may make exceptions to this program.