An overdraft occurs with the credit union processes a transaction even though there are not enough funds in your account to pay for it. The transaction is covered by the D.C. Teachers’ FCU Member Privilege Program. You have the opportunity to tell the credit union which overdraft protection plan you want to apply to your account in these cases.
You have three overdraft protection tools to customize for your Overdraft Protection Plan:
This is the default protection that comes with your Checking Account. The credit union authorizes and pays overdrafts for checks, transactions and automatic bill payments. There is a $33 fee per overdraft paid and there is no limit to the number of overdrafts that can be paid. The credit union will NOT pay ATM transactions or debit card transactions under this plan without your prior authorization to do so.
You may designate another D.C. Teachers’ FCU account as your Overdraft Account. Funds will be transferred from this account into your Checking Account to cover any overdrafts. Note, see our fee schedule for limits on share withdraws.
Designate an Overdraft Account when you open your checking account, or call (202) 547-4800, Ext. 594 to update your preferences on an existing account.
If you aren’t confident you will always have sufficient funds in your backup account, you can also establish an Overdraft Line of Credit. It costs nothing to open and you only pay interest on the amount borrowed for the overdraft, which often times will be less than our standard overdraft fee.
Please take a look https://www.equifaxsecurity2017.com/ (opens in new window) The company has found no evidence of unauthorized activity on Equifax’s core consumer or commercial credit reporting databases. Equifax has established…Learn more Equifax Update
D.C. Teachers’ Federal Credit Union is committed to accessibility and digital inclusion. Our goal is to conform with Web Content Accessibility Guidelines (WCAG) 2.0 Level A and AA Success Criteria…Learn more Web Accessibility Statement
(Caller hears greeting) If this is your first time calling — you will have to enroll in the system by pressing the star (*) key. Otherwise which of these…Learn more New Voice Banking Member Enrollment Information
The Nominating Committee, chaired by William Bailey, Sr., has submitted the following slate of nominees: Harriett F. Kargbo Sheila J. Reid Jerome Shelton C. Denise Witcher Sessoms Elections for the…Learn more NOMINATING COMMITTEE ANNOUNCES SLATE
Please be advised that the D.C. Teachers’ Federal Credit Union will be launching its new Visa Debit EMV (Chip) card beginning in March. All members who currently have the Visa…Learn more New Visa Debit EMV (Chip) Card Beginning In March
Equifax has established a dedicated website, www.equifaxsecurity2017.com, to help consumers determine if their information has been potentially impacted and to sign up for credit file monitoring and identity theft protection.…Learn more Important Information From EQUIFAX
The District of Columbia Teachers’ Federal Credit Union is proud to announce the unveiling of our new website along with a new Internet and voice banking service. Changes to Your…Learn more Welcome To Our New Website
This fraudulent attempt to capture account information is done with an automated SMS/text message referring to themselves as CO-OP Mobile. The text message requests members to enter their account information…Learn more New Phishing Scam
Monday and Thursday from 10AM until 4:30PM. Friday from 10AM until 5:30PM.
The branch closes from 11AM – Noon for lunch and closed Tuesday and Wednesday.