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Collins Community Credit Union

Overdraft Protection

Looking for your year-end Tax Documents? All paper copies will be mailed to your primary address on file by January 31, 2023. Thank you for your membership!

Why should you Opt In?

Everyone miscalculates their checkbook or loses track of expenses from time to time. That’s why we offer Overdraft Privilege—a benefit to members in good standing that will cover overdrafts if you inadvertently overdraw your account. With Overdraft Privilege, we may pay your items rather than returning or declining them, saving you the embarrassment and inconvenience of a returned or declined item, as well as fees normally charged by merchants for items, returned to them.

Currently, our Overdraft Privilege service is available on many Collins Community Credit Union accounts for checks, ACH and Online Bill Pay transactions. *We are pleased to announce the Overdraft Privilege service has recently been expanded to cover overdrafts for ATM cash withdrawals and Debit Card transactions. This new expansion is only available if you give us consent (opt in) for payment of ATM and everyday debit card overdrafts. If you would like us to pay overdrafts for these transactions, you can give us your authorization by: 

Overdraft Privilege is not a line of credit. Balances at an ATM or other point of inquiry will not include the Overdraft Privilege limit; however items may be paid in excess of the balance provided, creating an overdraft.

In accordance with our Discretionary Overdraft Privilege Disclosure, your account will be charged our standard overdraft fee of $32 for each item that is paid. It is possible that your account can become overdrawn in excess of your Overdraft Privilege limit. Please keep in mind that we also offer overdraft protection plans that may be less costly than Overdraft Privilege, such as a link to another account or a line of credit. If you already have another form of overdraft protection, it will be exhausted before Overdraft Privilege is used.

Overdraft Privilege can bring you peace of mind and help avoid hassle and merchant fees. For more information, stop by one of our convenient branch locations or give us call at 1-800-475-1150.

You can revoke your authorization for Collins Community Credit Union to pay these overdrafts by calling 1-800-475-1150 option 3, coming by a branch, by clicking decline on the Online Opt In Form, or by mailing a revocation of consent to 1005 Blairs Ferry Road NE, Cedar Rapids, IA 52402. Your revocation must include both your name and your account number so that we can properly identify your account.

What's New

  • 2022 Virtual Annual Meeting

    07 October 2022
    Collins Community Credit Union's Annual Membership Meeting will be held virtually on Wednesday, November 9, 2022 at 5:30 p.m. CST. We can't wait to have you join us! Learn More
  • New Credit Card Management System Coming Soon!

    06 September 2022
    We're pleased to share we will be launching a new, easy-to-navigate system for accessing and managing your credit card information. Learn More
  • Online Safety: Zelle Fraud Alert

    07 July 2022
    Recently, there has been an uptick in the number of scams targeting users of person-to-person payment systems like Zelle. It's important that our members are educated and aware of these scams in order to avoid falling victim to their latest tricks. Learn More
  • 1st Avenue Branch Relocating Soon

    15 April 2022
    Collins Community Credit Union is pleased to announce its new full-service branch, located at 1800 1st Avenue NE, will open on Monday, April 25, 2022. Learn More
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