A Safety Net for Life’s Unexpected Moments

Overdraft Protection

Managing money does not always happen in perfect timing. A busy day, a missed detail, or an unexpected expense can sometimes lead to spending a little more than you planned.

Tidemark Federal Credit Union offers overdraft options that may help cover certain transactions when your checking account does not have enough available funds.
Contact Us
View Checking Accounts

Two Ways to Help Manage Overdrafts

Tidemark offers two overdraft options for eligible checking accounts: Share Transfers and Overdraft Privilege. These options work differently, so it is important to understand how each one may apply to your account.
Share Transfers

Use funds from a linked Tidemark savings or money market account as your first line of defense.

  • Transfers occur automatically when funds are available.
  • Funds move from your designated Tidemark savings or money market account.
  • May help prevent returned items and overdraft fees.
  • There is a $5 fee per overdraft transfer.
Overdraft Privilege

A discretionary service that may help cover eligible transactions when your checking account does not have sufficient available funds.

  • Tidemark may, at its discretion, pay certain transactions instead of returning them unpaid.
  • Eligible accounts may be assigned an Overdraft Privilege limit up to $750.
  • Accounts that use Overdraft Privilege must be brought back to a positive balance within 30 days.
  • A $30 fee applies for each eligible item paid through Overdraft Privilege.
  • Tidemark will not charge a fee if the overdraft amount is $10 or less.

How Tidemark Reviews Overdraft Options

When an eligible transaction would overdraw your account, Tidemark automatically considers available options in this order. This structure helps prioritize your own available funds first before any discretionary overdraft coverage is used.
Share Transfer

If available, funds may transfer from your linked Tidemark savings or money market account.
Fee: $5 per overdraft transfer

Overdraft Privilege

If Share Transfer funds are not available and your account is eligible, Tidemark may pay certain transactions through Overdraft Privilege.
Fee: $30 per eligible item paid

Returned Transaction

If neither option is available or the transaction is not covered, the transaction may be returned unpaid.
NSF Fee: $15 per returned item

Compare Overdraft Options

Share Transfers Overdraft Privilege
What it does Transfers available funds from a linked Tidemark savings or money market account May allow Tidemark to pay certain eligible transactions when funds are not available
Best for Members who maintain funds in another Tidemark account and want to use those funds first Members who want an added discretionary safety net for eligible transactions
How it works Available funds are automatically moved into checking when needed Tidemark may pay certain transactions at its discretion instead of returning them unpaid
Fee $5 per overdraft transfer $30 per eligible item paid
Limit Based on available funds in the linked account Eligible accounts may receive a limit up to $750
Important to know Funds must be available in the linked account Coverage is not guaranteed and the account must be brought positive within 30 days
Best next step Link an eligible savings or money market account Contact Tidemark to learn more about eligibility and coverage

Opt-In Required for Certain Transactions

Overdraft Privilege does not automatically apply to ATM withdrawals or one-time debit card purchases. Tidemark will only authorize and pay these types of transactions through Overdraft Privilege if you have opted in to this coverage.

Transactions that require opt-in coverage include:

  • ATM withdrawals
  • One-time debit card purchases
To update your coverage:

Visit any Tidemark branch or contact us to opt in or opt out of debit card and ATM overdraft coverage.

Contact Us
Find a Branch

What Overdraft Protection May Cover

Overdraft Privilege may apply to certain eligible transactions, depending on account eligibility and transaction type.

Covered transactions may include:

  • Checks
  • ACH transactions
  • Bill payments
  • Recurring debit card transactions

ATM withdrawals and one-time debit card purchases require opt-in coverage.

Important Things to Know

Having a few items ready before you start your application can speed up the process and help you get a decision faster.
Overdraft coverage is not guaranteed
Overdraft Privilege is discretionary. Tidemark may choose whether to pay or return an item.
Fees may apply
Share Transfers have a $5 fee per overdraft transfer. Overdraft Privilege has a $30 fee per eligible item paid. Returned unpaid items may have a $15 NSF fee.
Small overdrafts may not be charged
Tidemark will not charge an Overdraft Privilege fee if the overdraft amount is $10 or less.
Bring your account positive
Accounts that use Overdraft Privilege must be brought back to a positive balance within 30 days.
You can update your preferences
Members can contact Tidemark or visit a branch to opt in or opt out of debit card and ATM overdraft coverage.

What Our Members Are Saying

Real experiences from people who trusted Tidemark with one of life’s biggest decisions.

Frequently Asked Questions

Need Help Choosing the Right Overdraft Option?

Tidemark can help you understand how Share Transfers, Overdraft Privilege, and debit card opt-in coverage work so you can choose the option that best fits your checking account needs.
Contact Us
View Checking Accounts