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Courtesy Pay Program


Courtesy Pay* is an overdraft service that SELCO automatically provides members with checking accounts. The service covers their debit transactions, even if they do not have enough money in their  available balance to cover the purchase. Your available balance is the current actual balance in your account, less the total of any transactions that are pending, on hold, or authorized but have not yet been paid.

For those who qualify and expressly opt-in, SELCO offers expanded Courtesy Pay for one-time debit transactions such as ATM, Point-of-Sale (POS), and signature debit.

You are not required to sign up (also known as opting in) for SELCO’s Courtesy Pay program. By opting in, you authorize SELCO to cover your ATM and everyday debit card transactions when you do not have enough money available in your account. This valuable service may help you in case of financial emergencies and unexpected out-of-town expenses. This service also may prevent the embarrassment of an ATM or everyday debit card transaction being declined, also providing you with greater flexibility in managing your money. The only time you pay a fee for this service is when you use this service.

View Courtesy Pay FAQ’s. 

* Courtesy Pay is a discretionary service and we reserve the right not to pay your overdraft. For example, we typically do not pay overdrafts if your account is not in good standing, you are not making regular deposits, or you have too many overdrafts. Your Courtesy Pay balance must be paid in full, as soon as possible. Each Courtesy Pay transaction will be assessed a $25.00 fee as shown in the SELCO Rate and Fee Schedule