You should make every attempt to bring your account to a positive end-of-day balance as soon as possible, and must do so within 30 calendar days. If you are not able to do so, you will receive a letter from Meredith Village Savings Bank informing you that your Courtesy Pay limit has been suspended and […]
What if I do not want to have Courtesy Pay on my account?
If you would like to have this service removed from your account, please call 800.541.0006.
What are some other ways I can cover overdrafts at Meredith Village Savings Bank?
The best way to avoid overdrafts and fees is to keep track of your account balance by entering all checks, debit card purchases and ATM withdrawals in your check register, reconcile your account regularly, and manage your finances responsibly. However, if a mistake occurs, Meredith Village Savings Bank offers several ways to cover overdrafts. *This […]
How soon can I use my Courtesy Pay?
If you are a new customer, you may be able to use the overdraft service the next business day after your account is opened.
How do I know when I use the Courtesy Pay limit?
An Overdraft/Non-sufficient Funds notice will be sent to notify you of items paid and/or returned, including fees. You will need to subtract the total fees when balancing your checkbook.
What if I go beyond my Courtesy Pay limit?
Overdrafts above and beyond your established Courtesy Pay limit may result in checks or other items being returned to the payee. The returned item fee of up to $32.50 will be charged per item and assessed to your account. An Overdraft/ Non-sufficient Funds notice will be sent to notify you of items paid and/or returned.
What if I am having trouble repaying my Courtesy Pay or use it frequently?
Please contact us at 800.541.0006 if: (1) you do not believe you will be able to bring your account to a positive end-of-day balance within the required time period; (2) find that you are using Courtesy Pay more often than you intend; or (3) don’t understand why your account becomes overdrawn. We would like to […]
What are some of the ways I can access my Courtesy Pay limit? Will my limit be reflected in the balance I receive?
The chart below shows the different ways you can access your Courtesy Pay limit and indicates whether or not this limit will be reflected in the balance provided. ** Courtesy Pay service will be made available for ATM or everyday debit card transactions upon your request. Call 800.541.0006, visit themerrimack.com or visit one of our […]
How quickly must I repay my Courtesy Pay?
You should make every attempt to bring your account to a positive end-of-day balance as soon as possible, and must do so within 30 calendar days. If you are not able to do so, you will receive a letter from Meredith Village Savings Bank informing you that your Courtesy Pay limit has been suspended and additional items […]
What is my Courtesy Pay limit?
Locate your account type below and make note of the corresponding limit. If you have multiple accounts for your household, you may have a limit on all eligible accounts.