A Non-Interest Revenue Stream: Tiered Courtesy Pay

Are you looking for a non-interest revenue stream? Well, Sharetec’s Tiered Courtesy Pay is the right fit for you! Credit unions rely on non-interest income as a reliable source of revenue. Tiered Courtesy Pay is one of those services that credit union can offer their members to help the member stay in the good graces of their creditors and other vendors.


Our standard Courtesy Pay covers overdrafts, up to an approved limit, in exchange for a flat fee per overdraft transaction. The member receives the protection from bouncing a check, which saves the member embarrassment as well as protecting their credit score. A fee is then charged to the member for the service of covering the check despite insufficient funds in the member’s account.


Under a tiered approach to Courtesy Pay, members that use the service the most get charged the higher tier rate while the other members enjoy a reduced rate. Because of this increased rate tier, many credit unions see a significant boost in their monthly income. It also offers the credit union the ability to offset the cost of processing and monitoring overdrafts and provides a cushion (revenue stream) that is used to offset potential loses. The end result of implementing a Tiered Courtesy Pay feature is a fee structure that is fair to both the credit union and the member. Contact Sharetec to find out more today!