VBSFCU Coronavirus COVID-19 Update: Please click here for current information and how to connect with us.†

The Bonney Road branch will close at 1:00 pm on Friday, July 17 to replace the air conditioning unit on the building. The Salem road office will be open. All electronic access will be available.†

Call Us (floating side menu) Email Us (floating side menu) Contact Us (floating side menu)
Virginia Beach Schools Federal Credit Union
Apply for a Loan Become a Member

Online Banking LoginClose Online Banking Login

Apply for a Loan Become a Member
 

What is an Overdraft Loan?

An overdraft loan is a personal line of credit that is attached to your share draft (checking) account. If you run out of money and you’ve been approved for this loan, the line of credit will cover your expenses so that you don’t bounce checks, miss payments, or have your debit card denied.

This loan is deposited into your share draft account as needed, up to your credit limit. We can customize how you want to pay your overdraft. For example: From your savings first, then line of credit or vice versa.

What to expect when applying for a loan.


I want a different option, what can you offer me?

We do offer alternative overdraft options. Click here to learn about Privilege Pay, or call our Loan Team for more information 757-463-3650, option 1.


I am ready to apply for an Overdraft Loan. What do I do?

You have several options when you are ready. You can call, apply online, or come into a branch.