Coastal Federal Credit Union's One Penny Overdraft Charge

Coastal FCU received praise from Clark Howard recently (see his show notes), due to their new overdraft policy:

Customers must meet one of two criteria to get the penny charge (instead of the credit union's usual $28 overdraft charge): They must either deposit enough money by midnight of the same day as the overdraft, or they must have only overdrawn their account by less than $10.