Limits on Withdrawals and Transfers from Savings Accounts. This Agreement and federal law impose limits on the number of certain types of withdrawals and transfers you can make each month from a savings account. Please note these limits do not apply to withdrawals and transfers you make at one of our banking centers, by mail or at an ATM. You can make no more than a total of six transactions each monthly statement cycle (or each month if you have a quarterly statement cycle) from among the following: • Preauthorized transfers from your savings account (including transfers for overdraft protection). • Telephone transfers or other electronic transmissions from your savings account. Telephone transfers include instructions to transfer funds sent to us by facsimile or other electronic transmission. • Online/Mobile banking transfers or bill payment transfers from your savings account. • Transfers by check, draft or debit card, if allowed on your savings account. We count a transaction on the date we post it to your savings account. This date may be different from the date you authorize, transfer or write the transaction, which means a transaction made during one statement cycle may not be counted until a later statement cycle. If you exceed the transaction limits on more than an occasional basis, we may close your savings account and recommend you open a checking account. When you use our Online Banking bill payment service, we recommend you do not use a savings account as your bill payment account because of these limits on transfers. Note: Even if you make no more than 6 transactions, a fee may still apply to some withdrawals or transfers. Please see the Schedule of Fees for your account.
