Market and Savings Accounts. If we do not restrict the number of transfers or withdrawals you can make on these accounts, your account may still be subject to other transaction limitations. Please refer to the Disclosures to understand which transaction limitations, if any, apply to your account. SAVINGS ACCOUNTS Passbooks. If your account is a passbook account and you wish to make a withdrawal without your passbook, we can refuse to allow the withdrawal. If your passbook is lost or stolen, you will immediately notify us in writing. CERTIFICATES OF DEPOSIT/TIME DEPOSIT ACCOUNTS
Market and Savings Accounts. Federal regulations limit the number of preauthorized electronic fund transfers and telephone transfers from money market deposit and/or savings accounts; this includes myPioneer transactions. You may make up to six (6) preauthorized, automatic, telephonic, electronic, or audio response transfers to another account of yours or to a third party during any calendar month. Each transfer or payment through myPioneer from your savings or money market deposit account is counted as one of the six limited transfers you're permitted each statement period. We charge a fee for each transaction in excess of this limit (refer to the Pioneer Federal Credit Union Service Charges and Fee brochure). However, payments to your Pioneer Federal Credit Union loans are not counted toward this limit for savings accounts and money market deposit accounts. You should not use a money market deposit account as your xxxx payment account because of these restrictions. Preventing Misuse of Your Account Your role is extremely important in the prevention of any wrongful use of your account. You must promptly examine your statement upon receipt. If you find that your records and ours disagree, you must immediately call Pioneer Federal Credit Union.
Market and Savings Accounts. You may make no more than six (6) withdrawals or transfers per statement period to another account of yours or to a third party by means of preauthorized or automatic transfer or telephone order or instruction, online banking transfer, or by check, draft, debit card or similar order to a third party. • Scheduled and Recurring Transfers o Transfers scheduled for a weekend or a non-Business Day will be processed on the following Business Day. All other scheduled and recurring transfers will be processed from the funding account at the beginning of the Business Day requested.
Market and Savings Accounts. If we do not restrict the number of transfers or withdrawals you can make on these accounts, your account may still be subject to other transaction limitations. Please refer to the Disclosures to understand which transaction limitations, if any, apply to your account. SAVINGS ACCOUNTS Passbooks. If your account is a passbook account and you wish to make a withdrawal without your passbook, we can refuse to allow the withdrawal. If your passbook is lost or stolen, you will immediately notify us in writing. COMMON FEATURES Please refer to our separate Consumer Schedule of Fees for additional charges that may be assessed against your account. Please refer to our separate Rate Sheet for current interest rates and annual percentage yield information. We reserve the right to require not less than seven (7) days’ notice in writing before each withdrawal from an interest-bearing account other than a time deposit or demand deposit, or from any other savings account as defined by Regulation D. At the present time, we do not require such notice. If we do require such notice at some time in the future, we will apply that requirement to all such accounts. Withdrawals from a time account prior to maturity or prior to any notice period may be restricted and may be subject to penalty.
Market and Savings Accounts. Transaction Limitations. For money market and savings accounts, you may make up to a limit of six (6) third-party withdrawals or transfers to another account (a combination of checks or transfers to another account and preauthorized payments) from your account during the month. If you exceed your transaction limit twice during a five (5)-month period, or more than an occasional basis, we will convert your money market or savings account to Value Checking, except in the case of Private Banking Money Market, which will convert to Private Banking Checking. We may require that you give us written notice of your intended withdrawal from your money market or savings account seven (7) days before a withdrawal is made. Withdrawals may be subject to service charge. FOR CERTIFICATE OF DEPOSITS Rate Information. For fixed-rate certificate of deposits (CDs), you will be paid the disclosed interest rate until maturity or date of withdrawal, whichever is earlier. Maturity Date. The maturity date will be provided on the Certificate of Time Deposit, which will also disclose the issue date, maturity date, renewal feature, term, and type of interest rate (i.e., fixed-rate or variable-rate).
Market and Savings Accounts. Transactions involving these accounts are limited by law. As allowed for by the account, you may only make up to six withdrawals and transfers, each calendar month or statement cycle, by check, draft, point-of-sale or debit card, preauthorized or automatic transfers, or telephonic agreement, order or instruction (including data transmission). Preauthorized or automatic transfers, and telephonic transfers include, but are not limited to, automatic payments to non-related financial institution loans, automatic overdraft transfers, Online Banking transactions, transfers authorized by facsimile transmission, and Automated Telephone Transfers (VRU). If you exceed this limitation, we may refuse to honor the excessive transaction(s), remove your transfer privileges, close the account without prior notice, convert it to another type of account, and/ or impose a fee for exceeding the limits. (See Bank Fee Schedule.)
