Money Market Accounts. A Money Market Account is similar to a Savings Account and is subject to the same restrictions that apply to all SavingsAccounts, except you may write checks from your Money Market Account. Certain restrictions, rates, and fees are set forth in the Consumer Account Disclosure.
Money Market Accounts. In addition to the General Rules, your Money Market Account will be subject to the following rules:
Money Market Accounts. Member can make no more than six (6) transfers per statement period by preauthorized or automatic transfer or by telephone or through Mobile Banking from a money market Deposit Account.
Money Market Accounts. Our Money Market Accounts are statement savings accounts. Limitations on transfers are further described in Section 2.11 below.
Money Market Accounts. A Money Market Account is a Savings Account and is subject to the same restrictions that apply to all Savings Accounts. Certain restrictions, rates and fees are set forth in the Consumer Account Disclosure.
Money Market Accounts. Withdrawals and transfers from Money Market Accounts are limited to six transactions per month and no more than three of the six transactions may be made by use of a check. If you exceed these limitations, your Account may be subject to closure.
Money Market Accounts. Money Market Accounts are limited to six transfers and withdrawals, or a combination of such transfers and withdrawals from such Accounts, per calendar month to another Credit Union account of yours or to a third party by means of a preauthorized or automatic transfer, telephone transfer, order, or instruction (including transfers by personal computer or other data transmission). Withdrawals by mail, messenger, ATM, or in person, and transfers to make payments on your loans with us are not included in this limitation. However, HAL telephonic transfers and Online Banking transfers from your Money Market Accounts are included in this limitation. Withdrawals or transfers that exceed the maximum number permitted may be declined or subject to fees in accordance with the Truth in Savings Fee Schedule.
Money Market Accounts. The Bank reserves the right to require at least seven (7) days’ written notice prior to withdrawal of funds from a money market account. You may make unlimited withdrawals in person from a money market account. However, under federal regulations, the number of withdrawals you may make from a money market account by check or pre-authorized or automatic transfer is limited to a combined total of no more than six
Money Market Accounts. The Bank reserves the right to require at least seven (7) days’ written notice prior to withdrawal of funds from a money market account. You may make unlimited withdrawals in person from a money market account. However, under federal regulations, the number of withdrawals you may make from a money market account by check or pre-authorized or automatic transfer is limited to a combined total of no more than six (6) per month (whether resulting in the transfer of funds to a third party or to another account belonging to you or to any of you), and of those six (6) withdrawals or transfers per month no more than three (3) may be made by check or draft. The Bank reserves the right to impose a penalty for violations of these limitations, including (without limitation), nonpayment of interest in the money market account that month. Moreover, federal regulations may require the Bank to revoke your check-writing privileges or to terminate your money market account in the event that you continue to violate these limitations. If you repeatedly are in violation of this section, we may convert your money market account to a non-interest bearing account.
Money Market Accounts. The Money Market Account combines the features of a savings account to earn dividends, with limited check writing capabilities. Dividends are earned on the entire account balance each day, and you need only maintain an average daily balance of $2,500 in the account to avoid a monthly low balance fee. Check writing is limited to six (6) checks per month.
