Transfer Limitations for Savings Accounts Sample Clauses

Transfer Limitations for Savings Accounts. No transaction limitations apply to savings accounts. Some limitations may apply to other savings accounts, such as an IRA.
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Transfer Limitations for Savings Accounts. Under government regulations that apply to your Primary and Other Savings Accounts, excluding XXX Savings Accounts, you may not make more than six transfers and withdrawals, or a combination of such transfers and withdrawals from these accounts, per calendar month to another account of yours at the Credit Union or to a third party by means of a pre- authorized or automatic transfer, or agreement via phone, 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. But automatic or pre-authorized transfers from your accounts to make payments on loans that your family members may have with us are counted against this transaction limitation. If you exceed the number of transfers permitted, your account may be closed or a fee may be imposed according to the Fee Schedule.
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Related to Transfer Limitations for Savings Accounts

  • Health Savings Account (HSA) is a tax-exempt trust or custodial account established exclusively for the purpose of paying qualified medical expenses of the member who is covered under a high deductible health plan. The member must be covered under the HSA plan for the months in which contributions are made. HIGH DEDUCTIBLE HEALTH PLAN (HDHP) is a health plan that satisfies certain requirements with respect to deductibles and out-of-pocket expenses. The plan cannot provide payment for any covered healthcare service until the plan year deductible is satisfied, with the exception of preventive care services. HOSPITAL means a facility: • that provides medical and surgical care for patients who have acute illnesses or injuries; and • is either listed as a hospital by the American Hospital Association (AHA) or accredited by the Joint Commission on Accreditation of Healthcare Organizations (JCAHO).

  • Transfer Limitations We may limit the dollar amount or the number of transfers from your account. Please consult your Truth-in-Savings Disclosure or your Electronic Fund Transfers Agreement and Disclosure.

  • MEMBER'S ACCOUNTS The Member will maintain separate capital and distribution accounts. The Member's capital account will be determined and maintained in the manner set forth in Treasury Regulation 1.704-1(b)(2)(iv), each capital account will consist of the Member’s initial capital contribution:

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