Transfers from Money Market. You are limited to six (6) free withdrawals and transfers each calendar month or statement cycle through a combination of preauthorized electronic transfers, telephone instructions, or by check, draft, debit card, or similar order made by you and payable to third parties. Each transfer or payment through Online Banking from your Money Market deposit account is counted as one of the six limited transfers you're permitted free of charge each statement period. (For more information, see our Truth-in-Savings Disclosure). We charge a fee for each transaction in excess of this limit (See Exhibit A- Schedule of Fees). Transfers from Savings Accounts According to Regulation D (12 CFR, Part 204), no more than six (6) preauthorized, automatic, online or telephonic transfers made to another account at the Credit Union or by a third party or not more than six (6) transfers or withdrawals made by check, draft, debit card or similar order payable to a third party may be made from each savings account in any calendar month. If an Account Holder exceeds, or attempts to exceed, these transfer limits, the excess transfer requests may be refused or reversed, a fee may be imposed on the excess transfer requests (See Exhibit A- Schedule of Fees), and the Credit Union may reclassify or close the account. Transfers initiated by telephone must be counted among the six (6) monthly transfers, except that there are no limits on the number of withdrawals paid directly to an Account Holder when initiated by mail, telephone or messenger. There are no limits on the number of withdrawals if initiated in person or at an ATM.
Transfers from Money Market. You are limited to six (6) free withdrawals and transfers each calendar month or statement cycle through a combination of preauthorized electronic transfers, telephone instructions, or by check, draft, debit card, or similar order made by you and payable to third parties. Each transfer or payment through Online Banking from your Money Market deposit account is counted as one of the six limited transfers you're permitted free of charge each statement period. (For more information, see our Truth-in-Savings Disclosure). We charge a fee for each transaction in excess of this limit (See Schedule of Fees). Transfers from Savings Accounts According to Regulation D (12 CFR, Part 204), no more than six (6) preauthorized, automatic, online or telephonic transfers made to another account at the Credit Union or by a third party or not more than six (6) transfers or withdrawals made by check, draft, debit card or similar order payable to a third party may be made from each savings account in any calendar month. If an Account Holder exceeds, or attempts to exceed, these transfer limits, the excess transfer requests may be refused or reversed, a fee may be imposed on the excess transfer requests (See Schedule of Fees), and the Credit Union may reclassify or close the account. Transfers initiated by telephone must be counted among the six (6) monthly transfers, except that there are no limits on the number of withdrawals paid directly to an Account Holder when initiated by mail, telephone or messenger. There are no limits on the number of withdrawals if initiated in person or at an ATM.
