Transfers to and From Accounts. You may use our E-Banking Services to initiate Bank Transfers between your Accounts.
Transfers to and From Accounts. Online Banking transfers between accounts are considered 'electronic funds transfers' as defined in Regulation E. Some accounts may have transfer limitations, as described in the account disclosure provided to you at the time the account was opened. Any limitations that apply to your account(s) regarding deposits, transfers and withdrawals also apply through Online Banking. You may use the Bank’s Online Banking to initiate electronic fund transfers from deposit accounts (checking or savings) to other deposit accounts or loan accounts. Transfers may not be made from loan accounts or time accounts (certificates of deposit).
Transfers to and From Accounts. Online Banking transfers between accounts are considered ‘electronic funds transfers’ as defined in Regulation E. Some accounts have transfer limitations, as described in the account disclosure provided to you at the time the account was opened. Any limitations that apply to your account(s) regarding deposits, transfers and withdrawals also apply through Online Banking. You may use Online Banking to initiate electronic fund transfers from deposit accounts (checking or savings) to other deposit accounts or loan accounts. You may also transfer from a Line of Credit to a deposit account. Transfers may not be made from loan accounts or time accounts (certificates of deposit). • Limitations - Your ability to initiate bank transfers between accounts may be limited by federal law or by the terms of your agreement with us as described on each account’s disclosure statement you received when that account was opened. You may obtain a new disclosure statement by contacting the Bank. • Bank transfers from deposit accounts that are savings or money market deposit accounts are limited as required by federal regulation to no more than 6 preauthorized transfers in any specified period. The specified period for savings and money market passbook accounts is the calendar month. The specified period for the money market statement account is the statement cycle. Online Banking transfers are considered preauthorized transfers and must comply with the federally regulated limitation. Your account must have sufficient funds in order for transfers to be completed. You cannot post-date a transfer. • Time of bank transfers, posting - If you initiate a bank transfer of available funds on or before 5:30 p.m. Eastern Time on a business day, the bank transfer will be posted on the same business day. If you initiate a bank transfer later than 5:30 p.m. Eastern Time on a business day, the bank transfer will be posted on the next business day.
Transfers to and From Accounts. You may use our Business Online Banking Services to initiate Bank Transfers between accounts.
Transfers to and From Accounts
