How many withdrawals can I make from my Money Market Account each month?

Federal law limits the number of withdrawals and transfers you may make from your Money Market Account during each statement cycle. You can make up to six withdrawal transactions — including electronic fund transfers and telephone transfers, checks, ATM withdrawals, and debit card purchases — per statement cycle. Of these six transactions, only three may be checks or point-of-sale transactions. Each transfer or payment from your Money Market Account is counted as one of the six limited transfers. You will be charged a $10 fee for each transaction that exceeds this limit. Fortunately, ATM withdrawals are unlimited.