Federal law permits limiting certain types of withdrawals and transfers from savings and money market accounts to a combined total of 6 per statement cycle. These limited transactions include things like Online and Mobile Banking transfers, transfers from your account to any of your accounts with us, or to a third party and, if checks and debit cards are allowed on the account, check and point-of-sale transactions.
There’s a $10 excessive transaction fee for each transaction that exceeds this limit. However, we’re temporarily refunding this fee to help those of you impacted by COVID-19.
Some transactions are unlimited. For example, you can make as many deposits as you like, and you can call us any time to request a check made out to you. With a Money Market Account, you can make unlimited ATM withdrawals.