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What is Regulation D?

Regulation D is a Federal Regulation that limits the number of electronic transfers or checks, from money market and savings accounts. Under Regulation D, a maximum of six transfers per month from a savings or a money market are allowed. These transactions include phone requests, overdrafting, online banking, email requests, and faxed requests. There are no limitations on ATM and in branch or shared branch transactions.

Please Note: This is a regulation mandated by the Federal Government. This is not a credit union policy.

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