Regulation D
Regulation D (Reg-D) is defined as a transaction that is done without a member present at a branch or ATM location. This regulation limits you to six Reg-D transactions per month from each share savings account. Share savings accounts include all personal and business savings accounts.
Reg-D transactions include:
- Call 24 transfers and withdrawals,
- FAIRWINDS Online transfers and withdrawals,
- overdraft protection transfers,
- transfers done over the phone with our member service line, and
- ACH withdrawals (Preauthorized debits).
There is no limit to transfers or withdrawals done in person, by ATM, or those made from a checking account or line of credit loan.
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