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News & Notes

Savings Transfers Update

Jun 08, 2020


Thanks to recent federal regulation changes, online transfers and withdrawals from savings and money market accounts are no longer limited to six per month.

In April 2020, the Federal Reserve updated Regulation D to allow consumers more access to their funds. This means Members can now freely use online banking and our mobile app to make unlimited transfers and withdrawals from their RCU savings accounts as needed, without having to visit a branch.


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Redwood Credit Union serves anyone living, working or owning a business in California’s Northern Bay Area, which includes the counties of Sonoma, Marin, Napa, Mendocino, Lake, San Francisco, Contra Costa and Solano. We look forward to serving you!

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