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Savings Transfers Update

June 8, 2020

Couple at laptop working on their financial goals

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.