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How many transfers per statement cycle can I make from my statement savings or money market accounts?

April 26, 2017accounts CYCLE Money Market savings transfers

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How many transfers per statement cycle can I make from my statement savings or money market accounts?

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Transfers from statement savings or money market accounts processed through First Fed Online count towards the allowable maximum number of “pre-authorized” transfers per statement cycle. Currently, a maximum of six such transfers is allowed within a statement cycle per account. For details, please refer to First Federal Bank’s account disclosure brochure that you were given upon opening these accounts or call any of our offices to obtain a new disclosure or clarification on this federally- mandated limitation.