What are the limitations on funds transfers?
You may: Transfer funds from checking to checking or savings, transfer funds from savings to checking or savings, make payments from checking or savings to loan accounts with us. Your ability to make transfers from your savings accounts and your money market accounts is restricted by the Federal Reserve Board Regulation D. For each savings account or money market account, you are prohibited from making more than six pre-authorized transfers per month. Pre-authorized transfers include those made through the online banking system. No more than three of the six may be made payable to third parties such as checks, ACH transfers or debit card entries. The following transfers do not count toward the limit: transfers from your savings or money market account to repay any accounts owed to Earlham Savings Bank; transfers made by mail, messenger, ATM or in person. If a violation of Regulation D occurs, Earlham Savings Bank may notify you and convert the account to an account allowing unlimited a