Common use of Account Transaction Limitations Clause in Contracts

Account Transaction Limitations. For Regular Share Savings, Special Share Savings, IRA Plus and Money Market accounts, no more than six (6) electronic payment transactions are allowed each calendar month. Transfers through phone and online banking systems, electronic debit transactions, transactions by personal check, and electronic overdraft payments are limited to six (6) per calendar month, after which transactions will not be completed and may be returned unpaid. Checking accounts are not subject to transaction limitations.

Appears in 2 contracts

Sources: Member Account Agreement, Member Account Agreement

Account Transaction Limitations. For Regular Share Savings, Special Share Savings, IRA ▇▇▇ Plus and Money Market accounts, no more than six (6) electronic payment transactions are allowed each calendar month. Transfers through phone and online banking systems, electronic debit transactions, transactions by personal check, and electronic overdraft payments are limited to six (6) per calendar month, after which transactions will not be completed and may be returned unpaid. Checking accounts are not subject to transaction limitations.

Appears in 1 contract

Sources: Member Account Agreement