Federal Regulation D limits the number of transactions on a share or money market account in a given month to six. This regulation will affect electronic transactions such transfers or payments through online banking or automated banking by phone. This regulation also prohibits representatives from making a transfer for you when the request is by phone, e-mail, or through secure chat. Affinity Plus accounts subject to Regulation D are the following: Membership Savings (S1), Shares II (S2), Holiday Club (S31), Vacation Club (S30), Capitol Money Market (S6), A+ Money Market (S66), Nova Money Market (S67).
If you’ve reached your limit of 6 electronic transfers for the month you will need to visit an ATM, or a branch to make a transfer.