What happens when I make more than 6 withdrawals from my savings account in one month?
A federal regulation (Reg. D) limits you to a maximum of 6 electronic transfers* from a savings account per month.
To avoid this inconvenience, we suggest opening a TCT Checking Account. With a Checking Account, you may make as many transfers as you like. Learn more about the benefits of a TCT Checking Account.
*Electronic transfers are defined as transfers by telephone, by ACH, bill payment, initiated in online banking, and transfers from savings to cover overdrafts.