In the past, the Federal Reserve Board's Regulation D placed limits on the number of withdrawals and transfers from certain deposit accounts at depository institutions. It defined the types and number of transactions that could be performed on non-transaction accounts, such as savings, money market, and certificate accounts. As of May 2020, those limits have been lifted.

Now, there are no limits on the number of transfers you can make from your non-transaction accounts. It will no longer prevent a money market check from clearing, automatic transfer from being completed, overdraft transfers, or transfers in online banking or MARTY (our telephone teller).

If you have any questions or concerns, please email us or call us at (503) 785-2528 or (800) 547-5532.