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Federal Reserve Suspends Six-Limit Transfer on Savings Accounts

The Federal Reserve Board has no plans at this time to re-impose transfer limits between savings and checking accounts under Regulation D. Federal Regulation D is a federal law that limits certain withdrawals or transfers to six per month from a savings or money market account. In April 2020, an interim final rule was made

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Starting May 1st, IDCheck will be required for all in-person transactions using an out-of-state ID at Shared Branching locations. Click the link to learn more: https://2ly.link/25zzT 

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