1 Federal Regulation D limits certain types of withdrawals and transfers made from a savings or money market account to a combined total of six per account cycle. This includes withdrawals made by check or draft to third parties; debit or ATM card point-of-sale (POS) purchases; and pre-authorized withdrawals such as automatic transfers for overdraft protection and transfers made by telephone, online banking, mobile banking, bill pay, wire and facsimile. Withdrawals and/or transfers exceeding the six per account cycle allowance, will result in an excessive withdrawal fee per transaction. Please refer to the fee schedule for fees. If limitations are continuously exceeded, it may result in conversion to a Free Checking account. Withdrawals and transfers made in person at a Mazuma branch or at an ATM are not included in the limit of six per account cycle.
2 If a member overdraws their account they will be charged a fee. Refer to Fee Schedule for details.
* APY = Annual Percentage Yield. As high as based on tier, term or other factors.