savings Accounts Withdrawal Limitations

With the recent Account System Upgrade, and per the terms, and conditions of Premier America's Membership Agreement, savings and money market accounts will be subject to Federal Reserve Board Regulation D. Regulation D limits savings accounts to six (6) withdrawals or transfers to another account by means of:

  • Check
  • Preauthorized or automatic transfer (which includes overdraft protection transfers), or
  • Telephonic instruction
during any calendar month.


If the six (6) monthly withdrawal/transfer limit is exceeded, account access will be restricted.

You can monitor your month-to-date account transfers under the Account Details section in Online Banking.
 
If you will need to complete more than six transfers or withdrawals each month, we encourage you to open a FREE Primary Checking account. The benefits of our Primary Checking account include:

  • No monthly service fee.
  • No minimum balance requirement.
  • Unlimited check writing, withdrawals, and account transfers.
  • 30,000+ Free ATMs nationwide.

For questions about your savings account or to open a Primary Checking account, please contact a Member Service Representative at 800-772-4000, option 0, Monday - Thursday from 8 a.m. to 5 p.m., Friday from 8 a.m. to 6 p.m. and Saturday from 8 a.m. to 1 p.m., PT.
 
Thank you for your membership, and the continued opportunity to serve your financial needs.