What is Regulation D?

Do you treat your savings account like a checking account? It’s tempting to keep the bulk of your funds in your River Region savings account and transfer funds only as you require. However, the number of withdrawals and transfers per month from your savings account is limited due to federal regulation. You are permitted up to 6 TOTAL of any combination of the savings withdrawal transactions within a calendar month not including loan payments.
Accounts that are affected by Regulation D

~ Savings Accounts
~ Money Market Accounts
~ Certificate Accounts
~ Holiday Accounts 

Types of transactions subject to Regulation D

~ Transfers between your accounts (not including payments made to your River Region Loans)Through online banking
~ Pre Authorized or Automatic Withdrawal
~ Transfers to another member’s account
~ Overdraft transfer from a savings account  
~ Transfers made by Audio Response