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Your savings are insured to at least $500,000 per member! Whether you're interested in a Basic Share (savings) Account, saving for retirement or teaching your children to save, Atlantic Regional has an account for you: Our most current rates are just a click away! >>> RATES REGULATION D: What You Need To Know? Regulation D (Reg. D) is a government regulation which, among other things, defines transaction accounts and non-transaction accounts. Transactional accounts, such as checking (share draft) accounts, are allowed an unlimited number of transactions. Reg. D places limitations on non-transaction accounts such as share (savings) accounts and money market accounts. Atlantic Regional Federal Credit Union has defined share accounts and money market accounts as non-transactional. The section of Reg. D causing the most confusion is the statement that a member is limited to six pre-authorized or automatic withdrawals, telephone transfers, or transfers initiated by personal computer per month on non-transaction accounts. The regulation also states no more than three of the six can be by draft payable to a third party. Transactions counted against Reg. D limits - Transfers from share account using CU-Online® - Point-of-Sale transaction from share account using VISA® debit card - Transfers from share account made by calling an MSR - Pre-authorized or automatic transfers or withdrawals Transactions from share draft (checking) accounts that count against Reg. D limits: 1) a check which overdraws your share draft account causing us to use overdraft protection transfers from your share account or 2) A VISA® debit card transaction which overdraws your share draft account causing us to use overdraft protection transfers from your share account Transactions not counted against Reg. D limits - Transaction requested by mail - Transaction at an ATM machine - Transaction at any of our branch offices - Any deposit at any time - Any transfer to a loan at any of our branch offices An easy way to remember: A Reg. D transaction is a withdrawal from a savings account that you could complete at home or initiated via pre-authorization for automatic withdrawals. You can check at any time how many Regulation D transactions you have had during the current month by contacting a Member Service Representative.
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