What you need to know about Reg D

A federal rule called Regulation D (Reg D) puts a limit of six (6) transactions per calendar month on certain transfers and withdrawals from some savings or money market accounts. Reg D is the federal government’s effort to ensure that financial institutions have the proper amount of reserves on hand and to encourage people to use savings accounts as they are intended (to save money).


Tips to Avoid Reg D Limits and Fees

  • Open and use a Checking PLUS, Checking, or Daily Savings Account which are not subject to Reg D restrictions
  • Have preauthorized payments (such as phone and utility bills) automatically deducted from a Checking PLUS or Checking account
  • Make one large transfer to your Checking PLUS or Checking account to cover anticipated usage, instead of making many small transfers throughout the month.
  • Apply for a Line of Credit to use as overdraft protection
  • Visit a branch or ATM location to make withdrawals or transfers


Reg D Frequently Asked Questions