As a financial institution, CFE must comply and enforce numerous federal regulations. One of these regulations, known as Regulation D, sets limits on certain types of transactions conducted on savings and money market accounts.

Regulation D states that a member may not use these types of accounts in the same manner as a checking account. These limitations allow you to make no more than six (6) preauthorized (ACH), automatic, MATT Phone (telephonic), MATT Web (online banking) or Bill Payer transactions (transfers) to another account of yours or to a third party during any calendar month. Of these six (6), no more than three (3) may be made by check.