Regulation D Suspension Notice
Regulation D Suspension Means Greater Access to Your Money!
The Federal Reserve Bank recently announced the temporary suspension of Regulation D’s restriction on the number of electronic withdrawals (six per month) on savings accounts. The change was made to permit greater electronic access to your savings in light of the COVID-19 Pandemic.
Effective on May 11th, 2020, all Midcoast FCU Share / Savings accounts will align with the suspension of this rule and will temporarily allow unlimited transfers and withdrawals.