Did you know NET Federal Credit Union “share” branches with other credit unions? We call those locations – “Shared Branches” because they’re available to our members to use. That’s right, you can access your account, withdraw funds, or make deposits through the teller line at more than 4,600 locations nationwide.
When traveling for business or on vacation, use Shared Branching as an alternative to traveler’s checks or large amounts of cash. In case of an emergency, remember that the credit union staff at your nearest shared branch stands ready to provide assistance.
We welcome refinances of loans from another financial institution! Call 570-961-1100 and find out what you can save!
Apply for our VISA! More Rewards. More Choices.
Regulation D Limits
Under the Federal Reserve Bank's Regulation D, no more than a total of
six transfers are allowed per calendar month from your Share Savings or Vacation Accounts
| LIMITED TO SIX PER MONTH (All types total) | NOT INCLUDED |
| Telephone Transfers from Share Savings/Vacation | Share Savings to Loan Transfer |
|
AUDIO RESPONSE Transfers from Share Savings/ Vacation |
Share Savings Transfers to Loans |
|
HOME BANKING Transfers from Share Savings/Vacation |
Share Savings Transfers to Loans |
| Overdrafts from Share Savings Account to cover Share Drafts | |
|
Included in six per month |
|
| Written transfer note in Night Deposit | |
| Written transfer note by Messenger | |
| Written transfer note by Mail | |
| In Person at NET |
REG D LIMITS DO NOT APPLY TO SHARE DRAFT CHECKING ACCOUNTS.
There is no limit as to how many checks you may write.
At NET FCU this compliance became effective November 1, 2006.
WHAT YOU CAN DO TO PREVENT EXCEEDING LIMIT FOR SHARE SAVINGS/VACATION:
Have all pre-authorized withdrawals (insurance, utilities, etc.) withdrawn from Share Draft Checking.
Reduce the number of transfers: Keep sufficient funds in your Share Draft Checking account to cover your checks and withdrawals. Do not write a check until you deposit to your Share Draft Checking to cover the check.
An ATM machine transfer does not count against Reg D.
Have your payroll or direct deposit target your Share Draft Checking rather than your Share Savings account.
Transfers made from Share Draft Checking to Share Savings do not have a limit.
