Free Republic
Browse · Search
General/Chat
Topics · Post Article

To: nicmarlo
Well it doesn't affect my regular bank account so if you have any info on it do everyone a favor and post it.
38 posted on 12/31/2003 7:17:33 AM PST by Bikers4Bush (Bush and Co. are quickly convincing me that the Constitution Party is our only hope.)
[ Post Reply | Private Reply | To 7 | View Replies ]


To: Bikers4Bush; tomakaze
What I'm posting is what I'm finding on the Internet; I'm not a banker or employed in that field. That said, here's yet another bank, with a bit more info. (it appears that the regulation is applied to interest-bearing accounts, not the type of institution in which the funds are held):

Federal regulations limit the amount of transactions on interest bearing accounts to six per month,
with no more than three of those from a check. Excessive withdrawals may result in closure of the
account.

https://valleybankandtrust.com/personal_products.htm
50 posted on 12/31/2003 7:24:04 AM PST by nicmarlo
[ Post Reply | Private Reply | To 38 | View Replies ]

Free Republic
Browse · Search
General/Chat
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson