What is Regulation D?

Regulation D is a regulation created by the Federal Government, which impacts the number of transactions U. S. Postal Service Federal Credit Union may allow on your deposit accounts. Regulation D affects you by limiting certain withdrawals and transfers that may be made from your Share Savings, Club and Money Market Accounts.

The following transactions (or any combination thereof) are LIMITED TO SIX (6) PER MONTH:

1. Overdraft transfers where money is automatically withdrawn from a share account to cover overdrafts in any of your other U. S. Postal Service Federal Credit Union accounts.
2. QUE telephone teller banking transfers from a share account to other accounts or third parties.
3. CU E-LINK transfers from a share account to other accounts or third parties.
4. Pre-authorized, automatic transfers (ACH) made at a predetermined time to third parties or to your other accounts, of which no more than three (3) of the six (6) may be made by check, if applicable, or similar order to a third party.

U. S. Postal Service Federal Credit Union will refuse any transactions that are not in compliance with Regulation D (checks may be returned and fees applied).

These transactions are UNLIMITED:

• ATM (transfers or loan payments)
• In-person (transfers or loan payments)
• Credit Union checks sent to the account holder.
• Mail (transfers or loan payments)

If you notice that you are having trouble limiting yourself to the six transactions listed above, you may want to try the following:

• Open a checking account with USPS FCU, and make debit transactions with your checking account instead of your savings account.
• Make one large transfer each month instead of several small transfers.
• Set up ACH automatic debits with service providers (who you use on a regular basis) to come out of your checking account, instead of your savings account.

If you have any questions or would like additional information about Regulation D, please contact a Personal Service Representative at: 1-800-877-7328.