NAFCU updated its Final Regulation Alert to include clarification from the Federal Reserve that it has no plans to re-impose the six-per-month transfer limit between savings and checking accounts under Regulation D, which was eliminated [...]
It has been a little over a month since the Federal Reserve changed the reserve requirements for transaction accounts. At the time, many credit unions asked what the reserve requirement changes meant for Regulation D [...]
The Federal Reserve Friday issued an interim final rule to amend Regulation D and remove the six-per-month transaction limit on transferring between savings and checking accounts. NAFCU has long recommended that it be eliminated. "NAFCU [...]
The Federal Reserve Board should look at opportunities to increase the Regulation D transfer limit beyond the current six per month, CUNA wrote to the Federal Reserve Monday. The Fed sought comments on an advance [...]
by: Nicholas Ballasy CUNA President/CEO Jim Nussle and NAFCU Vice President of Legislative Affairs Brad Thaler each wrote letters to leaders in the House of Representatives advocating for passage of the Regulation D Study [...]
