1 Federal Regulation D limits certain types of withdrawals and transfers made from a savings or money market account to a combined total of six per account cycle. This includes withdrawals made by check or draft to third parties; debit or ATM card point-of-sale (POS) purchases; and pre-authorized withdrawals such as automatic transfers for overdraft protection and transfers made by telephone, online banking, mobile banking, bill pay, wire and facsimile. Withdrawals and/or transfers exceeding the six per account cycle allowance, will result in an excessive withdrawal fee per transaction. Please refer to the fee schedule for fees. If limitations are continuously exceeded, it may result in conversion to a Free Checking account. Withdrawals and transfers made in person at a Mazuma branch or at an ATM are not included in the limit of six per account cycle.
* APY = Annual Percentage Yield. This is a variable rate account; rates may change after the account is open. Rates are accurate as of October 1, 2024. To receive the stated rate, the account must maintain a balance as required for the eighth tier. A Money Market account with a minimum balance of $500,000.00 is required to receive the advertised rate. Fees may reduce earnings on the account if the balance falls below the required minimum requirements. Interest earning accounts compound interest daily, paid at month-end. Rates are subject to change. See the Truth In Savings disclosure for additional information.
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