Many members expressed concern regarding the inconvenience of limitations placed on certain withdrawals from share/savings accounts each month. In response, DCECU found a cost-effective and compliant solution to address this issue.
On March 17, 2015, we implemented a regulatory accounting change which will allow members to complete transactions more freely from their share (savings) accounts each month. The monthly limit of six overdrafts from savings to checking for certain preauthorized or electronic transfers from savings is no longer applicable. This change applies to all prime share and secondary share account types. Members will see this change reflected on their Account Summary screen in online banking as follows:
In the spirit of our service promise to ‘make it EASY for you to do business with DCECU,’ we are pleased to offer this new feature. For questions, stop by or call us at 989.835.7794 or 800.835.7794.
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