Limitations on Withdrawals
Fin-Path Finance limits certain types of withdrawals (including transfers) from savings and money market accounts. You may make no more than six (6) withdrawals and transfers from your Fin-Path Finance Savings account to another of your accounts or to third parties during a monthly service charge cycle. Examples of transfers and withdrawals that are subject to these limitations include transfers and withdrawals made by check, ACH, telephone, online and mobile banking, debit card purchases, wires, overdraft protection service transfers, and pre-authorized funds transfers. If you exceed these transaction limitations on your Fin-Path Finance Savings account, Fin-Path Finance Bank may close your Fin-Path Finance Savings account or transfer its balance to a deposit account that is not subject to these transaction limitations. Deposit accounts that are not subject to these transaction limitations might not earn interest, or might earn interest at a lesser rate or have different interest rate tiers, than your Fin-Path Finance Savings account. Certain types of transfers and withdrawals, such as in-person cash withdrawals at a Fin-Path Finance branch, internal (within Fin-Path Finance Bank) transfers of funds to pay a Fin-Path Finance Bank loan obligation, and ATM withdrawals, are not limited.
Fin-Path Finance Savings account service charges on withdrawals
Your Fin-Path Finance Savings account will incur an Excessive Withdrawal Charge(s) if you exceed the limitations on withdrawals (see Limitations on Withdrawals section). For each withdrawal (including transfers) made from your Fin-Path Finance Savings account in excess of the six (6) withdrawal and transfer maximum per monthly service charge cycle, your account will incur a $3 Excessive Withdrawal Charge, which will appear as a debit on your account statement. Examples of transactions subject to this charge include withdrawals or transfers made by check, ACH, telephone, online and mobile banking, debit card purchases, wires, overdraft protection service transfers, and pre-authorized funds transfers.
Fin-Path Finance Youth Savings account service charges on withdrawals:
Your Fin-Path Finance Youth Savings account will incur an Excessive Withdrawal Charge(s) if you exceed the limitations on withdrawals (see Limitations on Withdrawals section). For each withdrawal (including transfers) made from your Fin-Path Finance Youth Savings account in excess of the six (6) withdrawal and transfer maximum per monthly service charge cycle, your account will incur a $1 Excessive Withdrawal Charge, which will appear as a debit on your account statement. Examples of transactions subject to this charge include withdrawals or transfers made by check, ACH, telephone, online and mobile banking, debit card purchases, wires, overdraft protection service transfers, and pre-authorized funds transfers.
Fin-Path Finance Retail Money Market account service charges on withdrawals:
Your Fin-Path Finance Retail Money Market account will incur an Excessive Withdrawal Charge(s) if you exceed the limitations on withdrawals (see Limitations on Withdrawals section). For each withdrawal (including transfers) made from your Fin-Path Finance Retail Money Market account in excess of the six (6) withdrawal and transfer maximum per monthly service charge cycle, your account will incur a $15 Excessive Withdrawal Charge, which will appear as a debit on your account statement. Examples of transactions subject to this charge include withdrawals or transfers made by check, ACH, telephone, online and mobile banking, debit card purchases, wires, overdraft protection service transfers, and pre-authorized funds transfers.
Fin-Path Finance Premium Savings account service charges on withdrawals:
Your Fin-Path Finance Premium Savings account will incur an Excessive Withdrawal Charge(s) if you exceed the limitations on withdrawals (see Limitations on Withdrawals section). For each withdrawal (including transfers) made from your Fin-Path Finance Premium Savings account in excess of the six (6) withdrawal and transfer maximum per monthly service charge cycle, your account will incur a $15 Excessive Withdrawal Charge, which will appear as a debit on your account statement. Examples of transactions subject to this charge include withdrawals or transfers made by check, ACH, telephone, online and mobile banking, debit card purchases, wires, overdraft protection service transfers, and pre-authorized funds transfers.
