* Per federal regulations, the maximum number of remote transactions that can be made each calendar month on Money Market and Share Accounts is six (6) per account. The limit of six (6) transactions includes withdrawals and/or transfers on a member’s Share Account or Money Market Account made by check, draft, debit card, PC, Telephone Access Line, Online Banking, telephone or written instruction. Transactions made in person, by mail or at an ATM are not counted toward this limit.
1 Withdrawals that are not used for educational expenses are subject to tax and a 10% additional tax penalty for the earnings. The principal is not subject to tax or penalty. Consult your tax advisor for more information. Nothing herein should be construed as legal advice. See an accountant or legal professional to see if this product is right for you.
2 Child beneficiary must be under 18 years of age.