Are there any limits to the number of transactions I can make on with my Savings Account?
The only limitations are those already in place for savings accounts per Federal withdrawal transaction limits per regulation.
You may not make more than six electronic withdrawals/transfers per monthly statement cycle from any savings account.
Transaction types included in the six-per-month limit: Pre-authorized, automatic scheduled or recurring withdrawals or transfers from a savings account to another account, also known as “EFT” or “ACH” transactions.
Online banking transfers. Transfers conducted on 1st Source Bank’s telephone banking service. Transfers made by a telephone service representative on an account holder’s behalf. Transfers initiated by Text Banking from the savings account to the primary account. Electronic overdraft transfers.