2020 ANNUAL BANQUET AND MEETING RESCHEDULED

Due to circumstances beyond our control and for the safety of our members, staff and board, the 2020 Annual Meeting and Banquet has been rescheduled.  The new date will be Saturday, May 16th,  2020.

The venue will remain the same as well as dinner beginning at 6:00pm.  The “Night at the Races” will be the entertainment as planned.  No new reservations will be taken for the banquet.  If you are not able to attend on May 16th, please call the office to let us know.  Be safe and stay healthy!

How does Reg D affect me?

Regulation D will restrict you to six transactions from your savings account per calendar month based upon the type of transaction requested and method used to request them.  Here is a list of the different types of transactions that are affected by Reg D.

Transactions limited to a total of 6 withdrawals or transfers per month:

  • Online banking and mobile banking transfers between your accounts,
  • Automatic transfers, including those for overdraft protection,
  • Transfer made over the phone,
  • Any pre-authorized automatic withdrawal,
  • Any checks to a third party from your savings

What happens if I exceed my limit of 6 transactions for the month?  We may reject your transaction and be forced to close your account.

How can I stay within my limit?  If you need to perform more than 6 withdrawals or transfer, consider opening a free Share Draft account.  Upon approval, your first 50 checks are free.  The are no monthly maintenance fees and you can also apply for our NO SURCHARGE ATM/DEBIT card.  Please contact us if you have any questions or concerns on Reg D.

 

What is Regulation D?

When it comes to transactions, all accounts are not created equal.  There are “transaction accounts” like share draft accounts (known as checking accounts) which offer unlimited transactions of any type or form.  Then there are “non-transaction accounts” like share accounts (known as a savings account).  Regulation D (Reg D) of the Federal Reserve Bank limits the number of certain types of withdrawals and transfers which can be made on share accounts to a total of no more than six each month.  This monthly limit is based on when the transactions are posted to your shares not when you authorized the ACH transaction.

Will your vehicle get you where you’re going?

Worried about traveling  in your current vehicle? Unsure if you can safely get to and from work without a breakdown?  Then consider financing a new or used vehicle at the Credit Union!  New auto loan rates start as low as 2.99% depending on your credit score.  Our used auto rate starts at 3.99% depending on your credit score.  Any used vehicle must be 7 years or newer and we lend according to the NADA loan value.  Call with any questions you have or come in to apply today!

We also work with Enterprise Car Sales to help  find the perfect vehicle for you!  If you’re looking for a quality used vehicle, they are the place to go! We will finance, if approved, 100% of their selling price!   Check out the cars available on the website www.enterprisecarsales .com or call 1-800-227-7253.

 

 

 

 

IMPORTANT info for mobile app users!

If you have home banking with us you can now access your account with our mobile app!  Once logged into home banking, go to manage account tab and go to “activate mobile device”.  You will then need to name your device and get your activation key.  From your app store, download our app (Allegheny Kiski Postal Federal Credit Union) onto your device.  Enter your account number and the password you use for home banking, then enter your activation key and you should be in!  If you will be doing mobile deposits, you will also need to allow camera permissions and contact us to allow mobile deposits on your account.

The most important step to do when you are submitting a check thru mobile deposit capture is to endorse the back of the item.  The endorsement must read For Mobile Deposit Only Allegheny Kiski Postal FCU along with your signature. 

For a full listing of the guidelines or if you have  questions, please give our office a call at (724)337-3717.