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Lost or Stolen Card Phone Numbers:
Minot AFB
1-701-727-6111
1-800-272-5380

After Hours: Lost or Stolen Visa Credit Card
1-800-558-3424

Lost or Stolen Master ATM/Debit Card
1-800-528-2273

ATM/Debit Card Dispute Phone Number:
Monday-Friday From 7AM-7PM CST
1-800-808-6402

 
Regulation D
 

What is Regulation D?
 

Federal Regulation D places a monthly limit on the number of transfers you may make from your Savings Accounts or Money Market Accounts (MMAs) without your physical presence being required. Transfers affected by this regulation therefore include:

  • Transfers made using Online Banking
  • Transfers made using Telephone Banking
  • Overdraft transfers (made automatically to cover insufficient funds in other accounts; see below)
  • Transfers made by a Member Service Representative on your behalf
  • Pre-authorized, automatic, scheduled or recurring transfers (see below)

You are allowed six such transfers per month, per account.

What transactions are not affected by Regulation D?

  • ATM transactions.
  • Transfers made to NTFCU loans.
  • Transactions done in person at a financial center (including shared financial centers).
  • Transactions sent in by mail, Express Drop, or Night Drop with an original signature
  • NTFCU Bill Pay (which uses funds from your checking account)

What are my options once an account has reached its Regulation D limit?

You may complete withdrawals and transfers in person, by mail, or at an ATM.

If an account used for Overdraft Protection has reached its Regulation D limit, will overdraft requests be honored?

No, if the Overdraft Protection account is a Savings Account or MMA. In that case, you will receive a notice by mail and incur an Insufficient Funds change for every overdraft attempted beyond your monthly limit. However, if the Overdraft Protection account is a Line-of-Credit loan (which is not affected by Regulation D) the overdraft will complete normally. To apply for a Line-of Credit loan, apply online or contact us.

I have authorized a merchant to automatically withdraw payments from my Savings Account or MMA; do these count against my monthly limit?

Yes. These payments (which you might know as "ACH" or "EFT" transactions) follow Regulation D limitations. Any withdrawals attempted beyond your monthly limit will not be honored, and you will receive a notice by mail and incur an Insufficient Funds change. To avoid this situation, make automatic payments using something other than a Savings Account or MMA, such as a checking account. Contact the merchant to arrange this change, and be aware that your request could take more than a month to go into effect. Alternatively, consider using NTFCU Bill Pay to automatically send payments from your NTFCU checking account to the merchant, rather than authorizing the merchant to automatically withdraw payments.


 

 

 
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