ATM Card

The Highgrove Community Federal Credit Union ATM/Debit Card provides you with the best of both worlds. It gives you instant access to your Highgrove checking account funds, without having to carry your checkbook. You can use it to purchase goods anyplace that accepts VISA. In addition, the same card can be used to make deposits (in Minnesota where accepted) and cash withdrawals from ATMs around the world.

Regulation "D"
Regulation "D" And Its Effect On Your Deposit Accounts

Regulation D impacts the number of transactions Highgrove Community Federal Credit Union may allow on your deposit accounts (including savings, money market, certificates, and Holiday accounts). The Regulation was implemented by the Board of Governors of the Federal Reserve System, whose job is to ensure that financial institutions maintain adequate reserves for the funds they have on deposit.

How does Regulation D affect you? It limits the number of pre-authorized, automatic or phone transactions you make each month on a deposit account to a maximum of six. No more than three of the six such transfers may be made by check, draft, debit card, or similar order made by the depositor and payable to third parties. Balance inquiries, loan payments (between suffixes on one member number), and all transactions from a checking account do not count as part of those six transactions. And, there are no limitations to the number of transactions that you handle on any account in person, by mail or through an ATM.

Here are some examples of Limited and Unlimited Non-Transaction accounts:

LIMITED Electronic Withdrawals for Non-Transaction Accounts:

Automatic transfers to other accounts
Pre-authorized payments to a third party (ACH withdrawals)
Online banking transfers
Telephone Teller transfers
Transfers done over the phone with a Member Service Representative (including wire transfers)
Overdraft transfers
Point of Service (POS) transactions

UNLIMITED Electronic Withdrawals for Non-Transaction Accounts:

Withdrawals done in person at one of our office locations

Transfers done in person at one of our office locations
Cash withdrawals at an automated teller machine (ATM)
Transfer requests made at an ATM
Withdrawals (made payable to "self") using Telephone "On-Call"
Withdrawals (made payable to "self") requested by phone through a Member Service Representative
Automatic loan payments made on a Highgrove loan
Withdrawals requested by mail

Remember, Regulation D is a directive of the federal government, not your credit union. Highgrove Community Federal Credit Union may refuse any transactions that are not in compliance with Regulation D (checks may be returned and fees applied). For more information, call 651-698-8801.

Pin Reversals: Misinformation Could Lead to Safety Issues

The internet can often quickly spread �urban myth� stories but few stories gain such rapid appeal with so many potentially negative impacts as the misleading stories circulating the internet regarding PIN reversal to signal duress. PIN reversal technology is a concept based upon the possibility that a cardholder could remember (and reverse) his or her PIN at an ATM to draw attention to a dangerous situation like a kidnapping or a robbery. It is unlikely that anyone under duress could successfully employ this technique without compromising personal safety.

Financial institutions within the United States have not deployed this technique despite several well circulated email chain letters that have misstated this fact.