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 may incur a Nonsufficient Funds change. To avoid this situation:

  • Make automatic payments using something other than a Savings Account or MMA, such as a checking account or Overdraft Loan.
  • 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 EICU Bill Pay or your EICU VISA® debit/credit card to automatically send payments to the merchant, rather than authorizing the merchant to automatically withdraw payments.