Recurring ACH Transfers
Recurring ACH Transfers save time, money and worries by allowing you to move money automatically to or from another financial institution on a regular basis (weekly, bi-weekly, or monthly). An example of when to set up a Recurring ACH Transfer would be when you need to make a loan or mortgage payment from another bank or credit union.
You will find the Recurring ACH Transfer Agreement form:
-
In Online Banking behind the "Online Forms" tab. It can be submitted electronically to us.
OR -
On the Apply Now page. This form can be completed and signed and returned to us via US Mail.Complete the Recurring ACH Transfer Agreement at least 10 days before you would like a new or existing payment or transfer to take place. Please note that when your recurring payment or transfer date falls on a weekend or non-business day, your payment or transfer will occur on the business day prior to your requested transfer date.
Once the set up is complete and the account information has been verified, your recurring payment or transfer will be made in the amount, on the date and at the frequency that you have requested.
| How to transact |
Complete Form
|
| E-mail notifications available? |
No
|
| Minimum transfer amount |
$5
|
| Maximum transfer amount |
$5,000
(must be recurring) |
| Maximum # transactions per day |
3
|
| Maximum transaction amount amount per day |
$5,000
|
| Maximum # transactions per week |
3
|
| Maximum amount per week |
$15,000
|
| Per Transaction fee - Incoming |
None
|
| Per Transaction fee - Outgoing |
None
|
| One Time Set-Up Fee - Outgoing only |
$5
|
| NSF fee |
$13
|
| Cancellation Fee (prior to three months) |
$5
|
Star One has several methods to move money in and out of the Credit Union. The best method depends on the amount, frequency, and location of the transfer. Visit our How to Move Money page for specific information.
