Banks are usually required to penalize people who withdraw from savings 6 times per month, but that's been suspended for the pandemic

8:44am PDT - May 1st, 2020    chase bank - Business Insider

  • On April 24, the Federal Reserve suspended its rule that banks must penalize members who make more than six transactions per month from their savings accounts.
  • Under normal circumstances, banks would charge members an excess withdrawal fee o…