Banking Frequently Asked Questions

Your questions, answered

We’ve collected some of the most frequently asked questions about our banking products and services, and grouped them by topic to make it easier for you to access the information you need to make informed financial decisions.

 

Find FAQs by topic:
Really Free Checking | Freedom Debit Card | Lost Debit Card | Overdraft Protection & Courtesy Pay | Round Up Program | MemberSafe® | Savings | Certificates | RBFCU Choice Money Market | RBFCU Classic Money Market | Individual Retirement Accounts (IRAs) | Online Banking & Mobile Banking | Sign-In, Email & Text Alerts | RBFCU Bill Pay™ | Online Deposit & RBFCU Mobile Deposit® | Move Money | Plaid | Multifactor Authentication (MFA) | STAR Program Help for Parents | STAR Program Help for Children | Paperless Preference (Electronic Statements & Documents) | RBFCU Mobile App | Apple Pay | Samsung Pay | ATMs | Safe Deposit Boxes | ID Requirement Policy | Back to all FAQs

 

REALLY FREE CHECKING

  • Do I have to start taking IRA distributions at a certain age?
    + -

    Per IRS guidelines, when a Traditional IRA owner reaches Required Minimum Distribution (RMD) age, an annual distribution is required. Roth IRAs are not subject to an RMD.

 

FREEDOM DEBIT CARD

  • Do I have to start taking IRA distributions at a certain age?
    + -

    Per IRS guidelines, when a Traditional IRA owner reaches Required Minimum Distribution (RMD) age, an annual distribution is required. Roth IRAs are not subject to an RMD.

 

LOST DEBIT CARD

  • Do I have to start taking IRA distributions at a certain age?
    + -

    Per IRS guidelines, when a Traditional IRA owner reaches Required Minimum Distribution (RMD) age, an annual distribution is required. Roth IRAs are not subject to an RMD.

 

OVERDRAFT PROTECTION & COURTESY PAY

  • Do I have to start taking IRA distributions at a certain age?
    + -

    Per IRS guidelines, when a Traditional IRA owner reaches Required Minimum Distribution (RMD) age, an annual distribution is required. Roth IRAs are not subject to an RMD.

 

ROUND UP PROGRAM

  • Do I have to start taking IRA distributions at a certain age?
    + -

    Per IRS guidelines, when a Traditional IRA owner reaches Required Minimum Distribution (RMD) age, an annual distribution is required. Roth IRAs are not subject to an RMD.

 

SAVINGS

  • Do I have to start taking IRA distributions at a certain age?
    + -

    Per IRS guidelines, when a Traditional IRA owner reaches Required Minimum Distribution (RMD) age, an annual distribution is required. Roth IRAs are not subject to an RMD.

 

CERTIFICATES

  • Do I have to start taking IRA distributions at a certain age?
    + -

    Per IRS guidelines, when a Traditional IRA owner reaches Required Minimum Distribution (RMD) age, an annual distribution is required. Roth IRAs are not subject to an RMD.

 

RBFCU CHOICE MONEY MARKET

  • Do I have to start taking IRA distributions at a certain age?
    + -

    Per IRS guidelines, when a Traditional IRA owner reaches Required Minimum Distribution (RMD) age, an annual distribution is required. Roth IRAs are not subject to an RMD.

 

RBFCU CLASSIC MONEY MARKET

  • Do I have to start taking IRA distributions at a certain age?
    + -

    Per IRS guidelines, when a Traditional IRA owner reaches Required Minimum Distribution (RMD) age, an annual distribution is required. Roth IRAs are not subject to an RMD.

 

MEMBERSAFE

  • Do I have to start taking IRA distributions at a certain age?
    + -

    Per IRS guidelines, when a Traditional IRA owner reaches Required Minimum Distribution (RMD) age, an annual distribution is required. Roth IRAs are not subject to an RMD.

 

INDIVIDUAL RETIREMENT ACCOUNTS (IRAS)

  • Do I have to start taking IRA distributions at a certain age?
    + -

    Per IRS guidelines, when a Traditional IRA owner reaches Required Minimum Distribution (RMD) age, an annual distribution is required. Roth IRAs are not subject to an RMD.

 

ONLINE BANKING & MOBILE BANKING

  • Do I have to start taking IRA distributions at a certain age?
    + -

    Per IRS guidelines, when a Traditional IRA owner reaches Required Minimum Distribution (RMD) age, an annual distribution is required. Roth IRAs are not subject to an RMD.

 

SIGN-IN, EMAIL & TEXT ALERTS

  • Do I have to start taking IRA distributions at a certain age?
    + -

    Per IRS guidelines, when a Traditional IRA owner reaches Required Minimum Distribution (RMD) age, an annual distribution is required. Roth IRAs are not subject to an RMD.

 

RBFCU BILL PAY™

  • Do I have to start taking IRA distributions at a certain age?
    + -

    Per IRS guidelines, when a Traditional IRA owner reaches Required Minimum Distribution (RMD) age, an annual distribution is required. Roth IRAs are not subject to an RMD.

 

ONLINE DEPOSIT & RBFCU MOBILE DEPOSIT®

  • Do I have to start taking IRA distributions at a certain age?
    + -

    Per IRS guidelines, when a Traditional IRA owner reaches Required Minimum Distribution (RMD) age, an annual distribution is required. Roth IRAs are not subject to an RMD.

 

MOVE MONEY

  • Do I have to start taking IRA distributions at a certain age?
    + -

    Per IRS guidelines, when a Traditional IRA owner reaches Required Minimum Distribution (RMD) age, an annual distribution is required. Roth IRAs are not subject to an RMD.

 

PLAID

  • Do I have to start taking IRA distributions at a certain age?
    + -

    Per IRS guidelines, when a Traditional IRA owner reaches Required Minimum Distribution (RMD) age, an annual distribution is required. Roth IRAs are not subject to an RMD.

 

MULTIFACTOR AUTHENTICATION (MFA)

  • Do I have to start taking IRA distributions at a certain age?
    + -

    Per IRS guidelines, when a Traditional IRA owner reaches Required Minimum Distribution (RMD) age, an annual distribution is required. Roth IRAs are not subject to an RMD.

 

STAR PROGRAM HELP FOR PARENTS

  • Do I have to start taking IRA distributions at a certain age?
    + -

    Per IRS guidelines, when a Traditional IRA owner reaches Required Minimum Distribution (RMD) age, an annual distribution is required. Roth IRAs are not subject to an RMD.

 

STAR PROGRAM HELP FOR CHILDREN

  • Do I have to start taking IRA distributions at a certain age?
    + -

    Per IRS guidelines, when a Traditional IRA owner reaches Required Minimum Distribution (RMD) age, an annual distribution is required. Roth IRAs are not subject to an RMD.

 

PAPERLESS PREFERENCE (ELECTRONIC STATEMENTS & DOCUMENTS)

  • Do I have to start taking IRA distributions at a certain age?
    + -

    Per IRS guidelines, when a Traditional IRA owner reaches Required Minimum Distribution (RMD) age, an annual distribution is required. Roth IRAs are not subject to an RMD.

 

RBFCU MOBILE APP

  • Do I have to start taking IRA distributions at a certain age?
    + -

    Per IRS guidelines, when a Traditional IRA owner reaches Required Minimum Distribution (RMD) age, an annual distribution is required. Roth IRAs are not subject to an RMD.

 

APPLE PAY

  • Do I have to start taking IRA distributions at a certain age?
    + -

    Per IRS guidelines, when a Traditional IRA owner reaches Required Minimum Distribution (RMD) age, an annual distribution is required. Roth IRAs are not subject to an RMD.

 

SAMSUNG PAY

  • Do I have to start taking IRA distributions at a certain age?
    + -

    Per IRS guidelines, when a Traditional IRA owner reaches Required Minimum Distribution (RMD) age, an annual distribution is required. Roth IRAs are not subject to an RMD.

 

ATMS

  • Do I have to start taking IRA distributions at a certain age?
    + -

    Per IRS guidelines, when a Traditional IRA owner reaches Required Minimum Distribution (RMD) age, an annual distribution is required. Roth IRAs are not subject to an RMD.

 

SAFE DEPOSIT BOXES

  • Do I have to start taking IRA distributions at a certain age?
    + -

    Per IRS guidelines, when a Traditional IRA owner reaches Required Minimum Distribution (RMD) age, an annual distribution is required. Roth IRAs are not subject to an RMD.

 

ID REQUIREMENT POLICY

  • Do I have to start taking IRA distributions at a certain age?
    + -

    Per IRS guidelines, when a Traditional IRA owner reaches Required Minimum Distribution (RMD) age, an annual distribution is required. Roth IRAs are not subject to an RMD.

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