Funds Availability Policy


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Effective July 21, 2011

 Our general policy is to allow you to withdraw funds deposited in your account on the same business day we receive your deposit. In some cases, we may delay your ability to withdraw funds in accordance with Federal Reserve Regulation CC.

 To determine the availability of your deposit, we consider every day to be a business day with exception of Saturdays, Sundays and federal holidays. If you make a deposit on a business day before the close of business, the first day of a hold will be the next business day.

In some cases, we will not make all of the funds that you deposited by check available immediately. The hold we place is dependent on the amount of the deposited checks or if an exception case is deemed necessary. In most cases, the first $200.00 will be made available immediately.

   

Type/Description of Deposit

First $200.00 Available

Remainder of Funds Available

Cash, Direct Deposit, Wire Transfer, Cashier's Check, Teller's Check, Secure First CU Check, Certified Check, Government Check

Immediately

Immediately

Local Check

Business day after the day of deposit

2" business day after the day of deposit

New Account (1)

Business day after the day of deposit

9' business day after the day of deposit

Large Deposit (over $5000.00)

Business day after the day of deposit

7th business day after the day of deposit

Redeposited Item (2)

Business day after the day of deposit

11th business day after the day of deposit

Repeated NSFs

Business day after the day of deposit

11' business day after the day of deposit

Reasonable Cause

Business day after the day of deposit

11' business day after the day of deposit

(1) Accounts opened within the prior 30 days

(2) Same-day deposits (consisting of single or multiple checks) of $5000 or more individually or in aggregate