Funds Availability 

Our policy is to make available funds that you deposit in your account the first business day after the day you make your deposit. However, in some circumstances, delays may occur.  During the delay, you may not withdraw the funds in cash and we will not use the funds to pay checks that you have written.

Determining the Availability of a Deposit

The length of the delay is counted in business days from the day of your deposit.  Every day is a business day except Saturdays, Sundays, and federal holidays.  If you make a deposit before 4:00 p.m. on a business day we are open, we will consider that day to be the day of your deposit.  However, if you make a deposit after 4:00 p.m. or on a day we are not open, we will consider that the deposit was made on the next business day we are open.

The length of any delay varies depending on the type of deposit and is explained below.

Availability

Funds from electronic direct deposits to your account will be available on the day we receive the deposit.  All other deposits will be available no later than the fifth business day after the day of your deposit. However, the first $100 of your deposits will be available on the first business day.

Longer Delays May Apply

Funds you deposit by check may be delayed for a longer period under the following circumstances:

We believe a check you deposit will not be paid
You deposit checks totaling more than $5,000 on any one day
You redeposit a check that has been returned unpaid
You have overdrawn your account repeatedly in the last six months
There is an emergency, such as failure of communications or
computer equipment

We will notify you if we delay your ability to withdraw funds for any of these reasons, and we will tell you when the funds will be available.

Special Rules for New Accounts

A hold will be placed on new accounts for the first check order, checks will not be paid nor cash given against this hold until the check order debit has cleared the account.