Holds placed on deposits in our branches are detailed on your receipt.
The following checks will be available immediately: on-us checks, cashier's checks, certified checks, traveler's checks, state government, federal government and local government checks and U S Postal Service money orders.
Funds deposited to an account by checks or drafts drawn on local and non-local financial institutions will be made available on the second business day following the day of the deposit.
Funds you deposit by check may be delayed for a longer period under the following circumstances:
-
Total check deposits for one day exceed $5,000;
-
Redeposit of a check which had been returned unpaid;
-
Your account has been overdrawn repeatedly (defined as those who have been overdrawn 6 or more separate, or consecutive business days) including Member Privilege activity;
-
Reasonable cause to doubt the collectability of a check;
-
Emergency conditions, such as computer/communications failure.
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. They will generally be available by the fifth business day after the day of your deposit. However, a longer hold period may apply.
If you are a new member, your checks will be held for seven business days for the first 30 days of your membership.
back to top