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Check Hold Funds Availability Changes Effective 7/1/2020

June 15, 2020 | Uncategorized. Share this article: ShareCheck Hold Funds Availability Changes Effective 7/1/2020 on Facebook Share Check Hold Funds Availability Changes Effective 7/1/2020 on Twitter

Effective July 1, 2020, our Funds Availability Policy will include the following two beneficial changes to you for check holds placed on a transaction account:

  1. First business day availability of funds will increase from $200 to $225; and
  2. Single day check deposits totaling $5,525 or more may be subject to delayed availability (delayed availability previously applied to checks totaling $5,000 or more)

For questions about these changes, please contact us.

A credit Union for the Public Sector - serving our members competitive rates since 1935.