Funds Availability Policy

It is generally our policy to make members' funds available upon the same day of deposit in most cases. Funds in this category include cash, local check, electronic payments, government checks (Treasury checks, U.S. Postal money orders, Federal Reserve Bank/Federal Home Loan Bank checks, state/local government checks), verifiable cashier's checks, teller's checks, certified checks, and "on-us" checks.

Funds are considered deposited:
A.) when physically presented to and received by a teller for deposit;
B.) when received, in cases where mailed to the credit union;
C.) when removed, for deposits made at night depositories or other devices designated by the credit union.

If funds are deposited after 5:00 p.m. or on a day that we are not open, we will consider that the deposit was made on the next business day we are open.

Funds may be delayed under circumstances as applicable on a case-by-case basis and we may hold or restrict these funds subject to limits established in Regulation CC, Expedited Funds Availability Act (12 CFR 229).

Funds may be delayed generally 2 or as many as 7 business days. If the deposit is made to your Share Draft/Checking account, $200.00 will be available on the day of deposit.

Funds availability may be affected by the following circumstances:

New accounts (first 30 days);
Emergency conditions beyond our control;
Large deposits (over $5,000.00);
Re-deposited checks;
Repeated overdrafts;
Reasonable cause to doubt collectibility.

Credit union personnel will notify any member subject to a delay in the ability to withdraw funds for any reason and will be advised as to when the funds will be available.