Funds Availability Policy
Credit Union offers same day or next day availability for most
funds deposited with the Credit Union.
The Credit Union affords same-day availability for cash deposits
and electronic fund transfers.
The Credit Union affords next business day availability
for the following funds deposited in person at teller
stations. To qualify for next-day availability, members must
deposit funds during Credit Union business hours.
for example, U.S. Treasury checks, U.S. Postal Service money
orders, checks drawn by the State or an agency of the State or a
branch of local government deposited in an account held by the
payee of the check.
i.e., Cashier’s checks, certified checks, and teller checks.
Funds deposited by mail will be available within 2 business days
following the banking day of deposit.
The Credit Union will place a hold on deposits where a forgery
or fraud is suspected.
SPECIFIC EXCEPTION HOLDS.
The Credit Union may place a specific exception hold where the
transaction involves reasonable belief that the check is
uncollectible; repeated overdrafts; new accounts; large
deposits; re-deposited items; and emergency conditions.