Availability of Funds and Collection of Checks Changes Effective July 1, 2025

Important Regulation CC (Availability of Funds and Collection of Checks) Changes Effective July 1, 2025

In accordance with 12 CFR 229, Availability of Funds and Collection of Checks (Regulation CC), we are updating our Funds Availability Policy effective July 1, 2025. These changes impact when deposited funds will be available for withdrawal – increasing the amount made available to you for certain items presented for deposit.

Key Changes to Funds Availability

• The first $275 (previously $225) of a check deposit will generally be available no later than the first business day after the day of deposit.
• The threshold for large check deposits subject to extended holds has increased to $6,725 (previously $5,525).
• For new accounts, the amount of deposits available within the first business day has increased to $6,725 (previously $5,525).

These updates align with adjustments mandated by Regulation CC. Our general policy remains the same—most deposits will continue to be available on the day of deposit. However, certain check deposits may be delayed for a longer period under the following circumstances:

• We believe a check you deposited will not be paid
• You deposit checks totaling more than $6,725 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 computer or communications equipment.

More details are below in the Disclosure and Fee Schedule, included in our Member Agreement.