IMPORTANT UPDATES TO FUNDS AVAILABILITY AND CHECK COLLECTION RULES (REGULATION CC)
To ensure continued compliance with federal banking regulations, we want to inform you of recent changes to Regulation CC (the rule governing the availability of funds and collection of checks). As part of the regular inflation adjustments required under the law, several dollar amount thresholds were increased making funds available faster than previous. These changes went into effect July 1, 2025.
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 however, most deposits will continue to be available on the day of deposit. However, certain check deposits may be delayed for a longer period if they meet certain conditions:
- We believe a check deposited will not be paid.
- Deposited checks total more than $6,725 on any one day.
- Redepositing a check that has been previously returned unpaid.
- Depositing into an account that has been repeatedly overdrawn in the last six months.
- Computer or systems failure.
For more details or information, please speak to one of our bankers. When depositing checks, please ensure you check your balance and maintain receipts.
