Important Regulation CC Changes

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