Included in this Notice: Changes to the Funds Availability Policy.
Effective December 9, 2019, the following changes will be made to
the Funds Availability Policy: Cut-off time for deposits.
Effectice December 9, 2019 our Funds Availability Policy will be
amended as follows:
policy is to make funds from your cash and check deposits
available to you on the first business day after the day we
receive your deposit.
However, funds from electronic direct deposits will be available
on the day we receive the deposit.
Once the funds are available, you can withdraw them in cash
and/or we will use them to pay checks that you have written. For
determining the availability of your deposits, every day is a
business day, except Saturdays, Sundays, and federal holidays.
If you make a deposit before
the end of our business day on a business
day that we are open, we will consider that day to be the day of
your deposit. However,
if you make a deposit after the end of our business day or on a day we are not open, we will consider that
the deposit was made on the next business day we are open.
*The Bank will no longer end our business day at
2:00 pm. See our Locations and Hours tab on the left.