Revised: December 2021 | Effective: December 29, 2021

Determining the Availability of a Deposit

This Notice describes your ability to withdraw funds at Skyline Financial Federal Credit Union (SFFCU). It only applies to the availability of funds in transaction accounts. The Credit Union reserves the right to delay the availability of funds deposited to accounts that are not transaction accounts for periods longer than those disclosed in this policy. Please ask us if you have a question about which accounts are affected by this policy.

For determining the availability of your deposits, every day is a business day, except Saturdays, Sundays, and federal holidays. If you make a deposit on a day we are not open, we will consider that the deposit was made on the next business day we are open.

Deposit Availability

Type of deposit	Funds will be available
Cash	Same-Day
Direct Depost and other electronic credits	Same-Day
Wire Transfers	Same-Day
Personal Checks	Amounts up to $225 -- Same Day Amounts between $226 - $5,525 -- Next Business Day Amounts in excess of $5,525 -- 7th Business Day
Other checks deposited by ATM owned by SFFCU	Amounts up to $225 -- Same Day Amounts between $226 - $5,525 -- Next Business Day Amounts in excess of $5,525 -- 7th Business Day
Government Checks – i.e., 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.	Amounts up to $5,525 – Same Day Amounts in excess of $5,525 -- 7th Business Day
Depository Checks - i.e., Travelers Cheques, cashier's checks, certified checks, and money orders.	Amounts up to $5,525 – Same Day Amounts in excess of $5,525 -- 7th Business Day
Checks on Us - i.e., checks drawn against accounts of SFFCU with sufficient funds.	Amounts up to $5,525 – Same Day Amounts in excess of $5,525 -- 7th Business Day
SFFCU will place a hold on deposits where evidence suggests a forgery or fraud	Case-By-Case Holds

Deposit Availability with Specific Exception Holds

Type of deposit	Funds will be available
We believe a check you deposit will not be paid	Longer Delays May Apply
You deposit checks totaling more than $5,525 on any day	Longer Delays May Apply
You deposit a check that has been returned unpaid	Longer Delays May Apply
You have overdrawn your account repeatedly in the last six (6) months	Longer Delays May Apply
There is an emergency, such as failure of communications or computer equipment	Longer Delays May Apply
New accounts - Less than 30-days old	Longer Delays May Apply
Large Deposits Exceeding $5,525	Longer Delays May Apply