FUNDS AVAILABILITY

At NE CT Healthcare Credit Union, Inc., we understand the importance of having your money available to you for your use. We take this responsibility very seriously. The Credit Union offers same day or next day availability for most funds deposited with the Credit Union. US Treasury checks, US Postal Service Money Orders and Cashier checks made payable to the depositor are generally available the next business day.

 

Local Checks: $200.00 will be made available the next business day. The balance of the check will be made available the 2nd business day.

 

Non-local Checks: $200.00 of the deposit will be made available the next business day. The balance of the funds may be made available on the 5th business day after you deposit.

We reserve the right to extend the holds for 5 additional days with notice given to the member, for checks larger than $5,000.00, redeposited checks, third party checks, emergency conditions or with any reasonable doubt as to the collectability of the items deposited.

 

Full policy disclosure is available in the Credit Union office.

 

Policy approved by the NCHCCU, Inc. Board of Directors 06/29/2011