Important Funds Availability Policy Updates – Effective July 1, 2025
In accordance with changes to Regulation CC (12 CFR 229)—the federal rule governing the Availability of Funds and Collection of Checks—Power Credit Union is updating our Funds Availability Policy, effective July 1, 2025.
These changes are designed to provide greater access to deposited funds and reflect federally mandated threshold adjustments.
What’s Changing?
Increased Early Availability
-
The first $275 of any check deposit (up from $225) will generally be available no later than the first business day after the day of your deposit.
Higher Large Deposit Thresholds
-
The threshold for extended holds on large deposits increases to $6,725 (previously $5,525).
-
New accounts will also have $6,725 available by the first business day (previously $5,525).
When Can Deposits Be Delayed?
While most deposits remain available the day they are made, a hold may apply under the following conditions:
-
We believe a deposited check may not be paid
-
You deposit checks totaling more than $6,725 in one day
-
You redeposit a check that was previously returned unpaid
-
Your account has been repeatedly overdrawn in the past six months
-
Emergency situations such as system or communications failure
What This Means for You
These changes will go into effect July 1, 2025. By continuing to use your Power Credit Union accounts and deposit services after this date, you agree to the updated terms in our Funds Availability Policy.
For questions, please contact our team or visit your nearest branch.
