Reg CC

Regulation CC

Regulation CC sets the rules financial institutions must follow for making check deposits available, including timelines for funds availability and when holds can be applied.

Savings Only Holds

Funding Holds

Exception Holds

Business Days

Every day is a business day except:

Business Days

A business day is considered to be all days of the week except, Saturdays, Sundays, and Federal Holidays.

Every day is a business day except:

Funding Holds

Click each card to read more information about Funding Holds

ATM deposits may be placed on a 2-business day hold, if deposited at an Ent ATM. ATM deposits made to non-Ent ATMs may be subject to a 5-business day hold. The first $275 of every deposit into a checking share made at non-Ent ATMs will be available the next business day unless they are considered a new account.

If there are any holds on funds, financial institutions are required to inform the member. This can be done by identifying the hold on the receipt or providing a Notice of Hold (found in Common Symforms).

All checks drawn off a United States Financial Institution are considered a local check. A standard two business day hold would apply.

If deposited into a checking share, checks will have the first $275 released by the next business day. Ent Credit Union will satisfy this requirement by releasing $500 the same day the check is deposited.

All accounts are considered to be "new accounts" for the first 30 calendar days after they are established. Checks will be placed on a 2 business day hold during this period.

Local Checks

Notice of Hold

Depositing into Checking Shares

New Accounts

Depositing via ATM

Every day is a business day except:

Exception Holds

Financial institutions may extend the local two-day business day check hold for any of the following reasons. Click each card to learn more.

Exception holds can be placed when computer and communications equipment fails. Example: When Symitar, Ent’s transactional platform, is down, we are unable to see accurate information regarding the member’s account(s)

The account is considered a new account. For example: Ent Credit Union may be still establishing a relationship with the individual depositing the check.

An exception hold might apply if an account has been repeatedly overdrawn within the last six months.

An Exception Hold might be applied if the individual has deposited checks that total over $6,725.

Equipment Failure

Total Check Deposits

New Account

Repeated Overdrafts

The check is being redeposited after being returned. The member may have a Substitute Check because the original check was returned due to Non-Sufficient Funds (NSF) from the payee’s account. Because this didn’t clear the first time, there may be reasonable cause to doubt collectability.

If there is a local emergency, natural disaster, or other crisis. COVID-19 was considered a natural disaster.

If Ent has reasonable cause to doubt they can collect on the check, an exemption hold can be applied. For example, if the member has several returned deposited items.

Redeposited Check

CollectibilityDoubt

Emergency

Every day is a business day except:

Savings Only Holds

A Savings-only accounts are limited-use accounts for members not qualifying for a regular membership. All checks deposited into a Savings-Only account will be held for 4 business days, with two exceptions.

"On Us" checks do not have any holds. An "On Us" check is when the check is written from another Ent account.

Payroll checks will immediately release the first $300, while the remainder will have a two-business-day hold.

On-UsChecks

Payroll Checks

Regulation CC

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