Funds Availability Policy

Effective 

ESTABLISHED ACCOUNTS

Funds Available on Business Day of Deposit:

• Cash
• Electronic Funds Transfers - direct deposit, ACH Deposit
• Cashier's Check/Teller Checks/Official Checks/Certified Checks that are payable to you
• Social Security Checks/U.S. Treasury Checks
• Local Known & Established Payroll Checks
• Wire Transfers
• U.S. Postal Money Orders
• Federal/State Checks payable to you
• Checks drawn on Workers Credit Union
• Federal Reserve Bank/Federal Home Loan

Local Checks:

• 1^st Business Day after Day of Deposit - Up to $225
• 2^nd Business Day after Day of Deposit - Up to $5,525
• 5^th Business Day after Day of Deposit - Balance of Deposit > $5,525

Funds Available on 1^st Business Day After Day of Deposit:

• Business Account Check Deposit

Canadian Checks: 15^th Business Day after Day of Deposit

NEW MEMBERSHIP ACCOUNTS (FIRST 30 DAYS AFTER OPENING)

Funds Available on Business Day of Deposit:

• Cash
• Checks drawn on Workers Credit Union
• Wire Transfers
• Electronic Funds Transfers

Funds Available on 1^st Business Day After Day of Deposit:

• Cashier's Check/Teller Checks/Official Checks/Certified Checks
• U.S. Treasury/Federal/State Checks payable to you
• U.S. Postal Money Orders
• Local Known & Established Payroll Checks
• Local & Non-Local Checks - Up to $225

Local Checks:

• 1^st Business Day after Day of Deposit - Up to $225
• 5^th Business Day after Day of Deposit - Balance of Deposit

Canadian Checks: 15^th Business Day after Day of Deposit

Important Notes: Check(s) must be payable to the depositing member(s) to receive the above availability. Deposits made at a Workers Credit Union's ATM/ITM without a Video Representative after 3:00PM are considered deposits made on the next business day. All checks drawn from a Workers Credit Union account and deposited at an ITM without a Video Representative will be available next business day after day of deposit. All other checks and money orders deposited at an ITM without a Video Representative will be available on the second business day after day of deposit.