| Deposit Type | Standard Availability | New Account Exception Hold (Account open less than 30 days) | Large Deposit Exception Hold | Re-deposited Check Exception Hold |
|---|---|---|---|---|
| Cash deposited in person or Electronic deposits | No later than next business day after day of deposit | No later than next business day after day of deposit | No later than next business day after day of deposit | No later than the next business day after day of deposit for electronic items |
| Cash not deposited in person | No later than 2nd business day after day of deposit | No later than next business day after day of deposit | No later than next business day after day of deposit | N/A |
| US Treasury Checks, US Postal Money Orders, Federal Reserve Checks, Federal Home Loan Bank Checks, PA State or local government checks, Cashier's Certified or Teller's Checks and on-us checks | No later than next business day after day of deposit *If not made in person the first $225 must be available no later than the 2nd business day after the day of the deposit. **(US Treasury and "on us" checks are always available no later than next business day after day of deposit) |
Standard Availability on amounts up to $5,525 - Amounts > $5,525 must be available no later than 9th business day after day of deposit *If not made in person amounts up to $5,525 must be available no later than the 2nd business day after the day of deposit |
Standard Availability on amounts up to $5,525 for balance in excess of $5,525 must be available no later than the 7th business day after day of deposit
*If not made in person amounts up to $5,525 must be available no later than the 2nd business day after the day of the deposit. | If returned for lack of endorsement or postdated and that is corrected - no hold for any other reason - no later than 7th business day after day of deposit |
| All other Checks | 1st $225 no later than next business day after the day of deposit and the balance no later than 2nd business day after day of deposit | No later than 9th business day after day of deposit | Standard Availability on amounts up to $5,525 - No later than the 7th business day after day of deposit on amounts > $5,525 | If returned for lack of endorsement or postdated and that is corrected - no hold. For any other reason - no later than 7th business day after day of deposit |
| Service | Repeated Overdrafts Exception Hold | Reason to Doubt Collectibility Exception Hold | Emergency Conditions Exception Hold |
|---|---|---|---|
| Cash deposited in person or Electronic deposits | No later than next business day after day of deposit | No later than next business day after day of deposit | May be held until a reasonable period of time after emergency has passed |
| Cash not deposited in person | No later than the next business day after day of deposit | No later than the next business day after day of deposit | May be held until a reasonable period of time after emergency has passed |
| US Treasury Checks, US Postal Money Orders, Federal Reserve Checks, Federal Home Loan Bank Checks, PA State or local government checks, Cashier's Certified or Teller's Checks and on-us checks | No later than 7th business day after day of deposit | No later than 7th business day after day of deposit | May be held until a reasonable period of time after emergency has passed |
| All other Checks | No later than 7th business day after day of deposit | No later than 7th business day after day of deposit | May be held until a reasonable period of time after emergency has passed |
PALCO ATM deposits - no later than the 2nd business day after the day of deposit. Non-PALCO ATM deposits - no later than the 5th business day after the day of deposit.
"Business day" means any calendar day other than Saturday or Sunday or Federally observed holidays. All "Exception Holds" require member notification at the time of deposit. (or in the mail within 24 hours of deposit)