Does the credit union put a hold on checks?
Yes. In most cases the first $225 will be available on the day of your deposit, but there are various holds set on funds depending on source, total deposited, etc. Please see our Funds Availability Policy for more details.
https://www.mitfcu.org/About/Account-Agreements-and-Disclosures/Funds-Availability-Policy.html
- When will my deposit be processed?
- Are there any types of checks that cannot be submitted with MCD?
- How can I reorder checks?
- How long should I keep the original check(s) after I scan and deposit them?
- Is there a limit on deposits with RDC in one day, or one month?