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Funds Availability Policy notice of change in terms

 

Effective February 27, 2010, Columbia Credit Union changed its Funds Availability Policy to provide members with more immediate access to funds from certain check deposits. Our general policy is to make funds available from deposits made at our branches, in person, or by mail, on the first business day that we receive your deposit. However, on a case-by-case basis and under certain exceptions, we may hold third party and similar checks longer as noted below.

Hold Type New Hold Schedule Prior Hold Schedule
Standard Hold 2 Business Days 5 Business Days
Exception Hold 7 Business Days 11 Business Days
 

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