1. Cash deposited in person
to a bank employee.
2. Electronic payments
received by the institution for deposit in an account. An electronic
payment is considered received when the institution has received
both payment in collected funds and information on the account
and the amount to be credited.
3. U.S. Treasury checks
deposited in an account held by a payee of the check. Treasury
checks deposited at an ATM owned by your bank must be accorded
next-day availability.
4. U.S. Postal Service
money orders deposited in person to a bank employee and
into an account held by the payee of the check.
5. Federal Reserve Bank
and Federal Home Loan bank checks deposited in person
to a bank employee and into an account held by the payee of
the check.
6. State or local government
checks deposited in person to a bank employee and into
an account held by the payee of the check, if your institution
is in the same state as the payer of the check.
7. Cashier's, certified,
or teller's checks deposited in person to a bank employee
and into an account held by the payee of the check.
8. Check drawn on an account
held by your institution ("on-us checks") deposited in
person to a bank employee or at on-premises ATMs or night depositories,
if the branch or branches involved are in the same state or
check-processing region.
9. The first $100 of a
deposit that is not already subject to next-day
availability must be made available by the first business day
following the day of deposit.
Exceptions: When
deposits of types 1, 4, 5, 6 and 7 are not made in person (for
example, when they are made at one of your bank's ATMs), the
funds must be made available by the second business day. Deposits,
cash or checks, made at an ATM not owned by your bank must be
made available by the fifth business day.
