Change in our Funds Availability Policy
When you opened your account with us, you received our Funds Availability Policy which identified when items deposited to an account become available to be withdrawn in cash and to pay checks that you have written. Because of changes in the manner the Federal Reserve System processes checks, we are required to amend our Funds Availability Policy. The effect of this amendment is that in some instances checks presented for deposit may be available to you more quickly than would have occurred previously, in no instance will the changes result in availability being delayed longer.
Effective February 27, 2010, the term "local check" as used in our Funds Availability Policy is defined to mean checks payable by or at or through a bank located in the United States.
