A1: Our general policy is to allow you to withdraw funds deposited in your account on the first business day after the day we receive your deposit. Funds from electronic direct deposits will be available on the day we receive the deposit. In some cases, we may delay your ability to withdraw funds beyond the first business day. Then, the funds will generally be available by the second business day after the day of deposit.
A2 : When a deposit is made after 3:00 it does not meet the cut off time for that day and will be processed the following business day.
Example #1 - John Doe deposits $100 on Monday at 3:30 pm. Since the deposit was after the cut off time it will be processed with Tuesday’s business.
Example #2 – John Doe deposits $100 on Friday at 3:30 pm. Since the deposit was after the cut off time it will be processed with Monday’s business. No work is processed over the weekend.