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IMPORTANT UPDATE EFFECTIVE JULY 1, 2025
The Consumer Financial Protection Bureau (CFPB) and the Federal Reserve Board jointly adjusted threshold amounts for inflation relating to the availability of accountholder funds. These Regulation CC changes include the minimum amount of funds deposited that financial institutions must make available for withdrawal by the beginning of the next business day for certain check deposits, as well as the amount of funds deposited by certain checks in new accounts that are subject to next-day availability.
What is Reg CC and Why Does it Matter?
Reg CC aims to speed up the check-clearing process and ensure customers have timely access to their deposited funds. It sets specific timeframes for when funds must be made available, depending on the type of deposit (cash, checks, electronic transfers) and the location of the paying bank.
The chart below lists the inflation-adjusted dollar thresholds for Reg CC funds availability requirements. The changes are effective July 1, 2025.
Funds Availability Policy – Change In Terms
Effective July 1, 2025, Your Ability to Withdraw Funds Policy will change to increase the amount available from checks that are placed on hold.
Minimum Amount from Deposit: $275
Cash Withdrawal Amount: $275/$550
New Account Amount: $6,725
Large-Deposit Threshold: $6,725
Repeatedly Overdrawn Threshold: $6,725
Why did this change?
Due to the Expedited Funds Availability Act for inflation approved in 2020, the policies and regulations set forth by the Federal Reserve and the CFPB will be adjusted every 5 years.
Here’s what you need to know:
Checks you deposit: The first $275 will be available the next business day. The rest will be available on the second business day.
Example: If you deposit a $700 check on Monday, $275 will be available on Tuesday, and the remaining $425 on Wednesday.
Cash withdrawals from deposits: You can withdraw up to $275 in cash on the same business day as your deposit.
Larger check deposits: If you deposit checks totaling more than $6,725 in one day, the amount over $6,725 may take up to nine business days to be fully available.
Electronic deposits (direct deposit, wires, etc.): Funds will be available on the next business day.
Government & cashier’s checks: The first $6,725 will be available the next business day if certain conditions are met (e.g., the check is payable to you). Any amount over this limit will be available on the ninth business day.
FDIC-Insured - Backed by the full faith and credit of the U.S. Government
At Signature Bank of Arkansas, we offer a wide variety of options to fit any situation. Let our mortgage specialists customize a loan to meet your needs.
Fixed Rate Home Loans
A loan to purchase or refinance a residential dwelling that will be secured by a mortgage on the property. These loans have a set interest rate and are commonly made for a longer period of time. Fixed rate home loans are for customers who prefer to know exactly what their payment will be for the life of the loan.
Adjustable Rate Home Loans
A loan to purchase or refinance a residential dwelling that will be secured by a mortgage on the property. Generally these loans carry a slightly lower rate initially than fixed rate home loans, though they can increase. These loans might be preferable for buyers who plan to only own the property for a short time.
Residential Rental Property
A loan to purchase or refinance a residential dwelling that will be used as rental property. These loans can have a fixed or adjustable interest rate, and are usually made for a longer period of time.
Interest Only/Specialized Home Loans
A loan to purchase or refinance a residential dwelling that will be secured by a mortgage on the property. These loans can be interest-only loans, no money down, or government program loans. Please consult one of our mortgage originators to see which product is best for you.
Bring even your loftiest goals within reach. Use your existing home to make that big purchase, start those renovations, pay off those credit card bills, or just about anything else. At Signature Bank of Arkansas, we can help you get the cash you need. Our home equity loans offer competitive rates and flexible terms to keep your payments affordable. The interest you pay may even be tax deductible!
You may be good with a hammer, but if you’re thinking of building your dream home, we suggest going with professionals. And for the financing to pay them, come to Signature Bank. We’ve been helping people finance their home construction, from drawing up the blueprints to move-in day. And because we’re based right here in Arkansas, we can get you quick decisions and full personal service every step of the way!
Home Mortgage Disclosure Act Notice
The HMDA data about our residential mortgage lending is available online for review. The data shows geographic distribution of loans and applications; ethnicity, race, sex, age, and income of applicants and borrowers; and information about loan approvals and denials. This data is available online at the Consumer Financial Protection Bureau’s website. HMDA data for many other financial institutions is also available at the website.