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.
In honor of Independence Day, we will be closed on Friday, July 4.
We will be open with regular service hours on Thursday, July 3.
En honor al día de la independencia de los Estados Unidos, permaneceremos cerrados el martes, 5 de viernes.
Estaremos de vuelta con nuestro horario regular el día míercoles, 3 de julio.
FDIC-Insured - Backed by the full faith and credit of the U.S. Government
FACTS | WHAT DOES SIGNATURE BANK OF ARKANSAS DO WITH YOUR PERSONAL INFORMATION? |
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Why? | Financial companies choose how they share your personal information. Federal law gives consumers the right to limit some but not all sharing. Federal law also requires us to tell you how we collect, share, and protect your personal information. Please read this notice carefully to understand what we do. |
What? | The types of personal information we collect and share depend on the product or service you have with us. This information can include:
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How? | All financial companies need to share customers' personal information to run their everyday business. In the section below, we list the reasons financial companies can share their customers' personal information; the reasons Signature Bank of Arkansas choose to share; and whether you can limit this sharing. |
Reasons we can share your personal information | Does Signature Bank of Arkansas share? | Can you limit this sharing? |
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For our everyday business purposes-such as to process your transactions, maintain your account(s), respond to court orders and legal investigations, or report to credit bureaus | Yes | No |
For our marketing purposes-to offer our products and services to you | Yes | No |
For joint marketing with other financial companies | No | We don't share |
For our affiliates' everyday business purposes-information about your transactions and experiences | No | We don't share |
For our affiliates' everyday business purposes-information about your creditworthiness | No | We don't share |
For nonaffiliates to market to you | No | We don't share |
Questions? | Call 877-888-8550 or go to any Signature Bank of Arkansas, Banco Sí!, or Bank of Brinkley location. |
Who we are | |
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Who is providing this notice? | Signature Bank of Arkansas |
What we do | |
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How does Signature Bank of Arkansas protect my personal information? | To protect your personal information from unauthorized access and use, we use security measures that comply with federal law. These measures include computer safeguards and secured files and buildings. |
How does Signature Bank of Arkansas collect my personal information? |
We collect your personal information, for example, when you
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Why can't I limit all sharing? |
Federal law gives you the right to limit only
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Definitions | |
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Affiliates | Companies related by common ownership or control. They can be financial and nonfinancial companies.
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Nonaffiliates | Companies not related by common ownership or control. They can be financial and nonfinancial companies.
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Joint marketing | A formal agreement between nonaffiliated financial companies that together market financial products or services to you.
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Other Important Information |
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All nonaffiliated companies that act on our behalf and receive customer information from us are contractually obligated to
Mobile Banking PrivacyPrivacy PolicySignature Bank of Arkansas is committed to safeguarding your privacy and ensuring the security of your personal information. This Privacy Policy outlines how we collect, use, and disclose your data when you use our banking app available on Google Play and the Apple Store. By using our app, you consent to the practices described in this policy. Information We Collect
How We Use Your Information
Your ChoicesYou have the right to grant or revoke access to your camera, images, and contacts at any time through your device’s settings. Please be aware that revoking access to certain features may limit the functionality of our app. Changes to this PolicyWe may update this Privacy Policy to reflect changes in our practices or applicable laws. Any updates will be posted on our website or within our app. Please review this policy periodically to stay informed about how we handle your data. By using our app, you acknowledge and agree to the terms outlined in this Privacy Policy. |