July 2025 Reg CC Funds Availability
IMPORTANT UPDATE EFFECTIVE JULY 1, 2025
The Consumer Financial Protection Bureau (CFPB) and the Federal Reserve Board jointly adjusted dollar amounts for inflation relating to the availability of accountholder funds. These Regulation CC changes include the minimum amount of deposited funds that financial institutions must make available for withdrawal by opening of business on the next day for certain check deposits, as well as the amount of funds deposited by certain checks in a new account 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 members 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.
Key Changes to Funds Availability
- The first $275 (previously $225) of a check deposit will generally be available no later than the first business day after the day of deposit.
- The threshold amounts that apply to the following will increase to $6,725 (previously $5,525):
- New Accounts
- Large Deposits
- Repeatedly Overdrawn Accounts
For more details, please review our updated Funds Availability Policy Disclosure, effective July 1, 2025.
By continuing to use your BHCCU accounts and deposit services on or after July 1, 2025, you agree to the amended terms.