Get Your Green On

Change in Funds Availability Policy

Effective July 1, 2025, your ability to withdraw funds will change to increase the amount available from checks that are placed on hold. The new amounts are summarized in this table. Additional details follow in the text below.
Amount from deposit $275
Withdrawal amount, first business day after deposit $275
Withdrawal amount, second business day after deposit $550
New account amount $6,725
Large-deposit threshold $6,725
Repeatedly overdrawn threshold $6,725
   

Effective July 1, 2025, the dollar amounts in the Puget Sound Cooperative Credit Union's Funds Availability Policy will be adjusted for inflation as required by the Expedited Funds Availability Act. The following thresholds are changing and may affect the funds available to you for certain deposits.

  • Generally, the first $275 from a deposit will be made available on the first business day after the day of your deposit. The remaining funds will be available on the second business day after the day of your deposit. For example, if you deposit $900 on Monday, $275 from the deposit is available on Tuesday. The remaining $625 is available on Wednesday.
  • We may delay the availability of your funds for any deposits over $6,725. However, the first $275 will be available on the next business after your deposit. For example, generally, if you deposit a $9,000 check, the first $275 will be available the next business day, $6,450 will be available on the second business day, and the remaining $2,275 will be available on the 7th business day.
  • We may extend the time for funds deposited by check to be available for withdrawal by cash or similar means by one extra business day. "Similar means" of withdrawal include electronic payments, cashier's checks, or certified checks. At 5:00 p.m. on the business day the funds are available, we will make $550 available for withdrawal by cash or similar means. This is in addition to the $275 available under existing rules.
  • If you have a new account with us or have repeatedly overdrawn your account in the last six months, we may delay the availability of your funds for any deposits over $6,725.  For example, generally, if you deposit a $9,000 check, $6,725 will be available on the next business day for deposits of cashier's, certified, teller's, traveler's, and federal, state and local government checks.  For other deposited items, the $6,725 will be available the second business day, and the remaining $2,275 will be available on the 9th business day after your deposit.

For more details, please review our updated Funds Availability Policy. 

By continuing to use your PSCCU accounts and deposit services on or after July 1, 2025, you agree to the amended terms.

You may read our entire Membership Account Agreement.

To receive a copy of the credit union’s Funds Availability Policy, please contact us at 425.283.5151.