Why is my check deposit being held?
Check deposits may be held to allow time for funds to clear, providing some protection for the account holder and the Credit Union from the cost of returned checks. A hold on a check is placed if the account is open for less than 30 days or based on your Instant Deposit Access threshold. You can check your Instant Deposit Access amount through the RCU mobile app. The expiration of the hold date does not ensure that the deposited item has cleared, and Members would continue to be responsible for the return of any deposited items into their accounts.
Instant Deposit Access
You can check your Instant Deposit Access within the RCU mobile app.
Select Deposit from the bottom menu, then select the Deposit To account. Your Instant Deposit Access will appear under the Amount box.
Your Instant Deposit Access amount is the amount of your day's deposit that will generally be made immediately available to you. For your convenience this Instant Deposit Access applies to deposits made via the mobile app, at any RCU or CO-OP ATM, and in branches.
Deposit amounts that exceed this limit may be placed on hold. Your Instant Deposit Access limit is based on account history and may change daily. All deposits are subject to RCU's Funds Availability Policy
Please note that availability does not guarantee that a check is legitimate or has been paid by the payor.
Review Account Holds
Most holds are either on deposited checks or merchant holds for pending transactions. You may see what funds are on hold in RCU Online banking by reviewing the Activity on the account. Holds will display at the top of the list.