Deposits Topics

Funds Availability Act

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Funds Availability Act

We evaluate the institution’s policies, procedures, and processes to determine compliance with the requirements Funds Availability Act. Specifically,

  • funds availably policy disclosure,
  • new account opening disclosure,
  • deposit slip notices,
  • changes in policy,
  • case-by-case holds,
  • exception hold notice requirements,
  • payment of interest, and
  • substitute checks.

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