Answers about Funds Availability

A friend says that her bank never places a hold on her deposited checks. My bank always puts a hold on my checks. Aren't all banks supposed to use the same availability schedule?

While all national banks are subject to the same maximum hold periods established by law, each bank may make deposits available sooner. A bank can make the deposit available immediately or delay availability up to the maximum.

If you need funds from your deposit quickly, talk with the bank manager.