Funds Availability Schedule

Your ability to withdraw funds at the White River Credit Union, 96 North Main Street, Rochester, Vermont 05767 or 330 Main Street, Bethel, Vermont 05032.

Our Policy is to make funds from your deposits available to you on the first business day after the day we receive your deposit. At that time, you can withdraw the funds and we will use the funds to pay checks that you have written.

For determining the availability of your deposits, every day is a business day, except Saturdays, Sundays, and federal holidays. If you make a deposit before 5 p.m. (6 p.m. Friday), we will consider that day to be the first business day of your deposit. However, if you make a deposit after 5 p.m. (6 p.m. Friday) or on a day we are not open, we will consider that the deposit was made on the next business day we are open.

Longer Delays May Apply:

In some cases, we will not make all of the funds that you deposit by check available to you on the first business day after the day of your deposit. Depending on the type of check that you deposit, funds may not be available until the seventh business day after the day of your deposit. However, the first $100 of your deposit will be available on the first business day.

If we are not going to make all of the funds from your deposit available on the first business day, we will notify you at the time you make your deposit. We will also tell you when the funds will be available. If your deposit is not made directly to one of our employees, or if we decide to take this action after you have left the premises, we will mail the notice by the day after we receive your deposit.

Funds you deposit by check may be delayed for a longer period under the following circumstances:

a. We believe a check you deposit will not be paid.
b. You deposit checks totaling more than $5,000 on any one day.
c. You deposit a check that has been returned unpaid.
d. You have overdrawn your account repeatedly in the last six months.
e. There is an emergency, such as failure to communications or computer equipment.

We will notify you if we delay your ability to withdraw funds for any of these reasons, and we will tell you when the funds will be available. They will generally be available no later than the third business day after the day of your deposit.

Funds Availability Schedule

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