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The amount available for withdrawal for checks not subject to next day availability will increase from $200 to $225 and the amount available for withdrawal on exception holds for large deposits and new accounts not subject to next day availability will increase from $5,000 to $5,525. Additionally, the threshold for determining a repeat overdraft will also increase from $5,000 to $5,525.
For more information please refer to our “Truth In Savings” disclosure under ‘DISCLOSURE OF DELAYED AVAILABILITY OF DEPOSITED FUNDS‘ on page 11
Truth In Savings