CASH, CHECK POLICY QUESTIONS

  1. What is the daily cash withdrawal limit at teller windows?

  2. What is your policy on check holds?

  3. What is your policy on ATM deposit holds?

  4. What is the daily cash withdrawal limit at your ATMs?

What is the daily cash withdrawal limit at teller windows?

Our policy is to limit cash withdrawals and check cashing to a maximum of $2,000 per member per visit. If you require more than $2,000 in cash, we request that you arrange with a teller or account representative one business day in advance.

What is your policy on check holds?

Any deposit item may be subject to a hold. If a check is put on hold, our standard holds are:

Local checks 2 business day hold
Non-local checks 5 business day hold

Checks received on new accounts may be subject to a 5 business day hold. We will consider the check local if it clears through our local Federal Reserve branch and non-local if it clears outside of our local Federal Reserve branch.

What is your policy on ATM deposit holds?

We are placing a two-day hold on some deposits at UMCU-owned ATMs and a five-day hold on some deposits at non-UMCU owned ATMs.

What is the daily cash withdrawal limit at your ATMs?

The daily limit at ATMs is $500.

 
NCUAYour savings federally insured to at least $100,000 and backed by the full faith and credit of the United States Government
National Credit Union Administration, a U.S. Government Agency
Equal Housing Lender We do business in accordance with the Federal Fair Housing Law and the Equal Credit Opportunity Act.