Check Deposits - $500 is available on the same day of deposit, with the remaining funds being available on the second business day following the deposit.
With deposits of over $5,525, the availability of funds may be delayed for a longer period of time.
Third Federal considers an individual to be a new customer during the first 30 calendar days after a checking or savings account has been opened and is subject to check holds of 10 business days for all check deposits.
After that initial time frame, Third Federal considers you to be an established customer and the check hold period for local checks decreases to two business days and five business days for non-local checks up to a maximum of $5,525.
If you have sufficient funds in a savings account with us, you have the ability to place a check hold on your savings account with us and you will have immediate access to your funds in your checking account.