Important Update to Our Funds Availability Policy

Effective July 1, 2025

Mid Carolina Credit Union is making changes to its Funds Availability Policy in accordance with federal regulations. These updates determine how much of a deposit is available for withdrawal and when those funds become accessible.

As always, we remain committed to keeping you informed and ensuring full transparency around how your account works.

What’s Changing?

Starting July 1, 2025, the following threshold amounts will increase:

Next Day Availability

  • Previously: $225

  • New Amount: $275

Cash Withdrawal Limit

  • Previously: $450

  • New Amount: $550

Exception Hold Amounts

These apply in situations where longer hold times may apply, such as:

  • New Accounts: Increasing from $5,525 to $6,725

  • Large Deposits: Increasing from $5,525 to $6,725

  • Repeated Overdrafts: Increasing from $5,525 to $6,725

These updated limits are designed to align with federal requirements and ensure our policies continue to support responsible, secure banking practices.

What This Means for You

These changes affect the timing of when your deposited funds become available for withdrawal. In most cases, they increase the amount accessible to you more quickly for certain types of deposits. However, some check deposits may still be subject to extended hold times. No action is required on your part. By continuing to use your MCCU accounts and deposit services on or after July 1, you agree to the revised policy terms.

Need More Information?

You can view our updated Funds Availability Policy or speak with a team member for assistance at any time.

View Funds Availability Notice

Call us at 803-432-8521
Or stop by any branch location

We appreciate your membership and your trust in us.

Mid Carolina Credit Union
Our community, our focus.

Lynn Blizzard