First financial credit union mobile deposit funds availability

First Financial CU’s mobile banking is your secure, fast and convenient access to the credit union while you’re on the go. Easily view balances and transactions, move money between accounts, or even open up new ones.

Table of Contents Show

Policy Statement
Ability to Withdraw Funds
Longer Delays May Apply
Deposits at Automated Teller Machines (ATMs)
New Accounts
How long does it take for a check to clear at First Financial Bank?
How do I do mobile deposit with First Financial Credit Union?
How much can I mobile deposit First Financial Bank?
Are mobile deposit funds available immediately?

With a First Financial Checking Account, you also gain access to our free Bill Pay and Pay Anyone services, which let you quickly pay your bills and send money to friends and family.

You can sign in to Mobile Banking from your browser, or download the First Financial CU app to get the additional perk of Mobile Deposit, helpful links, and quick access to current offers and news.

Mobile Banking Functions	Features
Remote Deposit	Quick and secure, mobile deposit capture lets you deposit your checks in the convenience of your home, work, or on the go! Just snap a picture of your endorsed check, and we’ll get the funds into your linked account before the end of the next business day.
Text Banking	Allows you to conveniently receive banking information for up to three savings and/or checking accounts with real time alerts from FFCU on any phone that can receive text messaging.
View Account Details, History & Transactions	Using the mobile app and It's Me 247 online banking, you can access all the details of your accounts right from your mobile device.
Account Transfers	Move your money around between accounts as you please.
eStatements	Receive paperless bank statements through It's Me 247 online banking
Reminders & Alerts	Through It's Me 247 customize what, how and when you would like to receive your banking notices
Online Bill Pay	Manage your payments by choosing the account you are paying from and entity you are paying.
Apply for a Loan	Apply and get approved for a loan right from your mobile device. Fill out the loan form and set up a loan remotely
Open a CD or Savings	Open a fixed savings account that earns interest based on your balance and the term of the account

Policy Statement

It is the policy of First Federal Credit Union (“Credit Union”) to make funds from your cash and check deposits available to you immediately. At that time, members can withdraw the funds in cash and we will use the funds to pay checks that the member may have written.

Ability to Withdraw Funds

For determining the availability of deposits, every day is a business day. If a member makes a deposit in a branch office before closing on a business day that we are open, we will consider that day to be the day of the deposit.

If we cash a check for a member that is drawn on another bank, we may withhold the availability of a corresponding amount of funds that are already in your account. Those funds will be available at the time funds from the check we cashed would have been available if you had deposited it.

If we accept for deposit a check that is drawn on another bank, we may make funds from the deposit available for withdrawal immediately but delay the availability to withdraw a corresponding amount of funds that the member may have on deposit in another account with us. The funds in the other account would then not be available for withdrawal until the time periods that are described elsewhere in this disclosure for the type of check that you deposited.

Longer Delays May Apply

Case-by-Case Delays

In some cases, we will not make all of the funds that are deposited by check immediately available. Depending on the type of check that is deposited, funds may not be available until the third business day after the day of the deposit. The first $225 of the deposit, however, will be available immediately.

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

Safeguard Exceptions

In addition, funds that are deposited by check may be delayed for a longer period under the following circumstances:

We believe a check deposited will not be paid.
Checks totaling more than $5,000 on any one day.
A check redeposited has been returned unpaid.
The member has overdrawn repeatedly in the last six months.
There is an emergency, such as failure of computer or communications equipment.

Members will be notified if we delay the ability to withdraw funds for any of these reasons, and we will tell the member when the funds will be available. They will generally be available no later than the seventh business day after the day of the deposit

Deposits at Automated Teller Machines (ATMs)

If a deposit is made at an ATM we will consider that day to be the day of your deposit. However, if a deposit is made at an ATM after 10:00 P.M. or on a day we are not open, we will consider that the deposit was made on the next business day we are open.

Funds from any deposits (cash or checks) made at automated teller machines (ATMs) will not be available until the third business day after the day of your deposit.

New Accounts

Items deposited into a new checking account less than 30 days old may be held as protection against new account fraud.

The first $5,000.00 from a deposit of U.S. Treasury checks will be available on the first business day after the day of deposit. The excess over $5,000.00 will be available no later than the ninth business day after the day of deposit. Funds from wire transfer into an account will be available on the first business day after the day received.
Funds from deposits of cash and first $5,000 of a day’s total deposits of cashier’s, certified, teller’s traveler’s and state and local government checks will be available on the first business day of deposit if the deposit meets certain conditions. The checks must be payable to the member. The excess over $5,000.00 will be available no later than the ninth business day after the day of deposit. If the deposit is not made in person directly to a Credit Union employee the first $5,000.00 will be available no later than the eleventh business day after the day of deposit.

Notices

Members will be provided a clear and conspicuous notice, in writing, of the Credit Union’s funds availability policies. Such notice will be provided prior to account opening and contain all information as required by Regulation CC.
The Credit Union will post in a conspicuous place at each location where deposits are accepted, a funds availability notice that describes the time periods applicable to the availability of funds.
A notice will be posted at each of the Credit Union’s ATM locations indicating that funds deposited in the ATM may not be available for immediate withdrawal.
The Credit Union will send a clear and conspicuous notice to members at least 30 days in advance of a change in terms, other than a change that expedites funds availability. If the change expedites the availability of funds, then the disclosure will be made no later than 30 days after implementation of the change.

How long does it take for a check to clear at First Financial Bank?

Personal Check Deposits The first $200.00 from the aggregate of deposits will be available immediately (per day). The remaining funds will be available on the second (2nd) business day after the day of your deposit.

How do I do mobile deposit with First Financial Credit Union?

Easily and Safely Deposit Checks from any Mobile Device!.

Sign the back of the check and write. for Mobile Deposit Only. ... .

Select the account to deposit and the amount..

Select the camera feature in the Mobile App to take a picture of the check (front and back).

How much can I mobile deposit First Financial Bank?

Our Snap Deposit solution allows you to make check deposits to any of your qualifying checking, savings, and money market accounts right through the First Financial mobile app. Up to $225 of your deposit may be available if deposited by 8:30 pm ET on a business day.

Are mobile deposit funds available immediately?

Unless a hold is placed, deposits on a business day before cutoff time will be processed that night and are generally available the next business day.

financial credit union mobile deposit funds availability