SAVINGS BONDS WILL NO LONGER BE SOLD AT FINANCIAL INSTITUTIONS
Treasury to End Over-the-Counter Sales of Paper U.S. Savings Bonds; Action will save $70 million over first five years.
Click here to learn more.....
NEW ATM ACCEPTS DEPOSITS
We are pleased to announce that our new ATM accepts deposits. Click here to review "Your Ability to Withdraw Funds".
The Expedited Funds Availability Act (Act) sets forth requirements for the minimum amount of a check deposit that must be available for withdrawal by the following business day. An amendment to the Act provides that this minimum amount must be increased from $100.00 to $200.00. Effective July 21st, 2011, Shoreline Federal Credit Union Funds Availability Policy Disclosure is amended as follows:
RESERVATION OF RIGHT TO HOLD — In some cases, we will not make all of the funds that you deposit by check available to you on the same business day we receive your deposit. Funds may not be available until the second business day after the day of your deposit. However, the first $200.00 of your deposit will be available on the first business day after the day of your deposit. If we are not going to make all of the funds from your deposit available on the same business day, we will notify you at the time you make your deposit. We will also tell you when the funds will be available. If your deposit is not made directly to one of our employees or if we decide to take this action after you have left the premises, we will mail you the notice by the next business day after we receive your deposit. If you will need the funds from a deposit right away, you should ask us when the funds will be available.