News - Article

The Regulation CC Funds Availability routing number guide has been revised to reflect the restructuring of the Federal Reserve Banks check processing operations. Effective February 27, 2010, all check processing operations will be transferred to the Federal Reserve Bank of Cleveland.

What this means for you. As a result of this change, checks that were considered nonlocal are now local checks subject to faster availability. Generally, the first $100 of a local check deposited into your account is available the first business day after the day of the deposit with the remaining funds available no later than the second business day after the day of deposit.

Please contact a Personal Banker at (218) 722-3445 if you have any questions regarding this change.