Your credit union can opt to release funds differently for amounts above a certain dollar amount threshold (such as $5,000), on a single deposit. This affects how all deposit holds are placed, no matter how other channel-specific settings (teller, mail/direct, Remote Deposit Capture (RDC), and ATM) are configured. One place this will not be used is with National Shared Branch (COOP) transactions.

For example, if a member deposits a $17,500 check, the system could be instructed to hold the first $5,000 for three days, and the remaining amount ($12,500) for an additional four days, or a total of seven days (3+4). This $5,000 amount is configured on the Automated Holds configuration screen via the Add x days to all holds placed, by any channel, on any deposit amount above x.

Additionally, tellers will not need to calculate this longer hold, but rather the system will automatically tack on the additional hold days based on the hold the teller places on the check. The system will still handle the normal next-day (Reg CC) release as usual.