Check Holds

Select the deposit items that are subject to no hold availability. (Select all that apply.)

• U.S. Treasury Checks

• Traveler's Checks

• Insurance Checks

• Cashier's Checks

Please select the two types of checks that are always placed on hold.

• Insurance Check

• Traveler's Check

• Temporary Check

• Credit Card Advance Checks

A new member would like to open their account with a $1,000 personal check from their account at another financial institution. How many days, if any, will you place the check on hold?

• 2 business days

• 7 business days

• 9 business days

• None, since they are using the funds to open the account

These allow card holders to process cash advances without having the card present with them.

• Credit Card Checks

• Traveler's Checks

• Temporary Checks

• Insurance Checks

If you select Check - Existing Member - Local, the check will be held for how many business days?

• 5

• 7

• 2

• 9

If you select Check - Existing Member - Safeguard, the check will be held for how many business days?

• 5

• 2

• 9

• 7

If you select Check - New Member, the check will be held for how many business days?

• 9

• 7

• 5

• 2

True or False? You have to let the member know if you will be placing a hold on a check.

• True

• False

True or False? Due to the large amount of fraud associated with Cashier's or Certified Checks, you should always try to call to verify that they are valid.

• True

• False

How long do we generally hold temporary checks?

• 2 business days

• 7 business days

• 9 business days

• We do not place holds on temporary checks