Check 21 has brought about some changes, of which you need to be aware. The purpose of the new law was to introduce a new negotiable instrument called the substitute check and to improve the U.S.

The Check Clearing for the 21st Century Act (Check 21) was signed into law on October 28, 2003, and became effective on October 28, 2004. We proudly support all efforts to protect and maintain the security of our members and our country. We are simply complying with a new federal regulation that is designed to protect you from identity theft and protect the credit union from being used for criminal activity If the staff at CoastHills Credit Union asks you to provide a photo ID, the request is not meant to invade your privacy or not acknowledge you if you are a long time member. Maintain records of the information used to verify the person's identity including name, address, and their identifying means.Verify the identity of any person seeking to open an account (includes Trust, Investment, Safe Deposit, Loans and Deposit Accounts).One section of the USA Patriot Act says we must: In an effort to protect you and our country, President Bush signed the USA Patriot Act into law on October 26, 2001. On September 11, 2001, our lives changed forever because of the attacks on our country. USA Patriot Act - Uniting and Strengthening America by Providing Appropriate Tools Required to Intercept and Obstruct Terrorism If you need the funds from a deposit right away, please ask us when 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 branch premises, we will mail you the notice no later than the day after we receive your deposit. We will also tell you when the funds will be available. If we do not 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. However, the first $225 of your deposit will be available on the same business day. Depending on the type of check that you deposit, funds may not be available until the fifth business day after the day of your deposit. Longer Delays May Apply: In some cases, we will not make all of the funds that you deposit by check available to you on the same business day as the day of your deposit. Please remember that even after we have made funds available to you and you have withdrawn the funds, you are still responsible for checks that are returned to us unpaid and for any other problems involving any items you have cashed or deposited. At that time, you can withdraw the funds in cash and, in the case of Share Draft Checking accounts, we will use the funds to pay checks that you have written. Our general policy is to make funds from your deposits available to you on the same business day as the day we receive your deposit. Reg CC - Availability of Funds and Collection of Checks

Current reg cc check available