In compliance with the Regulation “C” and the Expedited Funds Availability Act, the Chicago Post Office Employees Credit Union adopts the following “Funds Availability” Policy.
A. The following items are available immediately upon deposit
B. Next Day Availability Items shall include:
C. Check “holds” will be placed on items not listed above according to the following schedule.
D. Any check - other than U. S. Treasury - presented for deposit in excess of $500 must be verified PRIOR to deposit. After verification, check should be deposited and placed on “hold” for the appropriate amount of days. Any check that is less than $500 may be deposited prior to verification if there is money in the account to cover the check. That amount should be placed on “hold” until the check clears. If there is any doubt, the check should be presented to Branch Manager for disposition.
The Chicago Post Office Employees Credit Union (CPOECU) is committed to protecting your privacy. We recognize the importance of protecting the personal information of our members and of our obligation to keep the information you provide to us secure and confidential.
When you access our Web site, or use our other products or services, we and our business partners who help us deliver these products to you will have access to your personal information. As a general rule, CPOECU does not disclose to third parties private information that you submit which personally identifies you. However, there are several exceptions to this general rule which include, but are not limited to the following:
Important Information About Procedures for Opening a New Account
To help the government fight the funding of terrorism and money laundering activities, Federal law requires all financial institutions to obtain, verify, and record information that identifies each person who opens an account.
What this means for you: When you open an account, we will ask for your name, address, date of birth, and other information that will allow us to identify you. We may also ask to see your driver's license or other identifying documents.