Our
policy is to make funds from your cash and check deposits available to you on
the first business day after the day we receive your deposit. However, funds
from electronic direct deposits will be available on the day we receive the
deposit. Once the funds are available, you can withdraw them in cash and/or
we will use them to pay checks that you have written. For determining the
availability of your deposits; every day is a business day, except Saturdays,
Sundays, and Federal holidays. We have different deposit cut-off hours for
different locations. Our cut-off hours are as follows:
5:00
pm Main
Bank – Baraboo
5:00
pm Downtown
Branch – Monday through Thursday
6:00
pm Downtown
Branch – Friday
5:00
pm East
Branch – Monday through Thursday
6:00
pm East
Branch – Friday
6:00
pm West
Baraboo Branch
11:00
am Rock Springs Branch
– Monday through Thursday
6:00
pm Rock
Springs Branch – Friday
4:00
pm Lake Delton
National Bank – Lobby Hours
6:00
pm Lake
Delton National Bank – Drive Up Hours
6:00
pm
Reedsburg National Bank
6:00
pm
Southwest Branch
4:00
pm Bank of
Wonewoc – Monday through Thursday
6:00
pm Bank of
Wonewoc – Friday
5:30
pm Portage
National Bank – Monday through Thursday
6:00
pm Portage
National Bank – Friday
-
All
Saturday and Sunday work is processed as of the next business day.
5:00
pm Green
Lake Bank – Monday through Thursday
6:00
pm Green
Lake Bank – Friday
-
All
Saturday and Sunday work is processed as of the next business day.
5:00
pm Bank of
Fond Du Lac – Monday through Thursday
6:00
pm Bank of
Fond Du Lac – Friday
-
All
Saturday and Sunday work is processed as of the next business day.
5:00
pm
Northwoods National Bank Rhinelander
-
All
Saturday and Sunday work is processed as of the next business day.
5:00
pm Northwoods
National Bank Elcho
-
All
Saturday and Sunday work is processed as of the next business day.
6:00
pm
Northwoods National Bank Minocqua
-
All
Saturday and Sunday work is processed as of the next business day.
If you
make a deposit before our cut-off hour on a business day that we are open, we
will consider that day to be the day of your deposit. However; if you make a
deposit after our cut-off hour or on a day we are not open, we will consider
that the deposit was made on the next business day we are open.
Reservation of Right to Hold: in some cases, we will not make all of the
funds that you deposit by check available to you on the first business day
after the day of your deposit. 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. The first $100.00 of your deposit, however, may be
available on the first business day after the day of your deposit. If we are
not going to make all of the funds from your deposit available on the first
business day, we will notify you at the time you make your deposit. We will
also tell you when the 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 premises, we will mail you the notice by the business day
after we receive your deposit. If you need the funds from a deposit right
away, you should ask us when the funds will be available.
Longer Delays
May Apply
We may
delay your ability to withdraw funds deposited by check into your account an
additional number of days for these reasons:
- You
deposit checks totaling more than $5,000 on any one day
- You
redeposit a check that has been returned unpaid
- You
have overdrawn your account repeatedly in the last six months
- We
believe a check you deposit will not be paid
- There
is an emergency, such as failure of computer or communications equipment
We will
notify you if we delay your ability to withdraw funds for any of these
reasons, and we will tell you when the funds will be available. They will
generally be available no later than the eleventh business day after the day
of your deposit.
Holds On
Other Funds: if we cash a check for you that is drawn on another financial
institution, we may withhold the availability of a corresponding amount of
funds that are already in your account. Those funds will be available at the
time funds from the check we cashed would have been available if you had
deposited it. If we accept for deposit a check that is drawn on another
financial institution, we may make funds from the deposit available for
withdrawal immediately but delay your availability to withdraw a
corresponding amount of funds that you have on deposit in another account
with us. The funds in the other account would then not be available for
withdrawal until the time periods that are described elsewhere in this
disclosure for the type of check that you deposited.
