A friend says that her credit union never places a hold on her deposited checks. My credit union always puts a hold on my checks. Aren't all credit unions supposed to use the same availability schedule?

While all credit unions are subject to the same maximum hold periods established by law, each credit union may make deposits available sooner. A credit union can make the deposit available immediately or delay availability up to the maximum.

If you need funds from your deposit quickly, talk with the credit union manager prior to making your deposit.