As the checks you write are clearing faster, your bank can still put a "hold" on your deposit--delaying your ability to use your own money. The Federal Reserve Board is now studying this problem, and your experience with a delayed deposit could help change things. Tell us about your experience!We want to hear from you. Your willingness to share your stories helps us pass laws to protect you and your family.
Read stories from individuals who have shared their stories, like:
Christopher of Brandon, OR
Bank of America is notoriously bad about holding checks & fails to notify us of insufficient funds checks until the middle of the month.
Online, by mail, phone or fax... Agencies need to hear from you!