Fed, CFPB approve Reg CC funds availability adjustments effective July 2025

Inflation adjustments in dollar amounts related to federal funds availability rules were announced Monday by the Federal Reserve Board and Consumer Financial Protection Bureau (CFPB) with a compliance date of July 1, 2025.

The rules, contained in Regulation CC, implement the Expedited Funds Availability Act (EFA Act) and the Check Clearing for the 21st Century Act (Check 21 Act). Monday’s adjustment is to satisfy an EFA Act requirement that the amounts be adjusted for inflation every five years. The agencies noted a 21.8% increase in the CPI-W between July 2018 and July 2023.

“These changes in Regulation CC include the minimum amount of deposited funds that banks must make available for withdrawal by opening of business on the next day for certain check deposits as well as the amount of funds deposited by certain checks in a new account that are subject to next-day availability,” the agencies said in a joint release.

Regulation CC’s Subpart B implements the requirements set forth in the EFA Act regarding the availability schedules within which banks must make funds available for withdrawal, exceptions to those schedules, disclosure of funds availability policies, and payment of interest.

Specified dollar amounts affected include:

  • the minimum amount – currently $225 – of deposited funds that banks must make available for withdrawal by opening of business on the next day for certain check deposits (“minimum amount”);
  • the amount – currently $450 – a bank must make available when using the EFA Act’s permissive adjustment to the funds-availability rules for withdrawals by cash or other means (“cash withdrawal amount”);
  • the amount of funds – currently $5,525 – deposited by certain checks in a new account that are subject to next-day availability (“new-account amount”);
  • the threshold – currently $5,525 – for using an exception to the funds-availability schedules if the aggregate amount of checks on any one banking day exceeds the threshold amount (“large-deposit threshold”);
  • the threshold – currently $5,525 – for determining whether an account has been repeatedly overdrawn (“repeatedly overdrawn threshold”); and
  • the civil liability amounts for failing to comply with the EFA Act’s requirements.

The civil liability amounts referenced above, according to the final rule summary, are currently set at “not less than $100 nor greater than $1,100” for an individual action and “not more than $552,500 or 1 percent of the net worth” of a depository institution for a class action.

The notice states that as a result of the 21.8% increase in the CPI-W between July 2018 and July 2023, all thresholds but the “minimum” amount will rise as of July 1, 2025.

Agencies announce inflation-adjusted dollar thresholds for Regulation CC funds availability

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