Is a check issued by a credit union subject to a credit hold?

It depends upon the method of deposit. In the case of deposits made via ACH, interest accrues from the date the deposit arrives through the four-business day credit hold period after which it is credited to the account. In the case of check deposits (other than Bank Checks), no interest is accrued during the credit hold period. Bank Checks and wire transfers are credited to the account effective upon receipt and are therefore not subject to any credit hold…

The credit hold period on check deposits depends on the check currency:

• USD Checks: Funds are credited to the account after a 7 business day credit hold, with the exception of Bank Checks, which are credited immediately.
• HKD Checks: The Withdrawal Hold Period is 3 business days (you may withdraw funds after 3 business days)…

Certificates of Deposit (CDs) offered by us are not FDIC insured and are subject to the credit risk of the issuing bank…

Credit and withdrawal hold times depend on the transfer method chosen.

For example, a wire transfer will credit to the account immediately upon arrival, while there is a withdrawal hold period of three business days…