Deposit Type: Cash
Cut-Off Time: Close of business day at each branch office (Monday – Friday)

Funds deposited during a business day are available for immediate use. If the account holder logs into online banking during the same business day, the funds will show a “pending” status until overnight processing has occurred.

Deposit Type: Check
Cut-Off Time: Close of business day at each branch office (Monday – Friday)

If the account holder is depositing a Peoples Bank check, funds deposited during a business day are available for immediate use. If the account holder logs into online banking during the same business day, the funds will show a “pending” status until overnight processing has occurred.

If the account holder is depositing a check from a different financial institution, there is a minimum 1 day hold. The funds will not be reflected in the client’s online banking account until the hold has been released and the funds processed.

There may be an additional hold or dollar amount withheld from the check deposit depending on the characteristics of the transaction. If a hold is placed on an account, the customer is provided the time of deposit with a hold notice. It will state how much the hold is for and what funds will be made available, and when.

Note: Checks drawn on banks located outside of the United States are not subject to this availability Policy. Please contact your local branch regarding availability at the time you make such deposits.

Please see the Funds Availability Policy Disclosure for more information.

Through Remote Deposit Capture service in the Peoples Bank mobile app

Deposit Type: Check
Cut-Off Time: 7 p.m. EST

Deposits made before the 7 p.m. cut-off that were approved will be available at nightly processing. Deposits do not show as pending in the mobile app, but the status of the check can be viewed in the Activity Center. An email notification is sent to the email on file when the check has either been approved or declined.

There may be an additional hold or dollar amount withheld from the check deposit depending on the characteristics of the transaction. If a hold is placed on an account, the customer is provided the time of deposit with a hold notice. It will state how much the hold is for and what funds will be made available, and when.

Note: Checks drawn on banks located outside of the United States are not subject to this availability Policy. Please contact your local branch regarding availability at the time you make such deposits.

Please see the Funds Availability Policy Disclosure for more information.

Deposit Type: Electronic
Cut-Off Time: 7 p.m. EST

If the account holder is depositing funds from one Peoples Bank-owned account into another, funds deposited during a business day are available for immediate use.

If the account holder is transferring funds from an outside financial institution, there is a minimum 1 day hold. The funds will not be reflected on the client’s Peoples Bank online banking account until the hold has been released and the funds processed.

Please see the Funds Availability Policy Disclosure for more information.

Deposit Type: Electronic
Cut-Off Time: 7 p.m. EST

An ACH Direct Deposit is an electronic transfer that can deposit payroll, Social Security, retirement and other funds into your account. If the account holder logs into online banking during the same business day as the effective date of the transaction, the funds will show a “pending” status until overnight processing has occurred.

Please see the Funds Availability Policy Disclosure for more information.

Deposit Type: Cash or Check

Deposits made at a night depository are considered received when Peoples Bank removes them from the night depository. We will remove deposits no later than the next business day from time of drop off. Availability of funds depends on the type of deposit explained below.

Cash deposited during a business day are available for immediate use. If the account holder logs into online banking during the same business day, the funds will show a “pending” status until overnight processing has occurred.

If the account holder is depositing a Peoples Bank check, funds deposited during a business day are available for immediate use. If the account holder logs into online banking during the same business day, the funds will show a “pending” status until overnight processing has occurred.

If the account holder is depositing a check from a different financial institution, there is a minimum 1 day hold. The funds will not be reflected in the client’s online banking account until the hold has been released and the funds processed.

There may be an additional hold or dollar amount withheld from the check deposit depending on the characteristics of the transaction. If a hold is placed on an account, the customer is provided the time of deposit with a hold notice. It will state how much the hold is for and what funds will be made available, and when.

Note: Checks drawn on banks located outside of the United States are not subject to this availability Policy. Please contact your local branch regarding availability at the time you make such deposits.

Please see the Funds Availability Policy Disclosure for more information.

Deposit Type: Cash or Check
Cut-Off Time: 7 p.m. EST

Cash funds deposited during a business day are available for immediate use. If the account holder logs into online banking during the same business day, the funds will show a “pending” status until overnight processing has occurred.

If the account holder is depositing a Peoples Bank check or a check from a different financial institution, there is a minimum of 1 day hold. The funds will not be reflected in the client’s online banking account until the hold has been released and the funds processed.

If you make a deposit at an ATM that we do not own or operate, which are those not branded as Peoples Bank, funds from any deposits (cash and check) will be available 5 business days after the day of your deposit.

There may be an additional hold or dollar amount withheld from the check deposit depending on the characteristics of the transaction. If a hold is placed on an account, the customer is provided the time of deposit with a hold notice. It will state how much the hold is for and what funds will be made available, and when.

Note: Checks drawn on banks located outside of the United States are not subject to this availability Policy. Please contact your local branch regarding availability at the time you make such deposits.

Please see the Funds Availability Policy Disclosure for more information.

Applies to locations with a Peoples Bank Interactive Teller Machine. Click here to learn more.

Deposit Type: Cash
Cut-Off Time: Monday – Thursday: 5:30 p.m.; Friday: 6 p.m.

Funds deposited during a business day are available for immediate use. If the account holder logs into online banking during the same business day, the funds will show a “pending” status until overnight processing has occurred.

Deposit Type: Check
Cut-Off Time: Monday – Thursday: 5:30 p.m.; Friday: 6 p.m.

If the account holder is depositing a Peoples Bank check, funds deposited during a business day are available for immediate use. If the account holder logs into online banking during the same business day, the funds will show a “pending” status until overnight processing has occurred.

If the account holder is depositing a check from a different financial institution, there is a minimum of 1 day hold. The funds will not be reflected in the client’s online banking account until the hold has been released and the funds processed.

There may be an additional hold or dollar amount withheld from the check deposit depending on the characteristics of the transaction. If a hold is placed on an account, the customer is provided the time of deposit with a hold notice. It will state how much the hold is for and what funds will be made available, and when.

Note: Checks drawn on banks located outside of the United States are not subject to this availability Policy. Please contact your local branch regarding availability at the time you make such deposits.

Please see the Funds Availability Policy Disclosure for more information.

For deposits made on weekends, funds are considered deposited on Monday (the first business day).

For deposits made on federal holidays, funds are considered deposited on the next available business day (ex: Funds deposited on Labor Day [Monday] are considered deposited on Tuesday [the next available business day]). 

Please see the Funds Availability Policy Disclosure for more information.