Our bank sent out a mass email stating that our
crumbs wont show in accounts until Jan 2nd.
I dont know why they’re holding out on us.....
My bank puts a 3-day hold on checks that are a mere hundred dollars, and I have been a member of this bank since the early 80’s.
I don’t know either. It is certainly odd, and if I may go so far as to say, a bit alarming.
I dont know why they’re holding out on us.....
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Well, 600 X ????? could add up to a hefty ‘bonus’ for an individual or two connected to the bank with interest etal.
I got a MASSIVE SS raise ... 27 bucks per month BUT while it is ‘nothing’ to me it sure adds up when you throw all the others etc etc etc
The way gubbiment ‘works’ (oxymoron) is like the story of the ‘crew’ pitching in to buy a boat and they figure that he who makes the most will pay the most and then a sliding down scale.
They were paying monthly and somehow the owner of the yard got a huge discount and come Christmas he decided to give each of the purchasers a present by returning 15 percent of what each had paid into.
The guys at the bottom got a little and it worked up to where the ‘top guy’ got the MOST individual ‘present’.
The others got together and said since he had the most money he should have gotten the lowest bonus so they all ganged up on him and beat him senseless.
Well, ‘Daddy Warbucks’ said “screw this”, keep what I put into it and I am bailing out (with a balance remaining)
Others were glad till the ‘readjusted’ amount each had to pay hit them the following month and 3 months later they had it all repossessed for ‘non-payment’.
Every bank’s policy is different. My Texas bank seems to post things before the fact sometimes. LOL. Maybe they just offer an advance on the deposit in anticipation of the money hitting the account. Anyway it’s a nice bank to be with.
My GF had hers deposited but not available until Jan. 4th, the day it becomes in effect.
Typically transactions don't officially take place until the first business day of the week.
I got mine via direct deposit today and my on line banking shows it pending....