Where to find your Current and Available Balances

available balances

Both your Current Balance and Available Balance can be checked when you review your account by online banking, by mobile banking, at an ATM, by telephone, or at a branch. It is important to understand how Current Balances and Available Balances work so that you know how much money is in your account at any given time. This section explains Current and Available Balances and how they work.

Your Current Balance is:

  • your account’s balance at the start of each business day
  • plus the full amount of all credits
  • less that day’s transactions (excluding transactions that result in Debit Card Transaction Authorization Holds)

While the term “Current” may sound like an up-to-date amount in your account you can use, that is not always the case. Any holds will not appear in your Current Balance.

Your Available Balance is:

  • your account’s balance at the start of each business day
  • plus the full amount of all credits
  • less that day’s transactions
  • less all holds

 

Available Balance reflects our most current record of the amount of money in your account that is available for you to use. We use the Available Balance to authorize your transactions during the day. We also use your Available Balance to pay your items at posting. Your Available Balance (and not Current Balance) is used to determine when your account is overdrawn.

Important Note: Your Available Balance does not reflect every transaction you have initiated or previously authorized. To avoid overdrafts, it is very important for you to keep track of all transactions you have made in your account.

For example, your Available Balance does not include the following:

 

  • Available funds in a linked account under an overdraft protection plan
  • Outstanding checks and authorized automatic withdrawals (such as recurring Debit Card Transactions, transfers and ACH transactions that we have not received for payment or received too close to our processing cutoff time to include in your Available Balance).