Elevate is designed to help you establish strong cashflow management skills, and there are limits in place to assist. During the first 30 days after your account is opened, you’ll be subject to some transaction limits and holds on deposited funds. After the first 30 days, hold times and transaction limits become less restrictive– and once you graduate from Elect to a regular account, you’ll have significantly more freedom.
When are deposited funds available?
|
Column heading |
First 30 days |
After 30 days |
||
|---|---|---|---|---|
|
Up to $275 |
Over $275 |
Up to $275 |
Over $275 |
|
|
Cash (ATM or in branch), direct deposit or ACH transfer |
Immediately |
Immediately |
Immediately |
Immediately |
|
Check via ATM or in branch |
Immediately |
After 9 days |
Immediately |
After 2 days |
|
|
Up to $1,000 |
Over $1,000 |
Up to $1,000 |
Over $1,000 |
|
Check via mobile deposit |
Immediately |
After 9 days |
Immediately |
After 2 days |
What are the daily limits on payments or withdrawals?
|
Column heading |
Limits |
|---|---|
|
ATM withdrawals |
Daily: $5,000 7-day rolling: $10,000 30-day rolling: $10,000 |
|
Debit card charges |
Daily using PIN: $1,510 Daily with signature: $5,000 |
|
Bill Pay |
Daily via digital banking: $2,000 30-day rolling (debits & credits): $10,000 Daily via branch: $500 to another individual or business |
|
Zelle® |
Refer to Zelle FAQ in digital banking |