Understanding the Check 21 Law


The Check Clearing for the 21st Century Act (Check 21) went into effect in November of 2004. One of the most important changes is the reduction in float time when you write a check. There are two things you can do: make certain you have enough funds in your checking account at all times and sign up for overdraft protection---no bounced checks, no embarrassment, just peace of mind. To sign up, stop by one of our community branches or contact our Contact Center.

We urge you to familiarize yourself with Check 21. Additional information can be found at the Federal Reserve Board Web site. If you've always handled your checking account carefully, congratulations, this law will have minimal impact on you. However, if you've ever written a check expecting it to take a day or two to clear, you may need to change the way you manage your account.