How long does it take for the hold to be released on an ATM deposit?
The cut-off for holds on ATM deposits is 7:00pm. So if a deposit is made before 7:00pm, the hold will be released at 2:00pm the next business day, but if the deposit is made after 7:00pm, the hold will be released on the second business day. For example, if you made a deposit in the ATM on Friday before 7:00pm, there would be a hold placed on the deposit until 2:00pm on Monday. If you made the deposit on Friday after 7:00pm, the hold would not be released until 2:00pm on Tuesday. If the Monday following a Friday deposit was an official holiday, the hold would not be released until 2:00pm on Tuesday (if the deposit was made before 7:00pm) or 2:00pm on Wednesday (if the deposit was made after 7:00pm).
