On Wednesday, July 1st, changes to Regulation CC will go into effect. These changes will include an inflation adjustment to the amount the credit union must release the next day, which will increase from $200 to $225 for deposit items. CU*Answers will be implementing a programming change the morning of July 1st to coincide with this.
For additional details, click here to visit the Consumer Financial Protection Bureau website. If you have any questions, please reach out to the AuditLink team.