Availability of Funds and Collection of Checks (Regulation CC) Threshold Adjustments
The Board of Governors of the Federal Reserve System (Board) and the Consumer Financial Protection Bureau (CFPB) are amending Regulation CC, which implements the Expedited Funds Availability Act (EFA Act), to adjust for inflation dollar amounts relating to availability of funds. In 2019, the Board and the CFPB finalized a rule that formally set a methodology for inflation adjustments which occur every five years.
May 13, 2024
As a result of the 21.8 percent increase in the Consumer Price Index for Urban Wage Earners and Clerical Workers between July 2018 and July 2023, the following thresholds are effective from July 1, 2025 for five years:
| Section | Threshold |
|---|---|
Minimum Amount, 12 CFR 229.10(c)(1)(vii). |
$275 |
Cash Withdrawal Amount, 12 CFR 229.12(d). |
$550 |
New-Account Amount, 12 CFR 229.13(a)(1)(ii). |
$6,725 |
Large-Deposit Threshold, 12 CFR 229.13(b). |
$6,725 |
Repeatedly Overdrawn Threshold, 12 CFR 229.13(d)(2). |
$6,725 |
Civil Liability Minimum and Maximum for Individual Action, 12 CFR 229.21(a)(2)(i). |
$125 |
Civil Liability Maximum for Class Action, 12 CFR 229.21(a)(2)(ii)(B). |
$672,950 |
June 24, 2019
As a result of the 10.5 percent increase in the Consumer Price Index for Urban Wage Earners and Clerical Workers between July 2011 and July 2018, the following thresholds are effective from July 1, 2020 for five years:
| Section | Threshold |
|---|---|
Minimum Amount, 12 CFR 229.10(c)(1)(vii). |
$225 |
Cash Withdrawal Amount, 12 CFR 229.12(d). |
$450 |
New-Account Amount, 12 CFR 229.13(a)(1)(ii). |
$5,525 |
Large-Deposit Threshold, 12 CFR 229.13(b). |
$5,525 |
Repeatedly Overdrawn Threshold, 12 CFR 229.13(d)(2). |
$5,525 |
Civil Liability Minimum and Maximum for Individual Action, 12 CFR 229.21(a)(2)(i). |
$100 |
Civil Liability Maximum for Class Action, 12 CFR 229.21(a)(2)(ii)(B). |
$552,500 |