Deposit Cut Off Times

Deposited funds (cash, check, electronic credits, etc.) are reflected in the accountholder's available* balance based on the type of deposit and how the deposit is made. The following chart may help you understand the daily cut-off times for different deposit types.

Where Deposit is Made

Type of Deposit

Cut-off time for deposits
(in order to post for same business-day credit)

Deposit is handed to a teller in a TowneBank office Cash/Check Close of business at each branch office (Monday-Friday).
Deposit made in the Night Depository Cash/Check 7:00 a.m. (Monday-Friday, excluding holidays)
Direct Deposits Electronic Deposits Posted throughout the business day (as received) until close of business.
Online Banking transfers to TowneBank account through Towne-Personal, Towne-Biz & Towne-Biz Plus Electronic Credits 8:00 p.m. (Monday-Friday, excluding holidays)
Mobile Deposits Checks 6:00 p.m. (Monday-Friday, excluding holidays)
TowneBank ATMs Cash & Checks 7:00 p.m. (Monday-Friday, excluding holidays)
Deposit Wizard (Business Members Only) Checks 6:00 p.m. (Monday-Friday, excluding holidays)
 Note: Funds initiated by a payment service to your TowneBank account are subject to the payment provider's cut off times.