04/09/2025

Reg CC Thresholds Adjusted for Inflation

The Board of Governors of the Federal Reserve System and the Consumer Financial Protection Bureau have announced adjustments to dollar amounts to account for inflation. These changes will take effect on July 1, 2025.

Key Threshold Changes

1. Minimum Amount (12 CFR 229.10(c)(1)(vii)): $225 → $275
2. Cash Withdrawal Amount (12 CFR 229.12(d)): $450 → $550
3. New-Account Amount (12 CFR 229.13(a)(1)(ii)): $5,525 → $6,725
4. Large-Deposit Threshold (12 CFR 229.13(b)): $5,525 → $6,725
5. Repeatedly Overdrawn Threshold (12 CFR 229.13(d)(2)): $5,525 → $6,725
6. Civil Liability Amounts (12 CFR 229.21(a)(2)):
   Individual Action: $100-$1,100 → $125-$1,350
   Class Action: $552,500 → $672,950 (maximum)

What This Means for You

Financial institutions should:

1. Review their policies and procedures to ensure compliance with these new thresholds by the effective date of July 1, 2025. These adjustments aim to maintain the real value of these thresholds over time, accounting for inflation.
   
   
2. Notify their customers about the changes in their funds availability policies at least 30 days before the effective date, or no later than 30 days after the effective date for changes that expedite funds availability.

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