Principal Bank Funds Availability
ATM Funds Availability
Cut off time for ATM deposits to be credited to your account on the current business day is 6 PM (Central time). Any deposit made after that time will be credited to the account on the next business day.
The first $200 of the deposit is added to the current available balance. Only $200 will be immediately available per account per day, regardless of the number of deposits made. That amount is available for use in debit card purchases and for withdrawal from an ATM.
Deposited amounts totaling less than $200 will be immediately available in their entirety. The available amount of the deposit will also be immediately available online.
ATM Deposits - example of availability of deposited dollars:
| Deposit Day, Time (Central time) | Deposit Dollars | Dollars Available Immediately[1] | Entire Deposit Available[1] |
| Monday, 2 PM | $337.50 | $200 + current available balance | Tuesday |
| Tuesday, 10 PM | $337.50 | $200 + current available balance | Thursday |
| Friday, 7 PM | $337.50 | $200 + current available balance | Tuesday |
| Sunday, 3 PM | $ 77.50 | $77.50 + current available balance | Tuesday |
In-Person Funds Availability
If you make a non-ATM deposit in person before 4:00 PM (Central Time) at Principal Bank (where available), we will consider that day to be the day of your deposit.
Federal Holidays
The Federal government observes the holidays shown below, and therefore no banking transactions will be processed by the Federal Reserve on these days. You can, however, request transactions (BillPay, transfers, ATM deposits) on these days, and they will then be processed on the next Federal business day. Remember: transactions are always available to be viewed the day following processing. For example, if you make a deposit on a Monday holiday, the transaction will be processed on Tuesday and can be viewed on your account on Wednesday.
| 2013 Federal Holidays: | |
|---|---|
| Tuesday, January 1 | New Year's Day |
| Monday, January 21 | Birthday of Martin Luther King, Jr. |
| Monday, February 18[2] | Presidents' Day |
| Monday, May 27 | Memorial Day |
| Thursday, July 4 | Independence Day |
| Monday, September 2 | Labor Day |
| Monday, October 14[2] | Columbus Day |
| Monday, November 11[2] | Veterans' Day |
| Thursday, November 28 | Thanksgiving Day |
| Wednesday, December 25 | Christmas |
