I realize that Reg CC holds do not apply to Savings Accounts; however,when we do place a hold on a savings we don't have a specific form that we use. What we usually do is to use a Reg CC form and write across it "Not a Reg CC hold". Does anyone have a form they would be willing to share with me on savings holds? I hate to recreate something if someone already has one that works. Thanks

We use the Reg CC hold forms and the same timeframes. The clearing times are the same and this makes it easier operationally on the tellers and new accounts. The risk isn't any greater on savings as on DDA so we feel the hold times do not need to be longer than DDA.

We also use the same form as for checking accounts. Makes is much easier for front line staff and customers as they only see one form.

Opinions are mine and mine alone.

Take a look at the form you use for exception holds. If it's based on the model, it will have a check box, "Other." Just write "savings account" next to that box - don't embellish.

As a matter of courtesy, I think it is important to give the customer the written notice. However, I would pointedly mention that there is no applicable record retention requirement; I would destroy the bank's copy at the end of the hold period.