Does the new account exception hold apply to the following types of checks?

Cashier’s, certified and teller’s checks
State and local government checks
US Treasury checks
Federal Reserve bank checks, Federal Home Loan checks and US Postal money orders

If an item deposited into a new account is subject to 229.10 next day availability requirements (i.e. cashier’s checks, U.S. Treasury Checks, State and Local government checks), the first $5,000.00 must be available on the next business day with the balance provided available on the ninth business day after the date of the deposit.

We are currently giving the balance above the 5k on next day items on the 7th day after deposit. Is 9 days Reg CC? Is thae 7 days a decision we can make as an institution?

Under the current provisions of Regulation CC, funds from those next-day items in excess of the first $5,000 have to be available by the opening of business on the 9th business day (BD) following the banking day of deposit. A bank can adopt and disclose a policy that it will make those funds available sooner than the 9th BD. However, if it discloses that funds will be available by the 7th BD, it can't hold funds longer than that.

According to reg, cc is an exception hold normally 7 or 9 days
New teller here.

Depends. If it's a new account hold on the excess over $5,000 of next-day checks, the funds are usually made available by the 9th business day. Otherwise, exception holds are typically released so that funds are available by the 7th business day. Of course, any bank can make those funds available sooner, at its discretion.

Regardless of the regulatory limits, you need to know what your bank's policy is in this regard, and adhere to it.

Does day one start on the next business day?

Let's say dep on Tues does the clock start wed as day one?

So as far as funds availability exception holds, it's ok to make it 5 days rather than 7 as long as the policy states that...is that correct? We have been considering changing our policy.

As far as the timing- the number of business days are "after the business day of deposit." So the funds have to be available by open of business (9am for us) the 7th business day after the business day of deposit. So Tues- 0, Wed 1, Thur 2, Fri 3, Mon 4 Tues 5 Wed 6 Thurs 7- Funds must be available Thursday morning.

Also, as far as changing policy- you can give availability sooner and change your policy, but keep in mind (in this example) that once you change your policy, you can't extend the hold to 7 days again.