From Jim Bedsol's first post, "But keep in mind, Reg CC came about because lenders were haphazard in their application of check deposit holds and in many cases were holding items far longer than appropriate for the risk exposure. We brought Reg CC on ourselves and if we aren't careful, we will wind up with regulatory mandates on availability of mobile deposits."
Background - One of the stories I heard relating to CC was a newly elected congressman from Texas opened an account in a S&L when he first got to Washington. Some 30 days later, he sent an assistant to get cash from the account (pre ATM's), and they came back with NO money as the funds were still "being held". He was livid (appropriately) and unfortunately had an assignment on the Banking and Finance Committee. That's when the poop hit the fan.
Integrity. With it, nothing else matters. Without it, nothing else matters.