Checks clear same business day - have for years. The bank might place a quasi-hold on the deposit for a business day, but it has cleared. And when it comes fr

Checks clear same business day - have for years. The bank might place a quasi-hold on the deposit for a business day, but it has cleared. And when it comes from a bank, employer, insurance company, etc, they won't put a hold on it (or, at least, I've never seen a hold).