At Sandy Spring Bank, we think it is important that you understand how we process your bank transactions. What happens, for example, when you make a deposit, write a check, withdraw money at the ATM, or make a purchase with your debit card-and how does what happens affect your balances and the money you have available to you.

Posting transactions to your checking account

Deposit and Credit Posting

We post the day’s credits and debits to your account Monday through Friday evenings, excluding bank holidays.

  • If you make a deposit before 3:00 p.m. (Maryland Offices) or 4:00 p.m. (Virginia Offices) on a business day we are open, we will consider that day to be the day of your deposit.

    Example: Make a deposit on Tuesday at 1:30 p.m., and it will be posted that evening and be available to you on Wednesday morning.

  • If you make a deposit after 3:00 p.m. (Maryland offices) or 4:00 p.m. (Virginia offices), or on a day we are not open, we will consider that the deposit was made on the next business day we are open.

    Example: A deposit made late on Tuesday evening will be posted when checks are processed on Wednesday evening and be available to you on Thursday morning. If you make a deposit on Saturday morning, it processes on Monday evening and is available to you on Tuesday morning.

TIP: Try to make your deposits during regular business hours if possible. Weekend deposits won’t be available until Tuesday.


Withdrawal Posting

  1. All deposits and other credits are added first to your account.
  2. Then, we begin posting withdrawals, starting with transfers, including pre-authorized, online and wire, then fees, from the largest to the smallest dollar amount.
  3. Finally, we post all checks, ACH, debit card transactions and ATM withdrawals, and other withdrawals, from the largest to the smallest dollar amount.


Deposits and withdrawals are not always posted in the order in which they were made

We generally post your payment transactions at the end of each business day in descending order, starting with the largest payment order that is presented for payment. This means, for example, that your $1,000 mortgage payment may be paid before the $50 purchase you made at the supermarket, even if your market purchase was made earlier in the day.

Transaction Example

Let’s assume that the following transactions were made and processed during the day:

  • 10:00 a.m.: Deposit – $1,500.00
  • 12:30 p.m.: ACH to pay mortgage – $1,450.00
  • 5:30 p.m.: Debit Card purchase – $80.00
  • Check to school PTA: $50.00
  • Pre-Authorized Transfer: $200.00


How would the Transactions Post?

Beginning Balance spacer $  250.00
Deposit $ 1,500.00 $1,750.00
Pre-Authorized Transfer $   200.00 $1,550.00
ACH to pay mortgage $1,450.00 $  100.00
Debit Card purchase $    80.00 $    20.00
Check to school PTA $    50.00   ($30.00)*
*An overdraft fee would be charged.



Ways to help you avoid overdrafts

To maintain an accurate picture of the true balance in your account, you need to keep track of all your transactions – and understand how they are processed. Remember, overdrafts only occur if you spend more than what you have available in your account.

In addition to the tried and true manual method of balancing your checkbook, we offer you a few other helpful ways to keep up on your balances, as well as, options to avoid overdrafts:


  • ATM and BankXpress Online Banking: When checking your balance, be sure to remember to subtract any transactions not listed that might come to Sandy Spring Bank later in the day and reduce your available balance.
  • Email and SMS/Text Alerts: Sign up for Low Balance Alert so you know when you reach a certain balance that you set.
  • Transfer funds between accounts: You can make a transfer in Online Banking, through telephone banking, or at the ATM so that you have enough funds for a purchase or ATM withdrawal.
  • Overdraft Protection: You can link your checking account to a personal line of credit, home equity line of credit or savings account to cover overdrafts. If your checking account does not have sufficient funds to cover your transactions, the funds are automatically transferred from your linked account to your checking account. There may be a fee for this service but generally they are less costly than a standard overdraft fee.