Other Check Deposits. The first $225.00 of funds from other check deposits will be available on the 1st business day after the day of Your deposit. The remaining funds will be available on the 2nd business day after the day of Your deposit. For example, if You deposit a check of $700.00 on a Monday, $225.00 of the deposit is available on Tuesday. The remaining $475.00 is available on Wednesday. Longer Delays May Apply. Funds You deposit by check may be delayed for a longer period under the following circumstances: • We believe a check You deposit will not be paid. • You deposit checks totaling more than $5,525.00 on any one day. • You redeposit a check that has been returned unpaid. • You have overdrawn Your account repeatedly in the last six months. • There is an emergency, such as failure of computer or communication equipment. We will notify You if We delay Your ability to withdraw funds for any of these reasons, and We will tell You when the funds will be available. They will generally be available no later than the 7th business day following the day of Your deposit. In any case, We reserve the right to refuse an item for deposit or encashment.
Other Check Deposits. The first $2,500 from a deposit of other checks will be available on the day of your deposit. The remaining funds will be available on the second (2nd) business day after the day of your deposit. For example, if you deposit a check in the amount of $3,100 on a Monday, $2,500 of the deposit is available on Monday. The remaining $600 will be available on Wednesday. Longer Delays May Apply Funds you deposit by check may be delayed for a longer period under the following circumstances:
Other Check Deposits. Our general policy is to make funds from deposited checks, other than those described in section 4, available as follows: At least the first $225 from a check will be available on or before the first business day after the day of your deposit. The remaining funds will be available on or before the second business day after the day of your deposit. For example, if you deposit a check of $700 on a Monday, $225 of the deposit is available on or before Tuesday. The remaining $475 is available on or before Wednesday.
Other Check Deposits. Funds from other check deposits will not be available until the second business day after the day of your deposit. The first $225 of your deposits, however, will be made available on the first business day. These checks will generally be available no later than the sev- enth business day after the day of deposit. If you deposit more than one check in a day, only $225 from the deposit will be available on the first business day after the day of your deposit. Special Rules For New Accounts – If you are a new member, the following special rules will apply during the first thirty (30) days your account is open: • Funds from electronic direct deposits to your account will be available on the day we receive the deposit. Funds from deposits of cash, wire transfers or the first $5,525 of a day’s total deposits of U.S. Postal Money Orders, cashier’s, certified, teller’s, traveler’s, and Federal, state and local government checks will be available on the first business day after the day of your deposit, if the deposit meets certain conditions. For example, the checks must be payable to you. The excess over $5,525 may be available on the ninth business day after the day of your deposit. If your deposit of these checks (other than a U.S. Treasury check) is not made in person to one of our employees, the first $5,525 will not be available until the second business day after the day of your deposit. • Funds from all other check deposits may be held up to seven (7) business days after the day of your deposit. Deposits at ATMs – Deposits made after the cut-off time indicated in our own automated teller machines (ATMs) will be considered as having been made on the following business day. Deposits made in our own ATMs will be available on the second business day after the day we receive your deposit. Deposits (cash or checks) made at ATMs we do not own or operate, including ATMs oper- ated by a shared branch or CO-OP, may not be available until the fifth business day after the day of your deposit. All ATMs that we own or operate are identified as our machines. Funds available from cash withdrawn from local checks and checks deposited at nonproprietary ATM’s is $450. Longer Delays May Apply – We may delay your ability to withdraw funds you deposit by check into your account an additional number of days for these reasons: • We believe a check you deposit will not be paid. • You deposit checks totaling more than $5,525 on any one (1) day. • You deposit a check that has been re...
Other Check Deposits. Funds you deposit by check will be available the second business day after the day of deposit. The first $225 of your deposits, however, may be available on the first business day after the date of deposit. If we cash a check for you that is drawn on another bank, we may withhold the availability of a corresponding amount of funds that are already in your account. Those funds will be available at the time of funds from the check we cashed would have been available if you had deposited it. If we accept for deposit a check that is drawn on another bank, we may make funds from the deposit available for withdrawal immediately but delay your availability to withdraw a corresponding amount of funds that you have on deposit in another account with us. The funds in other account would then not be available for withdrawal until the time periods that are described elsewhere in this disclosure for the type of check you deposited.
Other Check Deposits. The first $225 from the aggregate of deposits will be available no later than the first (1st) business day after the day of deposits made in person. The remaining funds will be available on the second (2nd) business day after the day of your deposit. Longer Delays May Apply. Additionally, funds deposited by check may be delayed for a longer period under the following circumstances: • There is reason to believe a check you deposit will not be paid • You deposit checks totaling more than $5,525 on any one day • A check is re-deposited that has been previously returned unpaid • You have overdrawn your account and/or have had return deposits repeatedly in the last 6 months • There is an emergency, such as a failure of computer or communication equipment We will notify you if we delay your ability to withdraw funds for any of these reasons, and we will tell you when the funds will be available. They will generally be available no later than the seventh (7th) business day after the day of your deposit.
Other Check Deposits. The first $200.00 from deposits of other checks will be available on the day We receive the deposit. The remaining funds will be available on the 2nd business day after the day of Your deposit. For example, if You deposit a check of $700.00 on a Monday, $200.00 of the deposit is available on Monday. The remaining $500.00 is available on Wednesday. Longer Delays May Apply. Funds You deposit by check may be delayed for a longer period under the following circumstances: We believe a check You deposit will not be paid. You deposit checks totaling more than $5,000.00 on any one day. You redeposit a check that has been returned unpaid. You have overdrawn Your account repeatedly in the last six months. There is an emergency, such as failure of computer or communication equipment. We will notify You if We delay Your ability to withdraw funds for any of these reasons, and We will tell You when the funds will be available. Except for deposits made at Automated Teller Machines (ATMs) not owned and operated by the Credit Union, they will generally be available no later than the 7th business day following the day of Your deposit. For deposits made at Automated Teller Machines (ATMs) not owned and operated by the Credit Union, those deposits will generally be available no later than the 11th business day following the day of Your deposit. In any case, We reserve the right to refuse an item for deposit or encashment.
Other Check Deposits. The first $200 of all other check deposits will be available on the first business day after the day of your deposit. Remaining funds will be available on the second business day after the day of your deposit.
Other Check Deposits. To find out when funds from other check deposits will be available, your policy is to make funds from checks available as follows:
Other Check Deposits. For other checks, the length of the delay varies depending on the sum total deposited each business day and is explained below. For deposits of other checks totaling $225.00 or less, the amount deposited will be available on the business day We receive Your deposit. For example, if You deposit a check of $225.00 on a Monday, the entire $225.00 deposit is available on Monday. For deposits of other checks totaling in excess of $225.00, but equal to or less than $5,525.00, the first $225.00 of the deposit of other checks will be available on the business day We receive Your deposit. The remaining funds will be available on the 2nd business day after the day of Your deposit. For example, if You deposit a check of $5,525.00 on a Monday, $225.00 of the deposit is available on Monday. The remaining $5,300.00 is available on Wednesday. FUNDS AVAILABILITY POLICY DISCLOSURE (continued) Longer Delays May Apply. Funds You deposit by check may be delayed for a longer period under the following circumstances: • We believe a check You deposit will not be paid. • You deposit checks totaling more than $5,525.00 on any one day. • You redeposit a check that has been returned unpaid. • You have overdrawn Your Account repeatedly in the last six months. • There is an emergency, such as failure of computer or communications equipment. We will notify You if We delay Your ability to withdraw funds for any of these reasons, and We will tell You when the funds will be available. They will generally be available no later than the 5th business day after the day of Your deposit.
