Common use of Automated Teller Machines Clause in Contracts

Automated Teller Machines. Funds from any deposits (cash or checks) made at automated teller machines (ATMs) we do not own or operate will not be available until the fifth business day after the day of your deposit. Funds from any deposits (cash or checks) made at automated teller machines (ATMs) we own or operate will be available on the second business day after the day of deposit, except that U.S. Treasury checks that are payable to you will be available on the first business day after the day of deposit. Also, the first $225 of a deposit will be available on the first business day after the day of deposit. Checks drawn on American First Credit Union will be available on the first business day after the day of deposit if the deposit is made at an ATM located on our premises. All ATMs that we own or operate are identified as our machines. SPECIFIC ACCOUNT DETAILS Totally Free Business Checking Account Opening requirements: The minimum balance required to open this account is $50.00. Minimum balance requirements: There is no minimum balance required. Dividend earnings: Totally Free Business Checking account does not earn dividends. Transaction limitations: You are allowed 1,000 free items (debits and credits) each month. Thereafter a per item fee will apply. You may deposit up to $10,000 in currency per month; thereafter, a fee per $1,000 will apply. Fees and charges: Refer to the Schedule of Fees & Services for fee amounts. Business Interest Checking Account Opening requirement: The minimum deposit required to open a Business Interest Checking Account is $50.00 Minimum balance requirements: You must maintain a minimum daily balance of $1,500 in your account to avoid a monthly service charge fee. If, during any month, your daily balance is below the required minimum, your account will be subject to a monthly service charge fee. All balances earn dividends based on the average daily balance, paid and compounded monthly. The dividend rate and Annual Percentage Yield, (APY) may change at any time, as determined by the Credit Union’s Board of Directors or designated committee. For the dividend rate and Annual Percentage Yield, APY for this Account call us at 000.000.0000 or check the rates online at xxx.xxxxxxxxxx.xxx .

Automated Teller Machines. Funds from any deposits (cash or checks) made at automated teller machines (ATMs) we do not own or operate will not be available until the fifth business day after the day of your deposit. This rule does not apply at ATMs that we own or operate. Funds from any deposits (cash or checks) made at automated teller machines (ATMs) we own or operate will not be available on until the second business day after the day of your deposit, except that U.S. Treasury checks that are payable to you will be available on the first business day after the day of deposit. Also, the first $225 of a deposit will be available on the first business day after the day of deposit. Checks drawn on American First Credit Union will be available on the first business day after the day of deposit if the deposit is made at an ATM located on our premises. All ATMs that we own or operate are identified as our machines. SPECIFIC Deposits at Other Locations This availability policy only applies to funds deposited at our locations. Please inquire for information about the availability of funds deposited at other locations. TRUTH-IN-SAVINGS DISCLOSURE REGULAR SHARE SAVINGS ACCOUNT DETAILS Totally Free Business Checking Account Opening Rate Information: The dividend rate and annual percentage yield may change every month. We may change the dividend rate for your account as determined by the credit union board of directors. Rate and fee information may be found in the Savings Rate Schedule and Fee Schedule. Compounding and crediting – Dividends will be compounded every month. Dividends will be credited to your account every month. Dividend period – For this account type, the dividend period is monthly, for example, the beginning date of the first dividend period of the calendar year is January 1, and the ending date of such dividend period is January 31. All other dividend periods follow this same pattern of dates. Though dividend declaration date is the last day of the dividend period and for the example above is January 31. Minimum balance requirements: The minimum balance required to open this account is $50.00the purchase of a share in the credit union. Minimum Please see the bylaw requirements in the Common Featuressectionforadditionalinformation. Daily balance requirements: There is no minimum computation method – Dividends are calculated by the daily balance requiredmethod which applies a daily periodic rate to the balance in the account eachday. Dividend earnings: Totally Free Business Checking account does not earn dividendsAccrual of dividends on noncash deposits – Dividends will begin to accrue on the business day you place noncash items (for example, checks) to your account. Transaction limitations: You No transaction limitations apply to this account unless otherwisestatedin the Common Featuressection. Par value of a share: The par value of a share in this account is $5.00. ADVANTAGE CHECKING (SHARE DRAFT) Rate Information: The dividend rate and annual percentage yield may change every month. We may change the dividend rate for your account as determined by the credit union board of directors. Rate and fee information may be found in the Savings Rate Schedule and Fee Schedule. Compounding and crediting – Dividends will be compounded every month. Dividends will be credited to your account every month. Dividend period – For this account type, the dividend period is monthly, for example, the beginning date of the first dividend period of the calendar year is January 1, and the ending date of such dividend period is January 31. All other dividend periods follow this same pattern of dates. The dividend declaration date is the last day of the dividend period and for the example above is January 31. Daily balance computation method – Dividends are allowed 1,000 free calculated by the daily balance method which applies a daily periodic rate to the balance in the account each day. Accrual of dividends on noncash deposits – Dividends will begin to accrue on the business day you place noncash items (debits for example, checks) to your account. Transaction limitations: No transaction limitations apply to this account unless otherwise stated in the Common Features section. Account Requirement: ACH deposit and credits) 14 Debit Card Transactions each month. Thereafter a per item fee will apply. You may Opening deposit up to $10,000 in currency per month; thereafter, a fee per $1,000 will apply. Fees and charges: Refer to the Schedule of Fees & Services for fee amounts. Business Interest Checking Account Opening requirement: The minimum deposit required to open a Business Interest Checking Account is $50.00 25.00 CLASSIC CHECKING (SHARE DRAFT) Minimum balance requirements: You must maintain a minimum daily balance of $1,500 1,000 in your account to avoid a monthly service charge fee. If, during any monthmonthly statement cycle, your daily account balance is falls below the required minimumminimum daily balance, your account will be subject to a service charge fee as disclosed in the Fee Schedule. Transaction limitations: No transaction limitations apply to this account unless otherwise stated in the Common Features section. Opening deposit requirement: $25.00 55 Plus CHECKING (SHARE DRAFT) Minimum balance requirements: No minimum balance requirements apply to this account. Transaction limitations: No transaction limitations apply to this account unless otherwise stated in the Common Features Section. Rate Information: No dividends are paid on this account. Opening deposit requirement: $25.00 IUK COUGARS CHECKING (SHARE DRAFT) Rate Information: No dividends are paid on this account. Minimum balance: There is no minimum balance requirement on this account. Fees and Charges: A per item fee of $.25 will be charged for each item in excess of 15 during the month. Transaction limitations: No transaction limitations apply to this account unless otherwise stated in the Common Features Section. Opening deposit requirement: $25.00 KOKOMO EDGE CHECKING (SHARE DRAFT) Rate Information: No dividends are paid on this account. Minimum balance: There is no minimum balance requirement on this account. Fees and Charges: A per item fee of $ .25 will be charged for each item in excess of 15 during the month Transaction Limitations: No transaction limitations apply to this account unless otherwise stated in the Common Features Section. Opening deposit requirement: $25.00 CHECKING II (SHAREDRAFT) Minimum balance requirements: No minimum balance requirements apply to this account. Transaction limitations: No transaction limitations apply to this account unless otherwise stated in the Common Features section. Fees and charges: A monthly service charge feefee will be charged each month. All balances earn No more than two NSFs in a 30-day period. After two NSFs the account will be closed. Rate and fee information may be found in the Savings Rate Schedule and Fee Schedule. Opening deposit requirement: $25.00 xXXXXXXXX ACCOUNT (SHARE DRAFT) Rate Information: No dividends based are paid on this account. Minimum balance: There is no minimum balance requirement on this account. Fees and Charges: A per item fee of $ 0.20 will be charged for each item in excess of 10 during a month. Transaction Limitations: No transaction limitations apply to this account unless otherwise stated in the average daily balance, paid and compounded monthly. The dividend rate and Annual Percentage Yield, (APY) may change at any time, as determined by the Credit Union’s Board of Directors or designated committee. For the dividend rate and Annual Percentage Yield, APY for this Account call us at 000.000.0000 or check the rates online at xxx.xxxxxxxxxx.xxx Common Features Section.

Automated Teller Machines. Funds The first $225.00 from any deposits (cash or checks) made at automated teller machines (ATMsATM’s) we do not own or operate will be available on the same business day as the day of deposit. The remaining funds will not be available until the fifth business day after the day of your deposit. Funds DEPOSITS AT SHARED BRANCHING CREDIT UNIONS The first $225.00 from any deposits (cash or checks) made at automated teller machines (ATMs) we own or operate Service Centers will be available on the same business day as the day of deposit. The remaining funds will not be available until the second business day after the day of deposit, except that U.S. Treasury checks that are payable to you will be available on the first business day after the day of your deposit. Also, the first $225 of a TRUTH-IN-SAVINGS DISCLOSURE CHECKING ACCOUNT Minimum opening deposit will be available on the first business day after the day of deposit. Checks drawn on American First Credit Union will be available on the first business day after the day of deposit if the deposit is made at an ATM located on our premises. All ATMs that we own or operate are identified as our machines. SPECIFIC ACCOUNT DETAILS Totally Free Business Checking Account Opening requirementsrequirement: The minimum balance opening deposit required to open this account is $50.0025.00. Minimum balance requirements: There is no minimum balance requiredrequired for this account. Dividend earningsRate Information: Totally Free Business Checking account does not earn dividendsNon-dividend bearing. Transaction limitations: You are allowed 1,000 free items (debits No transaction limitations apply to this account unless otherwise stated in the Common Features section. VACATION PAY CHECKING ACCOUNT This account is only available to new and credits) each monthexisting members of SMW Local Union No. Thereafter a per item fee will apply104. You may Minimum opening deposit up to $10,000 in currency per month; thereafter, a fee per $1,000 will apply. Fees and charges: Refer to the Schedule of Fees & Services for fee amounts. Business Interest Checking Account Opening requirement: The There is no minimum opening deposit required to open a Business Interest Checking Account is $50.00 this account. Minimum balance requirements: There is no minimum balance required for this account. Minimum balance to obtain the annual percentage yield disclosed: You must maintain a minimum daily balance of $1,500 2,500.00 in your the account to avoid a monthly service charge feeobtain the disclosed annual percentage yield. If, during any month, your daily balance is below the required minimum, your account will be subject to a monthly service charge fee. All balances earn dividends based on the average daily balance, paid and compounded monthly. Rate Information: The dividend rate and Annual Percentage Yield, (APY) annual percentage yield may change at any time, as determined by the Credit Union’s Board credit union board of Directors or designated committeedirectors. (Please refer to the current rate sheet) Compounding and crediting - Dividends will be compounded every month. Dividends will be credited to your account every month. Dividend period - For this account type, the dividend period is monthly, for example, the beginning date of the first dividend period of the calendar year is January 1, and the ending date of such dividend period is January 31. All other dividend periods follow this same pattern of dates. The dividend declaration date is the last day of the dividend period, and for the example above is January 31. Daily balance computation method - Dividends are calculated by the daily balance method which applies a daily periodic rate and Annual Percentage Yieldto the balance in the account each day. Accrual of dividends on noncash deposits - Dividends will begin to accrue on the business day you place noncash items (for example, APY checks) to your account. Transaction limitations: No transaction limitations apply to this account unless otherwise stated in the Common Features section. FRESH START CHECKING ACCOUNT This account is available for any member that is unable to open a regular checking account due to past credit or banking history. (Review qualifications) Minimum opening deposit requirement: The minimum opening deposit required to open this account is $25.00. Minimum balance requirements: There is no minimum balance required for this Account call us at 000.000.0000 or account. Rate Information: Non-dividend bearing. Transaction limitations: You may withdraw no more than $205.00 per day with an ATM card in combination with Point of Sale (POS) transactions that are pin based. Point of Sale (POS) transaction that are non-pin based have a limit of $500.00 per day. Online banking is available with the following restrictions, no person-to-person transfers and no remote check the rates online at xxx.xxxxxxxxxx.xxx deposits allowed through mobile deposit app. No Shared Branch Access available.