Common use of Deposits at Automated Teller Machines Clause in Contracts

Deposits at Automated Teller Machines. 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 Frontwave 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. Funds from any deposits (cash or checks) made at 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. The requirement to make the first $225 of daily deposits available on the business day following the day of deposit does not apply to deposits made at ATMs we do not own or operate. ATMs that we own or operate are identified as our machines. LONGER DELAYS MAY APPLY Case-by-case delays. In some cases, we will not make all of the funds that you deposit by check available to you immediately. Depending on the type of check that you deposit, funds may not be available until the fifth business day after the day of your deposit. However, the first $225 of your deposits will be available on the first business day after the day of your deposit. If we are not going to make all of the funds from your deposit available immediately, we will notify you at the time you make your deposit. We will also tell you when the funds will be available. If your deposit is not made working directly with one of our employees, or if we decide to take this action after you have left the premises, we will mail you the notice by the day after we receive your deposit. If you will need the funds from a deposit right away, you should ask us when the funds would be available before you make a deposit. Safeguard exceptions. In addition, 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 on anyone 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 eleventh business day after the day of your deposit. One-Day Extensions: Frontwave may extend, by one business day, any of the holds described. If an extension of one day is deemed appropriate, Frontwave must make available $450 of the held deposit not later than 5:00pm PST of the day funds would have been made available according to the dollar amounts outlined above. The $450 is in addition to the $225 required to be made available the business day following the day of deposit.

Deposits at Automated Teller Machines. 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 next business day after the day of deposit. Also, the first $225 200 of a deposit will be available on the first next business day after the day of deposit. Checks drawn on Frontwave Credit Union will be available on the first next business day after the day of deposit if the deposit is made at an ATM located on our premises. Funds from any deposits (cash or checks) made at ATMs 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. The requirement to make the first $225 200.00 of daily deposits available on the business day following the day of deposit does not apply to deposits made at ATMs we do not own or operate. ATMs that we own or operate are identified as our machines. LONGER DELAYS MAY APPLY Case-by-case delays. – In some cases, we will not make all of the funds that you deposit by check available to you immediately. Depending on the type of check that you depositdeposit (on case-by-case basis), funds may not be available until the fifth business day after the day of your deposit. However, the first $225 200 of your deposits will be available on the first next business day after the day of your deposit. If we are not going to make all of the funds from your deposit available immediately, we will notify you at the time you make your deposit. We will also tell you when the funds will be available. If your deposit is not made working directly with to one of our employees, (i.e., via proprietary and/or non-proprietary ATMs, CO-OP ATMs, Shared Branch, U.S. Mail), or if we decide to take this action after you have left the premises, we will mail you the notice by the day after we receive your deposit. If you will need the funds from a deposit right away, you should ask us when the funds would will be available before you make a depositavailable. Safeguard exceptions. In addition, funds SAFEGUARD EXCEPTIONS – Funds you deposit by check may be delayed for a longer period under if we believe the following circumstances: • We believe a check you deposit will not be paid. • You deposit checks totaling more than $5,525 5,000 on anyone any one day. • You redeposit deposit 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 eleventh business day after the day of your deposit. One-Day Extensions: Frontwave may extend, by one business day, any of the holds described. If an extension of one day is deemed appropriate, Frontwave must make available $450 of the held deposit not later than 5:00pm PST of the day funds would have been made available according to the dollar amounts outlined above. The $450 is in addition to the $225 required to be made available the business day following the day of deposit.

Deposits at Automated Teller Machines. 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 deposited at ATMs that we own or operate 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 Frontwave 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. Funds from any deposits (cash or checks) made at ATMs automated teller machines (ATMs) we do not own or operate will may 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. The requirement to make Also, the first $225 200 of daily deposits available on the business day following the day of a deposit does not apply to deposits made at ATMs we do not own or operateoperate will available on the first business day after the day of deposit. ATMs that we own or operate are identified as our machineslocated at 00000 Xxxxxxx, Xxxxxx, XX 00000. LONGER DELAYS MAY APPLY Case-by-case delays. In some cases, we will not make all of the funds that you deposit by check available to you immediately. Depending on the type of check that you deposit, funds may not be available until the fifth second business day after the day of your deposit. However, the The first $225 200 of your deposits will deposits, however, may be available on the first business day after the day of your depositimmediately. If we are not going to make all of the funds from your deposit available immediatelyon the first business day, we will notify you at the time you make your deposit. We will also tell you when the funds will be available. If your deposit is not made working directly with to one of our employees, or if we decide to take this action after you have left the premises, we will mail you the notice by the day after we receive your deposit. If you will need the funds from a deposit right away, you should ask us when the funds would will be available before you make a depositavailable. Safeguard exceptions. In addition, 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 on anyone 5,000 in 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 eleventh seventh business day after the day of your deposit. One-Day Extensions: Frontwave may extend, by one business day, any of the holds described. If an extension of one day is deemed appropriate, Frontwave must make available $450 of the held deposit not later than 5:00pm PST of the day funds would have been made available according to the dollar amounts outlined above. The $450 is in addition to the $225 required to be made available the business day following the day of deposit.

Deposits at Automated Teller Machines. Funds from any deposits (cash or checks) made If you make a deposit at an automated teller machines machine (ATMsATM) that is owned and operated by us before 2 p.m. EST on a Business Day that we own or operate are open, we will be available on consider the second business day after the day of depositdeposit made that day. However, except that U.S. Treasury checks that are payable to if you will be available on the first business day after the day of deposit. Also, the first $225 of make a deposit will be available on the first business day after the day of deposit. Checks drawn on Frontwave Credit Union will be available on the first business day after the day of deposit if the deposit is made at an ATM located that is owned and operated by us after 2 p.m. EST or on our premisesa day that we are not open, we will consider the deposit made on the next Business Day we are open. Funds from any We only allow deposits (cash or checks) to be made at 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. The requirement to make the first $225 of daily deposits available on the business day following the day of deposit does not apply to deposits made at ATMs we do not own or operate. All ATMs that we own or operate are identified as our machines. LONGER DELAYS MAY APPLY Case-by-case delays. In some cases, we will not make all of the ADDITIONAL DEPOSIT INFORMATION Electronic funds transfers withdrawn from another financial institution that you deposit by check available to you immediately. Depending on the type of check that you deposit, funds initiated through Cambridge Trust Company may not be available until the fifth business day (5th) Business Day after the day date we receive them. If you do not have sufficient available funds on deposit to cover the amount of a check or other transaction(s) (e.g., in-person withdrawal, automatic payment, check, preauthorized debit (ACH), transfer, or other electronic transaction), we may return the check or reject the transaction with payment. Our policy is to decline to process any ATM withdrawal and/or any individual Debit Card transaction if, at the time authorization is requested, we have a reasonable belief that your depositaccount has insufficient funds to cover the transaction. HoweverWith regard to checks or other transactions, the first $225 of your deposits will be available we may elect, at our sole discretion, to create an overdraft by paying a check or permitting a transaction. Note: if you make a deposit on the first same day that an item or transaction creates an overdraft (a “temporary” or “intraday overdraft”), we may charge the fee for the overdraft since the covering deposit may not be posted until the end of the business day after day. We may also impose a fee for overdrafts created by deposited items that are returned. See our Fee Schedule – Personal Deposit Accounts for more information. Please note for re-presented items, you may be assessed NSF Return Item Fee each time the day of item (i.e., check or withdrawal by electronic means) is presented and re-presented and there is insufficient funds in your depositaccount to pay such item. If we are not going permit an overdraft or otherwise allow your account balance to make all drop below zero, you agree to pay the amount of the funds overdraft promptly, without notice or demand from us. You agree that we may use subsequent deposits and other credits to the account, including without limitation deposits of government, welfare, retirement and Social Security benefits, to cover any overdraft existing in your deposit available immediatelyaccount, we will notify you to the fullest extent permitted by law. Each account owner is jointly and severally responsi- ble for payment any overdrafts created by any authorized signer(s) or party to the account, whether or not the owner participates in the transaction or benefits from its proceeds. Our payment of any checks or transactions that create overdrafts in no way obligates us to continue that practice at the time you make your deposita later time. We will also tell you when the funds will be available. If your deposit is not made working directly with one of our employees, may discontinue permitting overdrafts without cause or if we decide notice to take this action after you have left the premises, we will mail you the notice by the day after we receive your deposit. If you will need the funds from a deposit right away, you should ask us when the funds would be available before you make a deposit. Safeguard exceptions. In addition, 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 on anyone 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 equipmentyou. We will notify you if we delay your ability to withdraw funds for any discourage the practice of these reasons, and we will tell you when the funds will be availableoverdrawing accounts. They will generally be available no later than the eleventh business day after the day of your deposit. One-Day Extensions: Frontwave may extend, by one business day, any of the holds described. If an extension of one day is deemed appropriate, Frontwave must make available $450 of the held deposit not later than 5:00pm PST of the day funds would have been made available according to the dollar amounts outlined above. The $450 is in addition to the $225 required to be made available the business day following the day of deposit.FUNDS AVAILABILITY POLICY DISCLOSURE 59 SAFE DEPOSIT VAULT RULES AND REGULATIONS