Common use of Deposits at Automated Teller Machines Clause in Contracts

Deposits at Automated Teller Machines. Funds from any deposit (cash or checks) made at automated teller machines (ATM) that the credit union does not own or operate may be unavailable until the fifth business day after the deposit. Funds from any check deposits made at ATMs that the credit union owns or operates and is located on credit union property are subject to the same rules described elsewhere in this policy. Funds from any check deposits made at ATMs that the credit union owns and operates but are not located on credit union property shall be available on the second business day after they are removed from the ATM. Cash Withdrawal Limitation We place certain limitations on withdrawals in cash. In general, $200 of a deposit is available for withdrawal in cash on the first business day after the day of deposit. In addition, a total of $400 of other funds becoming available on a given day is available for withdrawal in cash at or after 3:00 p.m. on that day. Any remaining funds will be available for withdrawal in cash on the following business day.

Appears in 2 contracts

Samples: Credit Union, Membership Agreement

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Deposits at Automated Teller Machines. Funds from any deposit (cash or checks) made at automated teller machines (ATM) that the credit union does not own or operate may be unavailable until the fifth business day after the deposit. Funds from any check deposits made at ATMs that the credit union owns or operates and is located on credit union property are subject to the same rules described elsewhere in this policy. Funds from any check deposits made at ATMs that the credit union owns and operates but are not located on credit union property shall be available on the second business day after they are removed from the ATM. Cash Withdrawal Limitation We place certain limitations on withdrawals in cash. In general, $200 225 of a deposit is available for withdrawal in cash on the first business day after the day of deposit. In addition, a total of $400 450 of other funds becoming available on a given day is available for withdrawal in cash at or after 3:00 p.m. on that day. Any remaining funds will be available for withdrawal in cash on the following business day.

Appears in 1 contract

Samples: Membership Agreement

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Deposits at Automated Teller Machines. Funds from We do not accept any deposit (cash or checks) made deposits at automated teller machines (ATMATMs) that the credit union does we do not own or operate. All ATMs that we own or operate may be unavailable until the fifth business day after the depositare identified as our machines and will accept cash deposits only. We do not accept check deposits at our ATMs. Funds from any check deposits (cash) made at ATMs that the credit union owns we own or operates and is located on credit union property are subject to operate will follow the same rules described elsewhere availability schedule as making a deposit in this policyperson to one of our employees. Funds from any check Also, each branch office has a night depository box where you can safely make your deposits made at ATMs that (cash and check) after normal business hours. Deposits are posted the credit union owns and operates but are not located on credit union property shall be available on the second next business day after they are removed from the ATMday. Cash Withdrawal Limitation We place certain limitations on withdrawals in cash. In general, $200 240 of a deposit is available for withdrawal in cash on the first business day after the day of deposit. In addition, a total of $400 460 of other funds becoming available on a given day is available for withdrawal in cash at or after 3:00 5:00 p.m. on that day. Any remaining funds will be available for withdrawal in cash on the following business day.

Appears in 1 contract

Samples: Membership Agreement

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