Common use of Determining the Availability of a Deposit Clause in Contracts

Determining the Availability of a Deposit. The length of the delay is counted in business days from the day of my deposit. Every day is a business day except Saturdays, Sundays, and federal holidays. If I make a deposit before 3:00 p.m. on a business day that you are open, you will consider that day to be the day of my deposit. However, if I make a deposit after 3:00 p.m. or on a day you are not open, you will consider that the deposit was made on the next business day you are open. DEPOSITS MADE AT THE CREDIT UNION SAME–DAY AVAILABILITY Funds from the following deposits are available on the business day of my deposit:

Appears in 4 contracts

Samples: Share Account Agreement, Share Account Agreement, Share Account Agreement

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