Common use of Determining When a Deposit is Received Clause in Contracts

Determining When a Deposit is Received. For determining the availability of deposits, every day is a business day except Saturdays, Sundays, and federal holidays. If FSB receives your deposit before the applicable cutoff time on a business day that FSB is open, FSB will consider that day to be the day of your deposit. However, if you make a deposit after the applicable cutoff time or on a day that is not a business day or that FSB is open, FSB will consider the deposit to have been made on the next business day FSB is open. FSB’s usual cutoff times are as follows: Deposit Types Cutoff Times With an FSB teller in person at FSB headquarters in San Antonio, TX 5 p.m. Central Time If FSB closes before 5 p.m. Central Time, then deposits made after closing will be considered received on the next business day FSB is open. The lobby and drive- thru may have different cut-off times at this location. Interactive Teller Machine – Video Teller Mode 5 p.m. Central Time, unless a different time is posted Interactive Teller Machine – ATM Mode 7 p.m. Central Time, unless a different time is posted or displayed on the screen At a USAA ATM 7 p.m. Central Time, unless a different time is posted on the ATM or displayed on the ATM screen By Mail The business day FSB receives the deposit in its San Antonio, Texas office USAA Deposit Box The business day FSB receives the deposit in its San Antonio, TX, office, unless a different time is posted at the Deposit Box USAA online and mobile banking transfers from FSB accounts 9 p.m. Central Time USAA telephone transfers from FSB accounts 9 p.m. Central Time USAA Deposit@Mobile and other USAA remote check deposit services 9 p.m. Central Time Employees in USAA Financial Centers (other than FSB’s headquarters in San Antonio, TX) do not accept deposits in person. If you wish to make a deposit in a USAA Financial Center, you may do so through the ATM located in the USAA Financial Center or through any self-service remote deposit capture facilities located in the USAA Financial Center. Such deposits will be processed as ATM deposits or remote check deposits, respectively.

Determining When a Deposit is Received. For determining the availability of deposits, every day is a business day except Saturdays, Sundays, and federal holidays. If FSB receives your deposit before the applicable cutoff time on a business day that FSB is open, FSB will consider that day to be the day of your deposit. However, if you make a deposit after the applicable cutoff time or on a day that is not a business day or that FSB is open, FSB will consider the deposit to have been made on the next business day FSB is open. FSB’s 's usual cutoff times are as follows: Deposit Types Cutoff Times With an FSB teller in person at FSB headquarters in San Antonio, TX 5 p.m. Central Time If FSB closes before 5 p.m. Central Time, then deposits made after closing will be considered received on the next business day FSB is open. The lobby and drive- thru may have different cut-off times at this location. Interactive Teller Machine – Video Teller Mode 5 p.m. Central Time, unless a different time is posted Interactive Teller Machine – –ATM Mode 7 p.m. Central Time, unless a different time is posted or displayed on the screen At a USAA ATM 7 p.m. Central Time, unless a different time is posted on the ATM or displayed on the ATM screen By Mail The business day FSB receives the deposit in its San Antonio, Texas office office USAA Deposit Box The business day FSB receives the deposit in its San Antonio, TX, officeoffice, unless a different time is posted at the Deposit Box USAA online and mobile banking transfers from FSB accounts 9 p.m. Central Time USAA telephone transfers from FSB accounts 9 p.m. Central Time USAA Deposit@Mobile and other USAA remote check deposit services 9 p.m. Central Time Employees in USAA Financial Centers (other than FSB’s headquarters in San Antonio, TX) do not accept deposits in person. If you wish to make a deposit in a USAA Financial Center, you may do so through the ATM located in the USAA Financial Center or through any self-service remote deposit capture facilities located in the USAA Financial Center. Such deposits will be processed as ATM deposits or remote check deposits, respectively. Longer Delays May Apply In some cases, we will not make all the funds that you deposit by check available to you by the first business day after the day of your deposit. Depending on the type of check that you deposit, funds may not be available until the second business day after the day of your deposit. The first $225 of your deposits, however, may be available on the first business day. If we are not going to make all the funds from your deposit available by the first business day, we will notify you and will tell you when the funds will be available. If your deposit is not made directly to a FSB employee, or if FSB decides to take action after you have left FSB's office, we will send you a notice by the business day after we receive your deposit. If you will need the funds from a deposit right away, you should ask us when the funds will be available. For deposits made by check, availability of the funds may be delayed for a longer period under the following circumstances: • FSB believes a check you deposited will not bepaid. • You deposited more than $5,525 on any one business day into all of your accounts. • You redeposit a check that has been returned unpaid. • One or more of your accounts has been overdrawn repeatedly in the last six months. • There is an emergency, such as failure of computer or communications equipment. FSB will notify you if FSB delays your ability to withdraw funds for any of these reasons and will tell you when the funds will be available. Funds will generally be available no later than the seventh business day after the day of your deposit.

Determining When a Deposit is Received. For determining the availability of deposits, every day is a business day except SaturdaysBusiness Days are Monday through Friday, Sundays, and excluding federal holidays. If FSB receives we receive your deposit before the applicable cutoff cutof time on a business day Business Day that FSB is we are open, FSB we will consider that day to be the day of your deposit. However, if you make a we receive your deposit after the applicable cutoff cutof time or on a day that is not a business day Business Day or that FSB is we are not open, FSB we will consider the deposit to have been made received on the next business day Business Day we are open. For example, if you deposit a check after the applicable cutof time on a Monday, then we will consider the deposit to have been received by us on Tuesday, if Tuesday is the next Business Day FSB is open; Tuesday will be considered the day of the deposit. FSB’s usual cutoff cutof times are as follows: Deposit Types Cutoff Channels Cutof Times With an FSB teller employee in person at FSB headquarters in San Antonio, TX 5 p.m. Central Time If FSB closes before 5 p.m. Central Time, then deposits made after closing will be considered received on the next business day Business Day FSB is open. The lobby and drive- drive-thru may have different diferent cut-off of times at this location. Interactive Teller Machine – Video Teller Mode 5 p.m. Central Time, unless At a different time is posted Interactive Teller Machine – USAA ATM Mode that accepts deposits 7 p.m. Central Time, unless a different time is posted or displayed on the screen At a USAA ATM 7 p.m. Central Time, unless a different diferent time is posted on the ATM or displayed on the ATM screen By Mail The business day Business Day FSB receives the deposit in its San Antonio, Texas office ofce USAA Deposit Box The business day Business Day FSB receives the deposit in its San Antonio, TX, officeofce, unless a different diferent time is posted at the Deposit Box USAA online and mobile banking transfers from FSB accounts 9 p.m. Central Time USAA telephone transfers from FSB accounts 9 p.m. Central Time USAA Deposit@Mobile and other USAA remote check deposit services 9 p.m. Central Time Zelle® transfers you receive 9 p.m. Central Time The cutof times refect the times displayed on our internal systems and may not be the same as the time displayed on your computer or mobile device. Employees in USAA Financial Centers (other than FSB’s headquarters in San Antonio, TX) do not accept deposits in person. If Next Day Availability Funds from the following deposits, made in person to an FSB employee, will be made available on the frst Business Day after the day of deposit: • Federal Reserve Bank checks that are payable to you; • Federal Home Loan Bank checks that are payable to you; • U.S. Postal Service money orders that are payable to you; • State or local government checks payable to you wish and issued in the state where you make the deposit, if you use a Special Deposit Ticket; and • Cashier’s, certifed, or teller’s checks payable to you, if you use a Special Deposit Ticket. However, if you do not make a your deposit in a USAA Financial Centerperson with an FSB employee, you may do so through the ATM located in the USAA Financial Center or through any self-service remote deposit capture facilities located in the USAA Financial Center. Such funds from these deposits will be processed available by the second Business Day after the day of your deposit. Funds from the following type of deposits will be made available on the frst Business Day after the day of deposit: • U.S. Treasury checks that are payable to you; and • Checks that are drawn on us. Longer Delays May Apply In some cases, we will not make all of the funds that you deposit by check available to you by the frst Business Day after the day of your deposit. Depending on the type of check that you deposit, funds may not be available until the second Business Day after the day of your deposit. However, the frst $225 of your deposits may be available on the frst Business Day after the day of your deposit. If we are not going to make all of the funds from your deposit available by the frst Business Day after the day of your deposit, we will notify you and will tell you when the funds will be available. We will send you a notice by the Business Day after we receive your deposit. If you will need the funds from a deposit right away, you should ask us when the funds will be available. For deposits made by check, availability of the funds may be delayed for a longer period under the following circumstances: • We believe a check you deposited will not be paid. • You deposit checks totaling more than $5,525 on any one Business Day into all of your accounts. • You redeposit a check that has been returned unpaid. • One or more of your accounts has been overdrawn repeatedly in the last six months. • There is an emergency, such as ATM deposits failure of computer or remote check deposits, respectivelycommunications equipment. We will notify you if we delay your ability to withdraw funds for any of these reasons and will tell you when the funds will be available. Funds will generally be available no later than the seventh Business Day after the day of your deposit.

Determining When a Deposit is Received. For determining the availability of deposits, every day is a business day except SaturdaysBusiness Days are Monday through Friday, Sundays, and excluding federal holidays. If FSB receives we receive your deposit before the applicable cutoff time on a business day Business Day that FSB is we are open, FSB we will consider that day to be the day of your deposit. However, if you make a we receive your deposit after the applicable cutoff time or on a day that is not a business day Business Day or that FSB is we are not open, FSB we will consider the deposit to have been made received on the next business day Business Day we are open. For example, if you deposit a check after the applicable cutoff time on a Monday, then we will consider the deposit to have been received by us on Tuesday, if Tuesday is the next Business Day FSB is open; Tuesday will be considered the day of the deposit. FSB’s usual cutoff times are as follows: Deposit Types Channels Cutoff Times With an FSB teller employee in person at FSB headquarters in San Antonio, TX 5 p.m. Central Time If FSB closes before 5 p.m. Central Time, then deposits made after closing will be considered received on the next business day Business Day FSB is open. The lobby and drive- drive-thru may have different cut-off times at this location. Interactive Teller Machine – Video Teller Mode 5 p.m. Central Time, unless a different time is posted Interactive Teller Machine – ATM Mode 7 p.m. Central Time, unless a different time is posted or displayed on the screen At a USAA ATM that accepts deposits 7 p.m. Central Time, unless a different time is posted on the ATM or displayed on the ATM screen By Mail The business day Business Day FSB receives the deposit in its San Antonio, Texas office office USAA Deposit Box The business day Business Day FSB receives the deposit in its San Antonio, TX, officeoffice, unless a different time is posted at the Deposit Box USAA online and mobile banking transfers from FSB accounts 9 p.m. Central Time USAA telephone transfers from FSB accounts 9 p.m. Central Time USAA Deposit@Mobile and other USAA remote check deposit services 9 p.m. Central Time Zelle® transfers you receive 9 p.m. Central Time The cutoff times reflect the times displayed on our internal systems and may not be the same as the time displayed on your computer or mobile device. Employees in USAA Financial Centers (other than FSB’s headquarters in San Antonio, TX) do not accept deposits in person. If Next Day Availability Funds from the following deposits, made in person to an FSB employee, will be made available on the first Business Day after the day of deposit: • Federal Reserve Bank checks that are payable to you; • Federal Home Loan Bank checks that are payable to you; • U.S. Postal Service money orders that are payable to you; • State or local government checks payable to you wish and issued in the state where you make the deposit, if you use a Special Deposit Ticket; and • Cashier’s, certified, or teller’s checks payable to you, if you use a Special Deposit Ticket. However, if you do not make a your deposit in a USAA Financial Centerperson with an FSB employee, you may do so through the ATM located in the USAA Financial Center or through any self-service remote deposit capture facilities located in the USAA Financial Center. Such funds from these deposits will be processed available by the second Business Day after the day of your deposit. Funds from the following type of deposits will be made available on the first Business Day after the day of deposit: • U.S. Treasury checks that are payable to you; and • Checks that are drawn on us. Longer Delays May Apply In some cases, we will not make all of the funds that you deposit by check available to you by the first Business Day after the day of your deposit. Depending on the type of check that you deposit, funds may not be available until the second Business Day after the day of your deposit. However, the first $225 of your deposits may 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 by the first Business Day after the day of your deposit, we will notify you and will tell you when the funds will be available. We will send you a notice by the Business Day after we receive your deposit. If you will need the funds from a deposit right away, you should ask us when the funds will be available. For deposits made by check, availability of the funds may be delayed for a longer period under the following circumstances: • We believe a check you deposited will not be paid. • You deposit checks totaling more than $5,525 on any one Business Day into all of your accounts. • You redeposit a check that has been returned unpaid. • One or more of your accounts has been overdrawn repeatedly in the last six months. • There is an emergency, such as ATM deposits failure of computer or remote check deposits, respectivelycommunications equipment. We will notify you if we delay your ability to withdraw funds for any of these reasons and will tell you when the funds will be available. Funds will generally be available no later than the seventh Business Day after the day of your deposit.