Funds Availability Disclosure Clause Samples

Funds Availability Disclosure. The following states our policy regarding the length of time we may require you to wait before we permit you to withdraw the amount of checks, cash or wire transfers deposited into your account. Please remember that even after we have made the funds from checks and other items you have deposited available to you and you have withdrawn the funds, you are still responsible for deposited checks and other items that are returned to us unpaid and for any other problems involving your account. If we cash a check for you drawn on another bank or give you immediate credit for a check you deposit, we can delay availability of funds from any account you have with us to the same extent we would be permitted to do so under this policy. FUNDS AVAILABILITY POLICY: Plumas Bank’s general policy is to allow you to withdraw funds deposited into your account on the first business day after the day we receive your deposit. Funds from electronic deposits will be available on the day we receive the deposit. In some cases, we may delay your ability to withdraw funds beyond the first business day. Then, funds will generally be available no later than the seventh business day after the day of deposit. If you make a deposit before 3:00 p.m. on a business day that we are open, we will consider that day to be the day of your deposit. If your deposit is made after 3:00 p.m. on a day that we are open, we may consider that day or the following business day to bethe day the deposit was made. All deposits made on a day we are not open; we will consider the next business day we are open as the day the deposit was made. For determining the availability of your deposits, every day is a business day, except Saturdays, Sundays, and federal holidays.

Funds Availability Disclosure. Please refer to the Funds Availability Disclosure in the Membership Agreement Packet.

Funds Availability Disclosure. This Section applies only to consumers. Same-Day Availability. Funds from electronic direct deposits to your account will be available on the day we receive the deposit. Next-Day Availability. Funds from the following deposits are available no later than the first (1st) business day after the day of your deposit: Next-Day Availability for Certain Deposits Made In Person. Funds from the following deposits are available no later than the first (1st) business day after the day of your deposit if you make the deposit in person to one of our employees:

Funds Availability Disclosure. MOVO’s policy is to make funds from electronic direct deposits available to you on the business day we receive the deposit. Once they are available, you have full access to spend, withdraw, or transfer the funds. For determining the availability of your deposits, every day is a business day, except Saturdays, Sundays, and Bank and/or federal holidays. Funds sent to you using the MOVO Pay feature, peer-to-peer transfers between MOVO accounts, are deposited immediately and available to you to spend, withdraw, or transfer. Funds loaded through cash load services, such as, Mastercard RePower, are available to you on the day we receive the deposit and the funds are immediately available to you to spend, withdraw, or transfer.

Funds Availability Disclosure. This Section applies only to consumers. Determining the Availability of a Deposit. When We delay the availability of a deposit, the length of the delay is determined by counting the Business days up until 5:00 PM from the date of Your deposit. Every day is a Business day, except Saturdays, Sundays, and federal holidays. If You make a deposit at an ATM that We own or operate after 12:00 PM or on a day We are not open, We will consider the day of deposit to be the next Business day. The length of the delay may vary depending on the type of the deposit and is explained below. Same-Day Availability. Funds from electronic direct deposits to Your Account will be available on the day We receive the deposit. Next-Day Availability. Funds from the following deposits are available no later than the first (1st) Business day after the day of Your deposit: Next-Day Availability for Certain Deposits Made In Person. Funds from the following deposits are available no later than the first (1st) Business day after the day of Your deposit if You make the deposit in person to one of Our employees: Availability of Other Check Deposits. The first $225 from the aggregate of deposits will be available no later than the first (1st) Business day after the day of deposits made in person. The remaining funds will be available on the second (2nd) Business day after the day of Your deposit. Longer Delays May Apply. Additionally, funds deposited by check may be delayed for a longer period under the following circumstances:

Funds Availability Disclosure. Is the explanatory information we provide about your rights concerning the availability of funds from deposits to an account with us. Please see the “Funds Availability Disclosure,” at the end of this Part 2 of the MSA.

Funds Availability Disclosure. When a deposit is made to your Secured Account, the funds may not be available immediately. This section describes when funds will be made available to you.

Funds Availability Disclosure. This Section applies only to consumers. Determining the Availability of a Deposit. When we delay the availability of a deposit, the length of the delay is determined by counting the business days up until 5:00 PM from the date of your deposit. Every day is a business day, except Saturdays, Sundays, and federal holidays. If you make a deposit at an ATM that we own or operate after 12:00 PM or on a day we are not open, we will consider the day of deposit to be the next business day. Same-Day Availability. Funds from electronic direct deposits to your account will be available on the day we receive the deposit. Next-Day Availability. Funds from the following deposits are available no later than the first (1st) business day after the day of your deposit: Next-Day Availability for Certain Deposits Made In Person. Funds from the following deposits are available no later than the first (1st) business day after the day of your deposit if you make the deposit in person to one of our employees:

Funds Availability Disclosure. This disclosure describes Your ability to withdraw funds at NASA Federal Credit Union. It only applies to the availability of funds in transaction Accounts (i.e., checking Accounts). The Credit Union reserves the right to delay the availability of funds deposited to Accounts that are not transaction Accounts for periods longer than those disclosed in this Section. The Credit Union will follow federal regulation Availability of Funds and Collection of Checks (Regulation CC – 12 CFR 229), in determining the delay of funds from deposits of checks, money orders, and traveler checks. During the delay, You may not withdraw funds from the deposit in cash, the funds will not be used to pay checks You have written, and the funds will not be available for electronic transactions. In certain instances, funds from these items will be available immediately, as described in this disclosure. You agree to be responsible for checks You deposit that are returned to Us unpaid and any other claims against checks you deposit. • U.S. Treasury checks that are payable to You • Wire Transfers • Checks or drafts drawn on NASA Federal Credit Union • Cash • State and local government checks (DC, MD, and VA) • Cashier’s, certified, teller, and official bank checks • Official Payroll Checks (as We define them from time to time) • Federal Reserve Bank checks • Federal Home Loan Bank checks • U.S. Postal Service money orders • There is reason to believe a check You deposit will not be paid • You deposit checks totaling more than $6,725 on any one day • A check is re-deposited that has been previously returned unpaid • You have overdrawn Your Account and/or have had return deposits repeatedly in the last 6 months • There is an emergency, such as a failure of computer or communication 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 seventh (7th) Business Day after the day of Your deposit.