Second Day Availability Clause Samples

Second Day Availability for deposits of types not discussed above and made in person, a maximum of $500 will be made available on the day of deposit; remaining funds will be made available by the 2nd business day following the day of deposit.

Second Day Availability. The following check deposits will be available on the second business day following the banking day of deposit: • The amount over $200.00 of the aggregate deposit of U.S. Postal Service money orders, checks drawn on Federal Reserve Banks or Federal Home Loan Banks, checks drawn on state and local government, cashier's checks or certified checks that do not meet all conditions for next-day availability will be available on the second business day after the banking day of deposit. • The amount over $200.00 of the aggregate deposit of all other types of checks that are not eligible for next- day availability

Second Day Availability. Funds are available on the second business day after the day of deposit for other checks drawn on a bank in the United States, including: ● Personal and business checks ● State and local government checks ● Treasurer's/cashier's checks ● Certified checks ● Federal Reserve Bank checks ● Federal Home Loan Bank checks ● U.S. Postal Service money orders The first $225.00 from a Mobile Check Deposit will be available on the next business day after the deposit is accepted to your Varo Products (as applicable). The remaining funds in excess of $225.00 will be available on the second business day after the day the funds from Mobile Check Deposit are received to your Varo Products (as applicable).

Second Day Availability. The first $225 from a deposit of other checks will be available on the first business day after the day of your deposit. The remaining funds will be available on the second business day after the day of your deposit. For example, if you deposit a check of $700 on a Monday, $225 of the deposit is available on Tuesday. The remaining $475 is available on Wednesday. Deposits made by mail. The availability of funds deposited by mail is governed by the type of check deposited. 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 any 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 seventh business day after the day of your deposit.

Second Day Availability. The following funds deposited into a member's account must be made available no later than the second business day following the deposit. A. Funds that would otherwise qualify for next-day availability, except for the fact that funds are not deposited in person at a teller station, i.e., they are deposited electronically, by mail, or in an ATM owned by the Credit Union. For aggregate Check and/or Money Order amounts greater than $5,525 please see section (6) (A) (i) of this disclosure.