Determining the Availability of a Deposit. The length of the delay is counted in business days from the day of your deposit. The length of delay varies depending on the type and manner of deposit. For determining the availability of funds deposited to your Accounts, for purposes of the Funds Availability Policy, every day is a business day, except Saturdays, Sundays, and federal holidays. All times provided below are Pacific Time. If you make a deposit directly to a teller on a business day while we are open for business (generally 6:30 a.m.-6:30 p.m.), that day is the day of your deposit. If you place your deposit in a Lobby Express Box in Tukwila Financial Center or Xxxxxxx Financial Center before 4 p.m., that day is the day of your deposit. If you place your deposit in a Lobby Express Box in Tukwila Financial Center or Xxxxxxx Financial Center after 4 p.m., the next business day will be the day of your deposit. If you make a deposit at a BECU-owned ATM (displaying our “BECU” logo) or to a teller at a shared branch location before 3 p.m. on a business day, that day will be the day of your deposit. If you make your deposit after 3 p.m. or on a day that is not a business day, the next business day will be the day of your deposit. If you make a deposit at a drop box, a non-BECU-owned ATM, or by mailing it to us through the United States Postal Service (USPS), the day of the deposit will be the business day we process your deposit in our processing center. If you make an Online Deposit or Mobile Deposit before 7 p.m. on a business day, that day will be the day ofyour deposit. If you make your deposit after 7 p.m. on a business day, or on a day that is not a business day, the next business day will be the day of or your deposit. Any deposited check, cashier’s check, draft, or money order that is drawn on a bank outside of the U.S or is issued in any currency other than U.S. dollars (Foreign Item) is exempt from this Funds Availability Policy. Availability of funds from deposited Foreign Items will be delayed for the time it takes us to collect the funds from the paying financial institution and may take anywhere from several weeks to several months before such deposits will be made available to you.
Determining the Availability of a Deposit. The length of the delay is counted in business days from the day of your deposit. If you make a deposit on a business day, we are open, we will consider that day to be the day of your deposit. However, if you make a deposit on a Saturday or on a day, we are not open, we will consider that the deposit was made on the next business day we are open. ATM deposits made after 3:00 PM or on a non- business day will be considered as deposited on the next business day. The length of the delay varies depending on the type of deposit and is explained below.
Determining the Availability of a Deposit. The length of the delay is counted in business days from the day of your deposit. Every day is a business day except Saturdays, Sundays, and Federal holidays. If you make a deposit before 5:00 PM on a business day that we are open, we will consider that day to be the day of your deposit. However, if you make a deposit after 5:00 PM or on a non- business day, we will consider that the deposit was made on the next business day we are open. If you make a deposit on a business day through a NewBank ATM no later than 3:00 PM, we will consider that day to be the day of your deposit. However, if you make a deposit after this stated time, or on a weekend, a Federal holiday, a state holiday, or the day we are closed, we will consider that the deposit was made on the next business day. The length of the delay varies depending on the type of deposit and is explained below.
Determining the Availability of a Deposit. The length of the delay is counted in business days from the day of your deposit. Every day is a business day except Saturdays, Sundays, and federal holidays. If you make a deposit before closing on a business day that we are open, we will consider that day to be the day of your deposit. However, if you make a deposit on Saturday, or after closing or on a day we are not open, we will consider that the deposit was made on the next business day we are open. The length of the delay varies depending on the type of deposit and is explained below. If you make a deposit at an ATM owned and operated by Community Financial before 11:30 p.m. Monday through Friday on a business day that we are open, we will consider that day to be the day of your deposit. However, if you make a deposit at an ATM after 11:30 p.m. Monday through Friday or on a day we are not open, we will consider that the deposit was made on the next business day we are open. Any deposit you make through the mail will be considered deposited on the business day that the deposit is received by the Credit Union. Any deposit you make to a night depository will be considered deposited on the business day the deposit is removed from the night depository.
Determining the Availability of a Deposit. The length of any delay is counted in Business Days from the day of your deposit. Every day is a Business Day except Saturdays, Sundays, and federal holidays. If you make a deposit on a Business Daywe are open by 3:00 PM Easternor any applicable later cutoff time described in the “Cutoff Times” subsection of this Agreement, we will generally consider that Business Day to be the day of your deposit. However, if you make a deposit after 3:00 PM Eastern or any applicable later cutoff time described in the “Cutoff Times” subsection of this Agreement or on a day we are not open, we will generally consider the deposit made on the next Business Day we are open. The length of the delay varies depending on the type of deposit and is explained below. Same-Day Availability Funds from the following deposits are generallyavailable on the Business Day we receive the deposit: • Electronic Direct Deposits initiated by a third party (not by or through us) • EFT’s from another account of yours at American Express National Bank Next-Day Availability Funds from the following deposits are generally available on the first Business Day after the day of your deposit: • U.S. Treasury checks payable to your business • Checks drawn on American Express National Bank • The first $225 of the total of any check deposits not described above • Wire transfers Second Business Day Availability Any remaining funds from check deposits to your Account not otherwise described above will generallybe available on the second Business Day after the day of your deposit. Fifth Business Day Availability Funds from electronic deposits to your Account that you have initiated through us from an external account of your business will generally be available for withdrawal on the fifth Business Day after the related electronic funds transfer is processed by us. Longer Delays May Apply to Certain Check Deposits Funds deposited by check may be delayed for a longer period under any of the following circumstances: • We believe a check you deposit will not be paid • Your Account has been overdrawn repeatedly in the last six (6) months • There is an emergency, such as failure of computer or communications equipment • You deposit checks totaling more than $5,525 on any one day (see Important- Notice of Hold for Large Check Deposits, below) • You redeposit a check that has been returned unpaid (see Important- Notice of Hold for Redeposited Checks, below) Except for your deposit of checks totaling more than $5,525 on...
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:
Determining the Availability of a Deposit. For determining the availability of your deposits, every day is a business day, except Saturdays, Sundays, and federal holidays. If you make a deposit before closing on a business day that we are open, we will consider that day to be the day of your deposit. However, if you make a deposit after closing or on a day we are not open, we will consider that the deposit was made on the next business day we are open. LONGER DELAYS MAY APPLY In some cases, we will not make all of the funds that you deposit by check available to you on 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 will be available on the first business day after the day of deposit. If we are not going to make all of the funds from your deposit available on the first business day, we will notify you at the time you make your deposit. We will also tell you when the funds will be available. If your deposit is not made directly to one of our employees, or if we decide to take this action after you have left the premises, we will mail you the notice by the 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. In addition, 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.
Determining the Availability of a Deposit. The day funds become available is determined by counting business days from the day of your deposit. Every day is a business day except Saturdays, Sundays, and holidays. If you make a deposit in person before our “cutoff time” on a business day we are open, we will consider that day to be the day of your deposit for purposes of calculating when your funds will become available. However, if you make a deposit after the cutoff time, or on a day we are not open, we will consider that the deposit was made on the next business day we are open. Our cutoff times vary from branch to branch. The earliest cutoff time at any of branches is 12 PM (Eastern Standard Time). Deposits received through our Night Depositories are considered received on the business day following drop-off and may not be credited until the following day. Deposits you send by mail are considered deposited on the business day it arrives if it arrives by the cutoff time at the branch of receipt. In all cases, availability of any deposit assumes that a requested withdrawal will not overdraw the account.
Determining the Availability of a Deposit. The length of delay in the availability of funds is counted in business days from the day a Customer deposit is applied to the Account. Deposits received in our operations center by 3:00 PM ET on a business day will be considered made on that day. Any deposits received in our operations center after that time will be considered made on the next business day. The length of delay in the availability of funds varies depending on the type of deposit.
Determining the Availability of a Deposit. The length of any delay is counted in Business Days from the day of your deposit. Every day is a Business Day except Saturdays, Sundays, and federal holidays. If you make a deposit on a Business Day we are open by 3:00 PM Eastern or any applicable later cutoff time described in the “Cutoff Times” subsection of this Agreement, we will generally consider that Business Day to be the day of your deposit. However, if you make a deposit after 3:00 PM Eastern or any applicable later cutoff time described in the “Cutoff Times” subsection of this Agreement or on a day we are not open, we will generally consider the deposit made on the next Business Day we are open. The length of the delay varies depending on the type of deposit and is explained below.
