Common use of DEPOSIT ACCOUNT TRANSFER LIMITATIONS Clause in Contracts

DEPOSIT ACCOUNT TRANSFER LIMITATIONS. (a) Transfers from your checking and savings Account may not be completed if you do not have sufficient available funds in your Account to do so, if the funds in your checking or savings Account are subject to legal process or other encumbrances restricting the transfer, or if the funds in your Accounts are subject to a hold on the funds pursuant to our current hold policy. If you do not have sufficient available funds on deposit to cover a transfer of funds from your Deposit Account, we may reject the transfer without payment. We may elect, however, in our sole discretion, to create an overdraft by allowing the transfer. Please see the FEE SCHEDULE for Personal Checking and Savings Accounts for applicable fees. (b) You may not transfer funds from any of your savings Accounts which are pledged as collateral for loans you have with us or a third-party. You may not use the Services to close or renew your time deposit Accounts or transfer funds to and from your time deposit Accounts.

DEPOSIT ACCOUNT TRANSFER LIMITATIONS. (a) 1. Transfers from your checking and savings Account account may not be completed if you do not have sufficient available funds in your Account account to do so, if the funds in your checking or savings Account account are subject to legal process or other encumbrances restricting the transfer, or if the funds in your Accounts accounts are subject to a hold on the funds pursuant to our current hold policy. If you do not have sufficient available funds on deposit to cover a transfer of funds from your Deposit Accountdeposit account, we may reject the transfer without payment. We may elect, however, in our sole discretion, to create an overdraft by allowing the transfer. Please see the FEE SCHEDULE for Personal Checking Deposit Account Terms and Savings Accounts Conditions for applicable fees. (b) 2. You may not transfer funds from any of your savings Accounts accounts which are pledged as collateral for loans you have with us or a third-partythird‐party. You may not use the Services to close or renew your time deposit Accounts accounts or transfer funds to and from your time deposit Accountsaccounts.