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 on a business day to one of our employees while we are open, we will consider that day to be the day of your deposit. If you make a deposit on a day that is not a business day while we are open (for example, Saturday), we will consider that the deposit was made on the next business day we are open. If you make a deposit after closing or on a day while we are not open, we will consider that the deposit was made on the next business day we are open. If you make a deposit to a “proprietary ATM” (an ATM owned by the Bank that accepts deposits and located at a Bank branch) before 12:00 p.m., on a business day while we are open, we will consider that day to be the day of your deposit. If you make a deposit to a “proprietary ATM” after 12:00 p.m., or while 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.
Determining the Availability of a Deposit. The length of the delay is counted in business days from the date 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 after closing or on a day we are not open, we will consider that deposit made on the next business day we are open. The length of the delay varies depending on the type of deposit as explained below. Same - Day Availability Funds from the following deposits are available on the day we receive the deposit: • Funds from electronic direct deposit • U.S. Treasury checks that are payable to you • Checks drawn on Taunton Federal Credit Union • Share drafts of members of Taunton Federal Credit Union • Cash • State and local government checks payable to you • Federal Reserve Bank checks; Federal Home Loan Bank checks; and U.S. Postal Money Orders if these items are payable to you. • Payroll checks • Wire Transfer deposits Next Day Availability Funds from the following deposits are available on the first business day following the day of deposit: • Cashiers, certified and tellers checks payable to you • $200 from other check deposits Other Check Deposits Funds from other check deposits 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, $200 is available on Tuesday and the remaining $500 is available on Wednesday. If we cash a check for you that is drawn on another bank, we may withhold the availability of a corresponding amount of funds that are already in your account. These funds will be available at the time funds from the check we cashed would have been available if you had deposited it. If we accept for deposit a check that is drawn on another bank, we may make funds from the deposit available for withdrawal immediately but delay your availability to withdraw a corresponding amount of funds that you have on deposit in another account with us. The funds in the other account would then not be available for withdrawal until the time periods that are described elsewhere in this disclosure for the type of check deposited. Longer Delays May Apply Funds you deposit by check may be delayed for a longer period under the following circumstances: • We believe a check you deposit may not be paid. • You deposit checks totaling more than $5,000 on any one day. • You redeposit a ...
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. 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. 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 the close of business on a business day that we are open, we will consider that day to be the day of deposit. However, if you make a deposit after the close of business or on a day we are not open, we will consider that the deposit was made on the next business day we are open. Deposits made to a deposit-taking CO-OP Network automated teller machine (ATM) after 3:00 p.m. will be considered 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 $200 of your deposits may be avail- able on the first business day. 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 the notice by the day after we receive your deposit. If you will need the funds right away, you should ask us when the funds will be available.
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 in person to one of our employees or at an ATM before 3:30 p.m. ET 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 3:30 p.m. ET or on a day we are not open, we will consider that the deposit was made on the next business day we are open. If you mail a deposit, we will consider that the deposit was made on the next business day after the business day on which we received the deposit. SAME-DAY AVAILABILITY Funds from the following deposits are available on the same business day we receive the deposit: Funds from electronic direct deposits to your account. Cash.
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.
