Common use of Determining the Availability of a Deposit Clause in Contracts

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.

Appears in 2 contracts

Samples: Deposit Account Agreement, Deposit Account Agreement

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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 to one of our employees while that we are open, we will consider that day to be the day of your deposit. If However, if you make a deposit on a day that is not a business day while we are open (for exampleSaturday, Saturday), we will consider that the deposit was made on the next business day we are open. If you make a deposit or 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. 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.

Appears in 2 contracts

Samples: www.cfcu.org, www.cfcu.org

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, 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, 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.

Appears in 2 contracts

Samples: Account Agreement, Account Agreement

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 is located at a Bank branch) before 12:00 p.m., on a business day while we are open, 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., p.m. or while we are not open, 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.

Appears in 1 contract

Samples: Account Agreement

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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, 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.

Appears in 1 contract

Samples: Deposit Account Agreement

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