Common use of Funds Availability Policy Clause in Contracts

Funds Availability Policy. Your Ability to Withdraw Funds Our policy is to make funds from your cash and check deposits available to you on the same business day that we receive your deposit. Electronic direct deposits will be available on the day we receive the deposit, unless they involve an International ACH Transaction. See below for more information on International ACH Transactions. Once they are available, you can withdraw the funds in cash and we will use the funds to pay checks that you have written. Longer Delays May Apply However, in some cases, the availability of funds may be delayed under the following circumstances. Case-by-Case Holds: 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. The first $200 of your deposits, however, will be available 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 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. Exception Holds: In addition, funds you deposit by check may be delayed for up to the 7th business day after the day of your deposit under the following circumstances: • We believe a check you deposit will not be paid. • You deposit checks totaling more than $5,000 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.

Funds Availability Policy. Your Ability Information contained in this section applies to Withdraw Funds all deposit accounts. Our general policy is to make funds from your available to you on the following basis. We intend to make cash and check deposits available to you immediately on the same business day that we receive your depositdeposits. Electronic Similarly, electronic direct deposits will also be available to you on the day we receive the deposit, unless they involve an International ACH Transaction. See below for more information on International ACH Transactions. Once they When funds are availableavailable to you, you can may withdraw the funds them in cash and we will may use the funds them to pay checks that you have written. Longer Delays May Apply HoweverPlease remember that even after we have made funds available to you and you have withdrawn the funds, you available if you had deposited them. If we accept for deposi the time funds from the check we cashed would have been already in some cases, your account. Those funds will be available at the availability of a corresponding amount of funds that are for you that is drawn on another bank, we may be delayed under the following circumstanceswithhold any other issues involving your deposit. Case-by-Case Holds: Depending on the type of If we cash a check returned to us unpaid and, subject to applicable law, for are still responsible for checks that you deposit, funds may not be available until the second business day after deposit that are on the day of your deposit. The first $200 of your deposits, however, will be available 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 to the extent possible 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 next business day after we receive your deposit. If you will need the funds from a the deposit right away, you should ask us when the funds will be available. Exception Holds: In addition, in the case of an exception hold, funds you deposit by check may be delayed for up to the 7th business day after the day of your deposit a longer period under the following circumstances: • We believe a check you deposit will not be paid. • ; one day; You deposit checks totaling more than $5,000 5,750 on any one day. • returned unpaid; You redeposit a check that has been returned unpaid. previously • last 6 months; or You have overdrawn your account repeatedly in the last six months• t a check that is drawn on another bank, we may make the funds from the deposit available for withdrawal immediately applicable time periods that are described elsewhere in this disclosure for the type of check that you deposited. • There is an emergency, such as failure would then not be available for withdrawal until the or another account with us. The funds in the other account amount of computer or communications equipmentfunds that you have on deposit in this account but delay your availability to withdraw a corresponding deposit. than the seventh (7th) business day after the day of your will be available. They will generally be available no later for any of these reasons and we will tell you when the funds We will notify you if we delay your ability to withdraw funds or internet access device. your account electronically, including through the computer such as payroll, that we allow to be deposited directly to Social Security Administration benefits or other deposits, You may arrange for any the direct deposit to your account of these reasonscommunications equipment. There is an emergency, and we will tell you when the funds will be available.such as failure of computer or •

Funds Availability Policy. Your Ability Notice: The following policy only applies to Withdraw Funds Mesquite Credit Union transaction Accounts. The term "transaction accounts" includes all checking accounts and may include certain other accounts. We may delay the availability of funds deposited into non-transaction accounts for longer periods. Please ask a member services representative if you should have a question about the availability of funds deposited into any of your Accounts. Our policy is to make funds from your cash and check deposits available to you on the same business day that we receive your deposit. Electronic direct deposits will be available on the day we receive the deposit, unless they involve an International ACH Transaction. See below for more information on International ACH Transactions. Once they are available, you can withdraw the funds in cash and we will use the funds to pay checks that you have written. For determining the availability of your deposits, every day is a business day, except Saturday, Sundays, and federal holidays. If you make a deposit before 6:00 p.m. 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 6:00 p.m. 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 However, in In some cases, we will not make all of the availability of funds may be delayed under that you deposit by check available to you on the following circumstancessame business day that we receive your deposit. Case-by-Case Holds: 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. The first $200 200.00 of your depositsdeposit, however, will be available on the first same business dayday we receive your deposit. If we are not going to make all of the funds from your deposit available on the first same 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 next business 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. Exception Holds: In addition, funds you deposit by check may be delayed for up to the 7th business day after the day of your deposit a longer period under the following circumstances: • We believe a check you deposit will not be paid. • You deposit checks totaling more than $5,000 5,000.00 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 communications or 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.

Funds Availability Policy. Your Ability to Withdraw Funds Our policy is to make funds from your cash and check deposits available to you on the same business day that we receive your deposit. Electronic direct deposits will be available on the day we receive the deposit, unless they involve an International ACH Transaction. See below for more information on International ACH Transactions. Once they are available, you can withdraw the funds in cash and we will use the funds to pay checks that you have written. Longer Delays May Apply However, in some cases, the availability of funds may be delayed under the following circumstances. Case-by-Case Holds: 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. The first $200 225 of your deposits, however, will be available 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 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. Exception Holds: In addition, funds you deposit by check may be delayed for up to the 7th business day after the day of your deposit under the following circumstances: • We believe a check you deposit will not be paid. • You deposit checks totaling more than $5,000 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.

Funds Availability Policy. Your Ability to Withdraw Funds Our policy is to make funds from your cash and check deposits available to you on the same first (1st) business day that after the day we receive your deposit. Electronic direct deposits will be available on the day we receive the deposit, unless they involve an International ACH Transaction. See below for more information on International ACH TransactionsFunds from any deposits (cash or checks) made at automated teller machines (ATMs) we do not own or operate may not be available until the seventh (7) business day after the day of your deposit. This rule does not apply at ATMs that we own or operate. All ATMs that we own or operate are identified as our machines. Once they deposited funds are available, you can withdraw the funds in cash and we will use the funds to pay checks that you have written. 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 4:00 p.m. 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 p.m., 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 However, in In some cases, we will not make all of the availability funds that you deposit by check available to you on the first (1st) business day after the day of funds may be delayed under the following circumstancesyour deposit. Case-by-Case Holds: Depending on the type of check that you deposit, funds may not be available until the second seventh (7) business day after the day of your deposit. The However, the first $200 of your deposits, however, deposits will be available on the first (1st) business dayday after the day of deposit. If we are not going to make all of the funds from your deposit available on the first (1st) business dayday after the day of deposit, 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 or electronically deliver the notice, if you have agreed to receive notices from us in an electronic format by the business day after we receive your deposit. If you will need the funds from a deposit right awayimmediately, you should ask us when the funds will be available. Exception Holds: In addition, funds you deposit by check may be delayed for up to the 7th business day after the day of your deposit a longer period under the following circumstances: • We believe a check you deposit will not be paid. • You deposit checks totaling more than $5,000 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.:

Funds Availability Policy. Your Ability Note: This Funds Availability Policy does not apply to Withdraw deposits made via Xceed Mobile Deposit. Credits for Deposits A receipt may be provided or made available upon request for all deposits to my account, except for remote deposits (e.g., lockbox, night depository services, certain funds transfers). However, the amount on my deposit receipt is based solely on my deposit ticket. Funds Our from my deposits to my account may not be made immediately available. You shall not be construed to have received for deposit checks sent by mail or placed in the night depository until you have either received actual delivery from the U.S. Postal Service or have removed the checks from the depository. Checks placed in such depository will be removed not later than the next business day. All deposits made by mail and addressed to you without using a specific Financial Center name and street address will be considered received as of the date such deposit is received by such location. For checking accounts, funds will be made available according to Federal Reserve Regulation CC and your Funds Availability Policy. Credits for all deposits are subject to final verification and, after review, you may make adjustments to my account for any errors, including any errors appearing on my deposit ticket with no notice to me. In addition, the availability of funds for withdrawal does not mean that the deposited check or other item is “good,” has “cleared,” or has been paid by the paying financial institution, or that the item will not be returned unpaid and my account subsequently debited, notwithstanding the passage of any period of time or any representation or belief to the contrary. You may accept credits to my account that have been originated by third parties (e.g., ACH credits, wire transfers). However, you may reverse any credit to my account that the originator of such deposit has informed you was in error or was intended for another account without investigating whether such credit was not properly payable to me. You need not accept for deposit items drawn on a non-U.S. financial institution or items payable in a foreign currency and may instead accept such items on a collection basis, even after you have taken physical possession of such items. If accepted on a collection basis, you will not be obligated to credit my account for such items until you have received final payment. The actual credit for items payable in a foreign currency will be at the exchange rate in effect at the time of final collection in U.S. dollars. Regardless of whether such items are accepted for deposit or on a collection basis, your Funds Availability Policy will not apply to these items. I agree that you act only as a collecting agent in receiving items for deposit or collection and assume no responsibility beyond reasonable care. You will use reasonable care in the selection of collecting agents but will not be liable in the case of their failure or negligence or for losses in transit. I agree that you, and each of your correspondents, may send checks subject to collection, directly or indirectly, to any financial institution, depository, maker, or drawer in accordance with your usual custom and may accept checks, drafts, or credits on a conditional basis. In general, your policy is to make funds from your cash and check deposits available to you me on the same first business day that we after the day you receive your my deposit. Electronic direct deposits The first $225 of this deposit will be available on the first business day we receive after the day of my deposit. For my accounts, unless they involve funds will be made available according to the Federal Reserve Board’s Regulation CC and your Funds Availability Policy. Funds may be held for a longer period after review of deposited items. Deposits at Xceed ATMs The first $225 per business day of cash or checks deposited at an International ACH Transaction. See below Xceed ATM prior to 7:00 p.m. Pacific Time will be available immediately for more information on International ACH Transactions. Once they are available, you can withdraw the funds in cash and we will use the funds withdrawals only; it is not available to pay checks and/or other transactions until the remaining funds are made available. The remaining funds will be available by the second business day after the day we are considered to have received your deposit. Deposits at Nonproprietary ATMs Funds from any deposits made at ATMs you do not own or operate may not be available until the fifth business day after the day I make the deposit. For purposes of determining the availability of my deposits, every day is a business day, except Saturday, Sunday, and federal holidays. If I make a deposit on a business day that you have writtenare open during business hours or through the night depository or lockbox services, you will consider that day to be the day of my deposit. However, if I make a deposit on a Saturday, Sunday, federal holiday, or through the night depository box or lockbox services on a day you are not open or after business hours, you will consider that the deposit was made on the next business day you are open. Longer Delays May Apply However, in In some cases, you will not make all the availability funds I deposit by check available to me on the first business day after the day of funds may be delayed under the following circumstancesmy deposit. Case-by-Case Holds: Depending on the type of check that you I deposit, funds may not be available until the second or seventh business day after following the day of your deposit. The If there is reasonable doubt of collectability, funds may be held longer. However, the first $200 225 of your deposits, however, my deposit will be available on the first business day. If we are not going to make all Note: You may delay the availability 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. Exception Holds: In addition, funds you deposit by check may be delayed for up to the 7th business day after the day of your deposit under the following circumstances: • We believe a check you deposit will not be paid. • You deposit checks totaling more than $5,000 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 my funds for any of these reasons, and we will tell you when the funds will be available.one

Funds Availability Policy. Your Ability to Withdraw Funds Our policy is to make funds from your cash and check deposits available to you on the same first (1st) business day that after the day we receive your deposit. Electronic direct deposits will be available on the day we receive the deposit, unless they involve an International ACH Transaction. See below for more information on International ACH TransactionsFunds from any deposits (cash or checks) made at automated teller machines (ATMs) we do not own or operate may not be available until the fifth (5th) business day after the day of your deposit. This rule does not apply at ATMs that we own or operate. All ATMs that we own or operate are identified as our machines. Funds from any deposits (cash or checks) made at our ATMs may not be available until the second (2nd) business day after the day of your deposit. Once they deposited funds are available, you can withdraw the funds in cash and we will use the funds to pay checks that you have written. Longer Delays May Apply 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 3 p.m. on a business day that we are open, we will consider that day to be the day of your deposit. However, in if you make a deposit after 3 p.m., 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 availability funds that you deposit by check available to you on the first (1st) business day after the day of funds may be delayed under the following circumstancesyour deposit. Case-by-Case Holds: Depending on the type of check that you deposit, funds may not be available until the second fifth (5th) business day after the day of your deposit. The However, the first $200 of your deposits, however, deposits will be available on the first (1st) business dayday after the day of deposit. If we are not going to make all of the funds from your deposit available on the first (1st) business dayday after the day of deposit, 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 business 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. Exception Holds: In addition, funds you deposit by check may be delayed for up to the 7th business day after the day of your deposit a longer period under the following circumstances: • We believe a check you deposit will not be paid. • You deposit checks totaling more than $5,000 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.:

Funds Availability Policy. Your Ability to Withdraw Funds Our policy is to make funds from your cash and check deposits available to you on the same frst (1st) business day that after the day we receive your deposit. Electronic direct deposits will be available on the day we receive the deposit, unless they involve an International ACH Transaction. See below for more information on International ACH Transactions. Once they deposited funds are available, you can withdraw the funds in cash and we will use the funds to pay checks that you have written. Funds from any deposits (cash or checks) made at automated teller machines (ATMs) we do not own or operate will not be available until the ffth (5th) business day after the day of your deposit. This rule does not apply at ATMs that we own or operate (proprietary ATMs). All ATMs that we own or operate are identifed as our machines. Funds from any deposits (cash or checks) made at proprietary ATMs may not be available until the second (2nd) business day after the day of your 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 6:00 p.m. Pacifc Standard Time 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 6:00 p.m. Pacifc Standard 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. Longer Delays May Apply However, in In some cases, we will not make all of the availability funds that you deposit by check available to you on the frst (1st) business day after the day of funds may be delayed under the following circumstancesyour deposit. Case-by-Case Holds: Depending on the type of check that you deposit, funds may not be available until the second ffth (5th) business day after the day of your deposit. The first However, the frst $200 of your deposits, however, deposits will be available on the first frst (1st) business dayday after the day of your deposit. If we are not going to make all of the funds from your deposit available on the first frst (1st) business dayday after the day of your deposit, 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 or electronically deliver the notice, if you have agreed to receive notices from us in an electronic format, by the business day after we receive your deposit. If you will need the funds from a deposit right awayimmediately, you should ask us when the funds will be available. Exception Holds: In addition, funds you deposit by check may be delayed for up to the 7th business day after the day of your deposit a longer period under the following circumstances: • We believe a check you deposit will not be paid. • You deposit checks totaling more than $5,000 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.:

Funds Availability Policy. Your Ability to Withdraw Funds Our policy is to make funds from your my cash and check deposits available to you me on the same first (1st) business day that we after the day you receive your my deposit. Electronic direct deposits will be available on the day we you receive the deposit, unless they involve an International ACH Transaction. See below for more information on International ACH TransactionsFunds from any deposits (cash or checks) made at automated teller machines (ATMs) you do not own or operate will not be available until the fifth (5th) business day after the day of my deposit. This rule does not apply at ATMs that you own or operate. All ATMs that you own or operate are identified as our machines. Once they are available, you I can withdraw the funds in cash and we you will use the funds to pay checks that you I have written. Longer Delays May Apply For determining the availability of my deposits, every day is a business day, except Saturdays, Sundays, and federal holidays. If I make a deposit before 3:00 p.m. PST on a business day that you are open, you will consider that day to be the day of my deposit. However, in 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. LONGER DELAYS MAY APPLY. In some cases, you will not make all of the availability funds that I deposit by check available to me on the first (1st) business day after the day of funds may be delayed under the following circumstancesmy deposit. Case-by-Case Holds: Depending on the type of check that you I deposit, funds may not be available until the second fifth (5th) business day after the day of your my deposit. The However, the first $200 600 of your deposits, however, will my deposits may be available on the first (1st) business dayday after the day of deposit. If we you are not going to make all of the funds from your my deposit available on the first (1st) business dayday after the day of deposit, we you will notify you me at the time you I make your my deposit. We You will also tell you me when the funds will be available. If your my deposit is not made directly to one of our your employees, or if we you decide to take this action after you I have left the premises, we you will mail you me the notice by the business day after we you receive your my deposit. If you I will need the funds from a deposit right away, you I should ask us you when the funds will be available. Exception Holds: In addition, funds you I deposit by check may be delayed for up to the 7th business day after the day of your deposit a longer period under the following circumstances: • We believe a check you deposit will not be paid. • You deposit checks totaling more than $5,000 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.: