General Funds Availability Policy. For savings accounts, we reserve the right to place reasonable holds on deposited funds to the extent permitted by law. For checking accounts, our general policy is to make funds from your deposits available to you on the same business day after the day that we receive your deposit. Electronic direct deposits will be available on the day we receive the deposit. Once the funds are available, you can withdraw them in cash and/or we will use them to pay checks that have been written, electronic drafts, or other demands for payment. For check deposits, other than government checks, made at a shared branch facility of ours we will place a two business day hold on the funds from such deposits. For determining the availability of your deposits, every day is a business day, except, 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 your deposit. However, if you make a deposit after the close of business or on a day that we are not open, we will consider that the deposit was made on the next business day we are open.
Appears in 1 contract
Samples: Membership and Account Agreement
General Funds Availability Policy. For savings accounts, we reserve the right to place reasonable holds on deposited funds to the extent permitted by law. For checking accounts, our general policy is to make funds from your deposits available to you on the same business day after the day that we receive your deposit. Electronic direct deposits will be available on the day we receive the deposit. Once the funds are available, you can withdraw them in cash and/or we will use them to pay checks that have been written, electronic drafts, or other demands for payment. For check deposits, other than government checks, made at a shared branch facility of ours facility, we will place a two five business day hold on the funds from such depositsfunds. For determining the availability of your deposits, every day is a business day, exceptexcept Saturdays, Sundays and federal holidays. If you make a deposit before the close of business 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 the close of business closing or on a day that we are not open, we will consider that the deposit was made on the next business day we are open.
Appears in 1 contract
Samples: Membership and Account Agreement
General Funds Availability Policy. For savings accounts, we reserve the right to place reasonable holds on deposited funds to the extent permitted by law. For checking accounts, our general policy is to make funds the first $200 from your deposits deposit available to you on the same first business day after the day that we receive your deposit. Electronic direct deposits will be available on the day we receive the deposit. Once the funds are available, you can withdraw them in cash and/or we will use them to pay checks that have been written, electronic drafts, or other demands for payment. For check deposits, other than government checks, made at a shared branch facility of ours we will place a two business day hold on the funds from such deposits. For determining the availability of your deposits, every day is a business day, except, Sundays Saturday, Sunday and federal holidays. If you make a deposit before the close of business 3:00 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 the close of business 5:00 pm or on a day that we are not open, we will consider that the deposit was made on the next business day we are open.
Appears in 1 contract
General Funds Availability Policy. For savings accounts, we reserve the right to place reasonable holds on deposited funds to the extent permitted by law. For checking accounts, our general policy is to make funds from your deposits available to you on the same business day after the day that we receive your deposit. Electronic direct deposits will be available on the day we receive the deposit. Once the funds are available, you can withdraw them in cash and/or we will use them to pay checks that have been written, electronic drafts, or other demands for payment. For check deposits, other than government checks, made at a shared branch facility of ours we will may place a two business day hold on the funds from such deposits. For determining the availability of your deposits, every day is a business day, exceptexcept Saturdays, Sundays and federal holidays. If you make a deposit before the close of business 2:00 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 the close of business 2:00 pm or on a day that we are not open, we will consider that the deposit was made on the next business day we are open.
Appears in 1 contract
Samples: Membership and Account Agreement
General Funds Availability Policy. For savings accounts, we reserve the right to place reasonable holds on deposited funds to the extent permitted by law. For checking accounts, our general policy is to make funds from your deposits available to you on the same first business day after the day that we receive your deposit. Electronic direct deposits will be available on the day we receive the deposit. Once the funds are available, you can withdraw them in cash and/or we will use them to pay checks that have been written, electronic drafts, or other demands for payment. For check deposits, other than government checks, made at a shared branch facility of ours we will place a two business day hold on the funds from such deposits. For determining the availability of your deposits, every day is a business day, except, Sundays and federal holidays. If you make a deposit before the close of business 3:00 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 the close of business 3:00 pm or on a day that we are not open, we will consider that the deposit was made on the next business day we are open.
Appears in 1 contract