Holds on Other Funds (Other Accounts. If we accept for deposit a check that is drawn on another financial institution, 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.
Holds on Other Funds (Other Accounts. If we accept for deposit a check that is drawn on another financial institution, we may make funds from the deposit available for withdrawal immediately, but delay your availability to withdraw a corresponding amount of funds you have on deposit in another account with us. The funds in the other account would then not be available until the time period, described elsewhere in this disclosure for the type you deposited, lapse. In some cases, we will not make all of the funds that you deposit by check available to you immediately. Depending on the type of check you deposit, funds may not be available until the business day after the day of your deposit. However, the first $200.00 of your deposits will be available on the first business day after the day we receive your deposit. If we are not going to make all of the funds from your deposit available immediately, 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. In addition, funds you deposit by check may be delayed for a longer period under the following circumstances: · We believe a check you deposit will not be paid. · You deposit checks totaling more than $5,000.00 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 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 eleventh business day after the day of your deposit.
Holds on Other Funds (Other Accounts. If we accept for deposit an Item that is drawn on another financial institution, we may make funds from the deposit available for withdrawal immediately but restrict your ability to withdraw a corresponding amount of funds that you have on deposit in another Account with us for the same amount of time that would be applicable to the original Item. Mobile Deposit Funds. Checks deposited through mobile deposit are subject to verification before funds will be made available. Once the deposit has been received, you’ll be able to view the pending transaction online or on your Mobile Device. While there may be exceptions such as the ones set forth above, mobile deposit of checks received by the Cut Off time on a Business Day will usually Post and become part of your Available Balance in your Account on the same or the next Business Day. If we delay the availability, we will notify you through Digital Banking via a secure message.
Holds on Other Funds (Other Accounts. If you deposit a negotiable instrument that is drawn on another financial institution, we may make those funds available for withdrawal immediately but delay your availability to withdraw a corresponding amount of funds that you have in another account with us. The funds in the other account would not be available for withdrawal until the hold period (as described elsewhere in the disclosure) for the type of negotiable instrument that you deposited has expired.
Holds on Other Funds (Other Accounts. 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 that you deposited. Funds from any deposits (cash or checks) made at ATMs we do not own or operate will not be available until the fifth business day after the day of your deposit. The rule does not apply at ATMs that we own or operate. All ATMs that we own or operate are identified as our machines and are subject to the Funds Availability Policy.
Holds on Other Funds (Other Accounts. 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. If you have a Line of Credit with Washington Federal, we may alternately reduce your available funds on the Line of Credit to cover the deposit. You may be subject to additional fees as provided in the Consumer Fee Schedule. If you need to be sure when a particular deposit will be available for withdrawal, please ask.
Holds on Other Funds (Other Accounts. If we accept for deposit a check that is drawn on another financial What is a Substitute Check?: To make check processing faster, federal law permits financial institutions to replace original checks with “substitute checks.” These checks are similar in size to original checks with a slightly reduced image of the front and back of the original check. What are My Rights Regarding Substitute Checks?: In certain cases, federal law provides a special procedure that allows you to request a refund for losses you suffer if a substitute check is posted to your account (for example, if you think that we withdrew the wrong amount from your account or that we withdrew money from your account more than once for the same check). The losses you may attempt to recover under this procedure may include How do I Make a Claim for a Refund?: If you believe that you have suffered a loss relating to a substitute check that you received and that was posted to your account, please contact us at your local branch, call us at
Holds on Other Funds (Other Accounts. If we accept for deposit a check that is drawn on another financial institution, 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 that you deposited. Substitute Check Policy Disclosure Substitute Checks and Your Rights What is a Substitute Check?: To make check processing faster, federal law permits financial institutions to replace original checks with “substitute checks.” These checks are similar in size to original checks with a slightly reduced image of the front and back of the original check. The front of a substitute check states: “This is a legal copy of your check. You can use it the same way you would use the original check.” You may use a substitute check as proof of payment just like the original check. What Are My Rights Regarding Substitute Checks?: How Do I Make a Claim for a Refund?: If you believe that you have suffered a loss relating to a substitute check that you received and that was posted to your account, please contact your local branch or call 000.000.0000 or log onto the Member Connect section of the LGFCU website at xxxxx.xxx to complete the appropriate form. You must contact us within 60 calendar days of the date that we mailed (or otherwise delivered by a means to which you agreed) the substitute check in question or the date of the account statement showing that the substitute check was posted to your account, whichever is later. We will extend this time period if you were not able to make a timely claim because of extraordinary circumstances. Deposits to and Withdrawals from Your Account Deposits
Holds on Other Funds (Other Accounts. If we accept for deposit a check that is drawn on another financial
Holds on Other Funds (Other Accounts. If we accept for deposit a check that is drawn on another financial procedures. Federally insured by NCUA 10% 230 10/16 You agree to accept these terms and conditions and are electing to receive electronic correspondence from MSU Federal Credit Union (MSUFCU). • You will receive certain MSUFCU correspondence at the email address you provide to us. The correspondence may include, but is not limited to: Account Statement Notices, Visa Statement Notices, IRS Tax Form Notices, and Transaction Notices (non-sufficient funds, Courtesy Pay, and overdraft notices). • MSUFCU will accumulate a 36-month, online archive of account and Visa statements and IRS Tax Forms. • Your consent for electronic IRS Tax Forms applies to every year the statement is furnished or until you cancel your electronic enrollment. • You agree to view any changes in disclosures, election information, or updates to MSUFCU products, services, or fees electronically. • Some correspondence that you receive via email may contain links to the MSUFCU website and ComputerLine for additional information. You will need to use your ComputerLine login credentials to access this information. • While enrolled in electronic correspondence, you will not receive the same correspondence via the U.S. Postal Service. However, you will continue to receive correspondence that is currently not available electronically through the U.S. Postal Service. • You must have a valid email address that we will use to send information using unencrypted email. You will remain enrolled in our electronic service(s) as long as you meet the eligibility requirements, or unless you request otherwise. Consecutive undeliverable email attempts may cause MSUFCU to revoke electronic services until a valid email address is provided. • At any time, you may cancel enrollment for electronic correspondence by visiting an MSUFCU branch, calling 000-000-0000 or toll-free 000-000-0000, or logging into ComputerLine with your account number and password, then changing your preference to paper statements or account notices. If you currently have a Totally Green Checking account, eStatements and eNotices are required and cannot be changed via ComputerLine. You will need to contact MSUFCU directly to be converted to paper statements and Classic Checking. • When you cancel your enrollment in a service(s), we will resume mailing all of your correspondence as elected through the U.S. Postal Service at no additional charge to you1 and discontinue electron...
