Common use of Holds on Other Funds Clause in Contracts

Holds on Other Funds. If we cash a check for you that is drawn on another institution, we may withhold the availability of a corresponding amount of funds that are already in your account. Those funds will be available to you at the time that the funds from the check we cashed for you would have been available if you had deposited it. If we accept for deposit a check that is drawn on another 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 policy for the type of check that you deposited. Location of Check Endorsements. Federal law requires all check endorsements to be in the first 1-1/2 inches of the trailing edge of the back of the check. The trailing edge is opposite the left side of the face of the check, the side of the check just behind our address. You will be responsible for any costs incurred by us due to delays in returning checks deposited into your account that do not comply with the endorsement standards.

Holds on Other Funds. If we We cash a check for you You that is drawn on another institution, we We may withhold the availability of a corresponding amount of funds that are already in your accountYour Account. Those funds will be available to you You at the time that the funds from the check we We cashed for you You would have been available if you You had deposited it. If we We accept for deposit a check that is drawn on another institution, we We may make funds from the deposit available for withdrawal immediately but delay your Your availability to withdraw a corresponding amount of funds that you You have on deposit in another account with usUs. The funds in the other account would then not be available for withdrawal until the time periods that are described elsewhere in this policy for the type of check that you You deposited. Location of Check Endorsements. Federal law requires all check endorsements to be in the first 1-1/2 inches of the trailing edge of the back of the check. The trailing edge is opposite the left side of the face of the check, the side of the check just behind our Our address. You will be responsible for any costs incurred by us Us due to delays in returning checks deposited into your account Your Account that do not comply with the endorsement standards.

Holds on Other Funds. If we We cash a check for you You that is drawn on another institution, we We may withhold the availability of a corresponding amount of funds that are already in your accountalreadyin Your Account. Those funds will be available to you You at the time that the funds from the check we We cashed for you You would have been available if you You had deposited it. If we We accept for deposit a check that is drawn on another institution, we may make ,We maymake funds from the deposit available for withdrawal immediately but delay your availability to depositavailable forwithdrawal immediatelybutdelay Youravailabilityto withdraw a corresponding amount of funds that you You have on deposit in another account with usUs. The funds in the other account would then not be available for withdrawal until the time periods that are described elsewhere in this policy for policyfor the type of check that you You deposited. Location of Check Endorsements. Federal law requires all check endorsements to be in the first 1-1 1/2 inches of the trailing edge of the back of the check. The trailing edge is opposite the left side of the face of the check, the side of the check just behind our Our address. You will be responsible for any costs incurred by us Us due to delays in returning checks deposited into your account Your Account that do not comply with complywith the endorsement standards. Dividend Payment Policy. See the Account Disclosures section in these Agreements and Disclosures for Our policy on the payment of dividends.

Holds on Other Funds. If we We cash a check for you You that is drawn on another institution, we We may withhold the availability of a corresponding amount of funds that are already in your accountYour Account. Those funds will be available to you You at the time that the funds from the check we We cashed for you You would have been available if you You had deposited it. If we We accept for deposit a check that is drawn on another institution, we We may make funds from the deposit available for withdrawal FUNDS AVAILABILITY POLICY DISCLOSURE (continued) immediately but delay your Your availability to withdraw a corresponding amount of funds that you You have on deposit in another account with usUs. The funds in the other account would then not be available for withdrawal until the time periods that are described elsewhere in this policy for the type of check that you You deposited. Location of Check Endorsements. Federal law requires all check endorsements to be in the first 1-1/2 inches of the trailing edge of the back of the check. The trailing edge is opposite the left side of the face of the check, the side of the check just behind our Our address. You will be responsible for any costs incurred by us Us due to delays in returning checks deposited into your account Your Account that do not comply with the endorsement standards.

Holds on Other Funds. If we We cash a check for you You that is drawn on another institution, we We may withhold the availability of a corresponding amount of funds that are already in your accountYour Account. Those funds will be available to you You at the time that the funds from the check we We cashed for you You would have been available if you You had deposited it. If we We accept for deposit a check that is drawn on another institution, we We may make funds from the deposit available for withdrawal immediately but delay your Your availability to withdraw a corresponding amount of funds that you You have on deposit in another account with usUs. The funds in the other account would then not be available for withdrawal until the time periods that are described elsewhere in this policy for the type of check that you You deposited. Location of Check Endorsements. Federal law requires all check endorsements to be in the first 1-1 1/2 inches of the trailing edge of the back of the check. The trailing edge is opposite the left side of the face of the check, the side of the check just behind our Our address. You will be responsible for any costs incurred by us Us due to delays in returning checks deposited into your account Your Account that do not comply with the endorsement standards. Dividend Payment Policy. See the Account Disclosures section in these Agreements and Disclosures for Our policy on the payment of dividends.