Our Machines. If you make a deposit at an ATM identified as ours, your deposit will generally be available on the first business day after deposit. LONGER DELAYS MAY APPLY Case-by-Case Holds In some cases, we will not make all of the funds that you deposit by check available to you as provided above. 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 $225 (or such greater amount as required by annual adjustments to Regulation CC) of your deposits, however, will generally be available no later than the first business day after the day of deposit, and usually immediately. 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; or soon after as reasonably practical. We will also tell you when the funds will be available. If your deposit is not made directly to one of our employees (including a deposit made at an ATM) or if we decide to take action after you have left the premises, we will send you a 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 a longer period under the following circumstances: • We believe a check you deposit will not be paid. • You deposit checks totaling more than $5,525 or such greater amount as allowed by annual adjustments to Regulation CC on any one day. • You redeposit a check that has been returned unpaid. • One or more of your accounts has been overdrawn repeatedly in the last six (6) months. • There is an emergency, such as failure of computer or 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 will generally be available no later than the seventh business day after the day of your deposit.
Our Machines. If you make a deposit at an ATM identified as ours with the Credit Union’s name, your deposit will generally be available on the first business day after the day of deposit. On The Grid does not currently own any ATM machines.
Our Machines. If you make a deposit at an ATM identified as ours with the Credit Union’s name, the first $225 from the aggregate of all other deposits made on any given day will generally be made available on the following business day.
Our Machines. If you make a deposit at an ATM identified as ours with the credit union’s name, your deposit will generally be available on the first business day after the day of deposit. LONGER DELAYS MAY APPLY Safeguard Exceptions. 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 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. They will generally be available no later than the seventh business day after the day of your deposit. Special rules for new accounts. If you are a new customer, the following special rules may apply during the first 30 days the account is open. Funds from electronic direct deposits to your account are available on the day we receive the deposit. Funds from deposits of cash, wire transfers, and the first $5,000 of a day’s total deposits of cashier’s, certified, teller’s, traveler’s, and federal, state and local government checks are available no later than the first business day after the day of your deposit if the deposit meets certain conditions. For example, the checks must be payable to you and deposited in person to one of our employees. The excess over $5,000 is available by the fifth business day after the day of your deposit. If your deposit of these checks (other than a U.S. Treasury check) is not made in person to one of our employees, the first $5,000 will not be available until the second business day after the day of deposit. Funds from all other check deposits are generally available by the eleventh business day after the day of your deposit.
