Common use of Reservation of Right to Hold Clause in Contracts

Reservation of Right to Hold. In some cases, we will not make all of the funds that you deposit by check available to you on the same business day that we receive your deposit. Funds may not be available for withdrawal until the seventh business day after the day of your deposit (see Sections three through nine). The first $500 of your deposit, however, will be available for withdrawal on the same business day of your deposit. The remaining funds will be available on the second business day after the day of deposit. If we are not going to make all of the funds from your deposit available for withdrawal on the 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 for withdrawal. If your deposit is not made directly to one of our employees, or if we 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 for withdrawal.

Reservation of Right to Hold. In some cases, we will not make all of the funds that you deposit by check available to you on the same business day of a deposit. Depending on the type of check that you deposit, funds may not be available until the fifth business day after the day of your deposit. The first $225 of your deposits, however, will be available on the same business day we receive your deposit. Funds may Generally, if we are not be going to make all the funds from your deposit available for withdrawal until on the seventh same business day of your deposit (or the first business day after the day of your deposit (see Sections three through ninefor transit checks deposited to a CashPoints ATM). The first $500 of your deposit, however, will be available for withdrawal on the same business day of your deposit. The remaining funds will be available on the second business day after the day of deposit. If we are not going to make all of the funds from your deposit available for withdrawal on the 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 for withdrawalavailable. 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 end of 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 for withdrawalavailable.

Reservation of Right to Hold. In some cases, we will not make all of the funds that you deposit by check available to you on the same business day that we receive your of a deposit. Funds Depending on the type of check that you deposit, funds may not be available for withdrawal until the seventh fifth business day after the day of your deposit (see Sections three through nine)deposit. The first $500 200 of your depositdeposits, however, will be available for withdrawal on the same business day of we receive your deposit. The remaining funds will be available on the second business day after the day of deposit. If Generally, if we are not going to make all of the funds from your deposit available for withdrawal on the same business dayday of your deposit (or the first business day after the day of your deposit for transit checks deposited to a CashPoints ATM), we will notify you at the time you make your deposit. We will also tell you when the funds will be available for withdrawalavailable. 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 end of 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 for withdrawalavailable.

Reservation of Right to Hold. In some cases, we will not make all of the funds that you deposit by check available to you on the same business day that we receive your deposit. Funds may not be available for withdrawal until the seventh business day after the day of your deposit (see Sections three 3 through nine9). The first $500 200 of your deposit, however, will be available for withdrawal on the same business day of your deposit. The remaining funds will be available on the second business day after the day of deposit. If we are not going to make all of the funds from your deposit available for withdrawal on the 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 for withdrawal. If your deposit is not made directly to one of our employees, or if we 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 for withdrawal.

Reservation of Right to Hold. In some cases, we will not make all of the funds that you deposit by check available to you on the same business day that we receive your deposit. Funds may not be available for withdrawal until the seventh business day after the day of your deposit (see Sections three sections 3 through nine7). The first $500 200 of your deposit, however, will may be available for withdrawal on the same next business day of your deposit. The remaining funds will be available on the second business day after the day of depositdeposit (when we do not waive this right per 1 above). If we are not going to make all of the funds from your deposit available for withdrawal on the 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 for withdrawal. If your deposit is not made directly to one of our employees, or if we 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 for withdrawal. The Credit Union may place a hold on your Visa credit card payment for up to five days.