Understanding Your Account Balance. Your account has two kinds of balances: the actual balance and the available balance. Your actual balance reflects the full amount of all deposits to your account as well as payment transactions that have been posted to your account. Your actual balance does not reflect checks you have written and are still outstanding or debit card transactions that have been authorized but are still pending. Your available balance is the amount of money in your account that is available for you to use. Your available balance is your actual balance less: (1) holds placed on deposits pursuant to our Funds Availability Policy; (2) holds on debit card or other transactions that have been authorized but are not yet posted; and (3) any other holds, such as holds related to pledges of account funds and minimum balance requirements, levies, or to comply with court orders. Overdrafts will be determined based on the “available balance” in your account at the time of presentment. Transactions may not be presented in the order which they occurred and the order in which checks or items are received and processed may affect if an overdraft occurs. You may check your available balance online by logging in at xxxxxxx.xxx, at an ATM, via TruWest mobile app, by visiting a credit union branch or by calling us at 0 (000)
Appears in 7 contracts
Samples: Membership & Account Agreement, Membership & Account Agreement, Membership & Account Agreement
