WHEN DEPOSITS ARE RECEIVED Clause Samples

WHEN DEPOSITS ARE RECEIVED. For determining the availability of Your deposits, every day is a Business Day, except Saturdays, Sundays, and federal holidays. However, only deposits made to an employee at a banking center, at a MidFirst ATM, or via Mobile Deposit or Business Mobile Deposit before the cutoff time on a Business Day that We are open will be considered received on that day. For most MidFirst banking centers, the cutoff time is the time the banking center closes on a Business Day. However, certain MidFirst banking centers have earlier cutoff times, but in no case will the cutoff time be earlier than 2:00 p.m. For most ATMs, the cutoff time is 4:00 p.m. central time. Deposits made after the cutoff time applicable to the banking center or ATM at which the deposit is made or on a day We are not open are considered received on the next Business Day We are open.