Common use of Your Checking Account Balance Clause in Contracts

Your Checking Account Balance. Your checking account has two balances: the “actual” balance and the “available” balance. Both can be checked when you review your account online, at an ATM, by phone, or at a service center. It is important to understand how the two balances work so that you know how much money is in your account at any given time. This section explains actual and available balances and how they work. Your actual balance is the full amount of all deposits, even though some portion of a deposit may be on hold and may not be available to you (See Ent’s Deposit Availability Policy for more information), less payment transactions that have “posted” to your account, but not payment transactions that have been authorized and are pending. Thus, while the term “actual” may sound as though the number you see is an up-to-date display of what is in your account that you can spend, that is not always the case. Any holds for purchase transactions, holds on deposits, or other checks, payments and fees that have not yet been posted will not appear in your actual balance. For example, if you have a $50 actual balance, but you just wrote a check for $40, then your actual balance is $50 but it does not reflect the pending check transaction. So, at that point, you actually have $50, but you have already spent $40. Your available balance is the amount of money in your account that is available to you to use. The available balance is the actual balance less things like holds placed on deposits and pending transactions (such as pending debit card purchases) that Ent has authorized but that have not yet posted to your account. For example, assume you have an actual balance of $50 and an available balance of $50. If you were to swipe your debit card at a restaurant to buy lunch for $20, then that merchant would ask us to pre-authorize the payment. If we authorize the payment, we will reduce your available balance by $20 because once we authorize the payment, we are obligated to pay. Your actual balance would still be $50 because this transaction has not yet been posted and we have not actually paid it, but your available balance would be $30 because you and we have committed to pay the restaurant $20. When the restaurant submits its bill for payment (which could be a few days later), we will post the transaction to your account and your actual balance will be reduced by $20 and your available balance will remain the same. Assume your actual and available balance are both $100, and you swipe your debit card at a restaurant for $60. As a result, your available balance will be reduced by $60 so your available balance is only $40. Your actual balance is still $100. Before the restaurant charge is sent to us for posting, a check that you wrote for $50 clears. Because you have only $40 available (you have committed to pay the restaurant $60), your account will be overdrawn by $10, even though your actual balance was $100 before the check posted and is still $50 after the check posts. In this case, we may pay the $50 check, but you will be charged an overdraft fee of $30. That fee will be deducted from your account, further reducing the balance. When the $60 restaurant charge is presented and posted to your account, you will not have enough money in your available balance because of the intervening check. You will not be charged a fee, however, because your available balance was sufficient at the time the transaction was authorized. It is very important to understand that you may still overdraw your account even though the available balance appears to show there are sufficient funds to cover a transaction that you want to make. This is because your available balance may not reflect all your outstanding checks and ACH transactions that you have authorized, or other outstanding transactions that have not been paid from your account. In the example above, the outstanding check will not be reflected in your available balance until it is presented to us and posted to your account. In addition, your available balance may not reflect all of your debit-card transactions. For example, if a merchant obtains our prior authorization but does not submit a one-time debit card transaction for payment within three (3) business days of authorization (or for up to thirty (30) business days for certain types of debit card transactions), we must release the authorization hold on the transaction. The available balance will not reflect this transaction once the hold has been released until the transaction has been received by us and paid from your account.

Your Checking Account Balance. Your checking account has two balances: the “actual” balance and the “available” balance. Both can be checked when you review your account online, on our mobile banking app, at an ATM, by phone, or at a service centerbranch. It is important to understand how the two balances work so that you know how much money is in your account at any given time. This section explains actual and available balances and how they work. Your actual balance is the full amount of all deposits, even though some portion of a deposit may be on hold and may not be available to you (See Ent’s Deposit Availability Policy for more informationsee Your Ability to Withdraw Funds below), less payment transactions that have “posted” to and have been paid from your account, but not payment transactions that have been authorized and are pending. Thus, while the term “actual” may sound as though the number you see is an up-to-date display of what is in your account that you can spend, that is not always the case. Any holds for purchase transactions, holds on deposits, or other checks, payments and fees that have not yet been posted will not appear in your actual balance. For example, if you have a $50 actual balance, but you just wrote a check for $40, then your actual balance is $50 but it does not reflect the pending check transaction. So, So at that point, you actually have $50, but you have already spent $40. Your actual balance is the balance that appears on your periodic account statements. Your available balance is the amount of money in your account that is available to you to use. The available balance is the actual balance less things like holds placed on deposits and pending transactions (such as pending debit card purchases) that Ent the Credit Union has authorized but that have not yet posted to your account. For example, assume you have an actual balance of $50 and an available balance of $50. If you were to swipe your debit card at a restaurant to buy lunch for $20, then that merchant would could ask us to pre-authorize the payment. If we authorize the paymentIn that case, we will reduce your available balance by $20 because once we authorize the payment, we are obligated to pay. Your actual balance would still be $50 because this transaction has not yet been posted and we have not actually paid itposted, but your available balance would be $30 because you and we have committed to pay the restaurant $20. When the restaurant submits its bill for payment (which could be a few days later), we will post the transaction to your account and your actual balance also will be reduced by $20 and your 20. We use available balance will remain at the sametime transactions are presented to us to decide whether to authorize them for payment. We also use available balance Assume your actual and available balance are both $100, and you swipe your debit card at a restaurant for $6075. As a result, your available balance will be reduced by $60 75 so your available balance is only $4025. Your actual balance is still $100. Before the restaurant charge is sent to us for posting, a check that you wrote for $50 clears. Because you have only $40 25 available (you have committed to pay the restaurant $6075), your account will be overdrawn by $1025, even though your actual balance was $100 before the check posted and is still $50 after the check posts100. In this case, we may reject the check, in which case you will be charged a Return Item fee. If you are eligible for Courtesy Pay, then we may pay the $50 check, but you will be charged an overdraft fee of $30. That fee will be deducted from your account, further reducing the balance. When the $60 restaurant charge is presented and posted to your account, you will not have enough money in your available balance because of the intervening check. You will not be charged a fee, however, Overdraft Fee because your available balance was not sufficient at the time of payment to cover the transaction was authorizedcheck. It is very important to understand that you may still overdraw your account even though the available balance appears to show there are sufficient funds to cover a transaction that you want to make. This is because your available balance may not reflect all your the outstanding checks and ACH transactions automatic bill payments that you have authorized, or other outstanding transactions that have not been paid from your account. In the example above, the outstanding check will not be reflected in your available balance until it is presented to us and posted to your account. In addition, your available balance may not reflect all of your debit-the debit card transactionstransactions we have authorized. For example, if a merchant obtains our prior authorization but does not submit a one-time debit card transaction for payment forpayment within three (3) business days of authorization (or for up to thirty (30) business days for certain types of debit card transactions), we must release the authorization hold on the transaction. The available balance will not reflect this transaction once the hold has been released until the transaction has been received by us and paid from your account.

Your Checking Account Balance. Your checking account has two balances: the “actual” balance and the “available” balance. Both can be checked when you review your account online, on our mobile banking app, at an ATM, by phone, or at a service centerbranch. It is important to understand how the two balances work so that you know how much money is in your account at any given time. This section explains actual and available balances and how they work. Your actual balance is the full amount of all deposits, even though some portion of a deposit may be on hold and may not be available to you (See Ent’s Deposit Availability Policy for more informationsee Your Ability to Withdraw Funds below), less payment transactions that have “posted” to and have been paid from your account, but not payment transactions that have been authorized and are pending. Thus, while the term “actual” may sound as though the number you see is an up-to-date display of what is in your account that you can spend, that is not always the case. Any holds for purchase transactions, holds on deposits, or other checks, payments and fees that have not yet been posted will not appear in your actual balance. For example, if you have a $50 actual balance, but you just wrote a check for $40, then your actual balance is $50 but it does not reflect the pending check transaction. So, So at that point, you actually have $50, but you have already spent $40. Your actual balance is the balance that appears on your periodic account statements. Your available balance is the amount of money in your account that is available to you to use. The available balance is the actual balance less things like holds placed on deposits and pending transactions (such as pending debit card purchases) that Ent the Credit Union has authorized but that have not yet posted to your account. For example, assume you have an actual balance of $50 and an available balance of $50. If you were to swipe your debit card at a restaurant to buy lunch for $20, then that merchant would could ask us to pre-authorize the payment. If we authorize the paymentIn that case, we will reduce your available balance by $20 because once we authorize the payment, we are obligated to pay. Your actual balance would still be $50 because this transaction has not yet been posted and we have not actually paid itposted, but your available balance would be $30 because you and we have committed to pay the restaurant $20. When the restaurant submits its bill for payment (which could be a few days later), we will post the transaction to your account and your actual balance also will be reduced by $20 and your 20. We use available balance will remain at the sametime transactions are presented to us to decide whether to authorize them for payment. We also use available balance Assume your actual and available balance are both $100, and you swipe your debit card at a restaurant for $6075. As a result, your available balance will be reduced by $60 75 so your available balance is only $4025. Your actual balance is still $100. Before the restaurant charge is sent to us for posting, a check that you wrote for $50 clears. Because you have only $40 25 available (you have committed to pay the restaurant $6075), your account will be overdrawn by $1025, even though your actual balance was $100 before the check posted and is still $50 after the check posts100. In this case, we may reject the check, in which case you will be charged a Return Item fee. If you are eligible for Courtesy Pay, then we may pay the $50 check, but you will be charged an overdraft fee of $30. That fee will be deducted from your account, further reducing the balance. When the $60 restaurant charge is presented and posted to your account, you will not have enough money in your available balance because of the intervening check. You will not be charged a fee, however, Overdraft Fee because your available balance was not sufficient at the time of payment to cover the transaction was authorizedcheck. It is very important to understand that you may still overdraw your account even though the available balance appears to show there are sufficient funds to cover a transaction that you want to make. This is because your available balance may not reflect all your the outstanding checks and ACH transactions automatic bill payments that you have authorized, or other outstanding transactions that have not been paid from your account. In the example above, the outstanding check will not be reflected in your available balance until it is presented to us and posted to your account. In addition, your available balance may not reflect all of your debit-the debit card transactionstransactions we have authorized. For example, if a merchant obtains our prior authorization but does not submit a one-time debit card transaction for payment within three (3) business days of authorization (or for up to thirty (30) business days for certain types of debit card transactions), we must release the authorization hold on the transaction. The available balance will not reflect this transaction once the hold has been released until the transaction has been received by us and paid from your account.

Your Checking Account Balance. (a) Your checking account has two kinds of balances: the “actual” actual balance and the “available” available balance. Both can be checked when you review your account online, at an a Credit Union- owned ATM, by phonethrough automated telephone, or at a service centerbranch. It is important to understand how the two balances work so that you know how much money is in your account at any given time. This section explains actual and available balances and how they work. . (b) Your actual balance is the full amount of money that is actually in your account at any given time, but not all depositsfunds included in the actual balance are considered available for transactions on your account. The actual balance is also referred to as your “Ledger Balance” on Credit Union ATM screens and your “Balance” in Online Banking, even though some portion of a deposit may be on hold Mobile Banking and may not be available to when you (See Ent’s Deposit Availability Policy for more information), less payment use our automated telephone banking system. Your actual balance reflects transactions that have “posted” posted to your account, but not payment transactions that have been authorized and are pending. Thus, while pending deposits that are subject to holds under our Funds Availability Policy will be reflected in the actual balance even though they are not yet “available.” While the term “actual” may sound as though the number you see is an up-to-to- date display indication of what is in your account that you can spend, that is not always the case. Any holds for purchase transactionsYour actual balance will not reflect any purchases, holds on depositsholds, fees, other charges, or other checks, payments and fees deposits made on your account that have not yet been posted will not appear in your actual balanceposted. For example, if you have a $50 actual balance, but you just wrote a check for $40, then your actual balance is $50 but it does not reflect the pending check transaction. So, So at that point, you actually have an actual balance of $50, but you have already spent $40. . (c) Your available balance is the amount of money in your account that is available to you to useuse without incurring an overdraft fee. The available balance is the actual balance less things like takes into account factors such as holds placed on deposits and pending transactions (such as pending debit card purchases) that Ent the Credit Union has authorized but that have not yet posted to your account. For example, assume you have an actual balance of $50 and an available balance of $50. If you were to swipe use your debit card at a restaurant to buy lunch for $20, then that merchant would could ask us to pre-authorize the paymentpayment in that amount (or even a different amount). If we authorize Under this example, if the paymentmerchant requested preauthorization in the amount of $20, we will reduce place a “hold” on your available balance by account for $20 because once we authorize the payment, we are obligated (referred to payas an “authorization hold”). Your actual balance would still be $50 because this transaction has not yet been posted and we have not actually paid itposted, but your available balance would be $30 because you and we have committed to pay of the restaurant restaurant’s preauthorization request that resulted in an authorization hold on $2020 in your account. When the restaurant submits its bill for payment (which could be a few days laterlater and for a different amount than the amount of the authorization hold), we will release the authorization hold, post the transaction to your account account, and your actual balance will be reduced by $20 and the amount of the posted transaction. (d) We use your available balance at the time a transaction posts to determine whether your account is overdrawn and whether Courtesy Pay Fees will remain be assessed. Your account is considered overdrawn when the sameavailable balance in your account is negative (less than $0). In making this determination, we check your available balance at two separate times—first, at the time a merchant authorization request is received, and second, when the transaction “settles” and posts to your account. If your available balance is insufficient to pay the transaction amount requested by a merchant, we will decline the request. If your available balance is sufficient to cover a merchant’s authorization request, the authorization request will be approved and an authorization hold will be placed on your account in the amount of the merchant’s authorization request. If the transaction later “settles” and posts to your account at a time when the available balance is insufficient to pay the posted transaction without causing the account to have a negative balance (less than $0), we will charge a Courtesy Pay Fee on that transaction even though the available balance was sufficient to cover it at the time the transaction was authorized. The following example illustrates how this works: Assume your actual and available balance are both $10050, and you swipe use your debit card at a restaurant for $6020. As a resultIf the restaurant requests preauthorization in the amount of $20, an authorization hold is placed on $20 in your available balance will be reduced by $60 account, so your available balance is only $4030. Your actual balance is still would remain $10050. Before the restaurant charge is sent to us for postingpayment, a check that you wrote for $50 40 clears. Because you have your available balance is only $40 available 30 (you have committed due to pay the restaurant authorization hold of $6020), your account will be overdrawn by $10, even though your actual balance was is $100 before the check posted and is still $50 after the check posts50. In this case, if we may pay the $50 check40 check under the Courtesy Pay Service, but we will charge you will be charged an overdraft fee a Courtesy Pay Fee of $30. That fee 29, which will be deducted from your account, further reducing increasing the balanceoverdrawn amount. When In addition, when the $60 restaurant charge is presented finally submitted to us for payment, we will release the authorization hold and pay the transaction amount (which may be $20 or even a different amount, for example, if you added a tip) to the restaurant. Because the amount of the restaurant charge exceeded your available balance at the time the restaurant charge “settled” (i.e., posted to your account), we will charge you will not have enough money in your available balance because a Courtesy Pay fee of the intervening check. You will not be charged a fee$29, however, because your available balance was sufficient at the time the transaction was authorized. It is very important to understand that you may still overdraw your account even though the restaurant transaction was authorized and approved with a sufficient available balance appears to show there are sufficient funds to cover a transaction that you want to makebalance. (e) YOU ACKNOWLEDGE THAT YOU MAY STILL OVERDRAW YOUR ACCOUNT EVEN THOUGH THE AVAILABLE BALANCE APPEARS TO SHOW THERE ARE SUFFICIENT FUNDS TO COVER A TRANSACTION THAT YOU WANT TO MAKE. This is because we check your available balance at two separate times as explained above, in addition to the fact that your available balance may not reflect all your outstanding checks and ACH transactions checks, automatic bill payments that you have authorized, or other outstanding transactions that have not yet been paid from your account. In the example above, the outstanding check will not be reflected in your available balance until it is presented to us and posted to paid from your account. . (f) In addition, your available balance may not reflect all of your debit-debit card transactions. For example, if a merchant obtains our prior authorization but does not submit a one-time debit card transaction for payment within three (3) business days of authorization (or for up to thirty (30) business days for certain types of debit card transactions, including but not limited to car rental transactions and international transactions), we must release the authorization hold on the transaction. The available balance will not reflect this transaction once the hold has been released until released. Refer to the transaction has been received by us and paid from section entitled “Authorization Holds for Debit Card Transactions” below for information about how authorization holds affect your available balance. (g) Finally, your available balance may not reflect the most recent deposits to your account. Refer to our Funds Availability Policy for information regarding the availability for withdrawal of your deposits.

Your Checking Account Balance. 1. Your checking account has two kinds of balances: the “actual” balance and the “available” balance. Both can be checked when you review your account online, at an a Credit Union owned ATM, by phone, or at a service centerbranch. It is important to understand how the two balances work so that you know how much money is available in your account at any given time. This section explains actual and available balances and how they work. Your actual balance is the full amount of money that is actually in your account earning dividends at any given time, but not all deposits, even though some portion of a deposit may be funds included in the actual balance are considered available for transactions on hold your account. The actual balance is also referred to as: (a) your balance on Credit Union ATM screens; (b) your current balance in online banking and may not be available to in Mobile Banking; and (c) your current balance when you (See Ent’s Deposit Availability Policy for more information), less payment use our automated telephone banking system. Your actual balance reflects transactions that have “posted” to your account, but not payment transactions that have been authorized and are pendingpending or pending deposits that are subject to holds under our Funds Availability Policy. Thus, while While the term “actual” may sound as though the number you see is an up-to-up to date display indication of what is in your account that you can spend, that is not always the case. Any holds for purchase transactionsYour actual balance will not reflect any purchases, holds on depositsholds, fees, other charges, or other checks, payments and fees deposits made on your account that have not yet been posted will not appear in your actual balanceposted. For example, if you have a $50 actual balance, but you just wrote a check for $40, then your actual balance is $50 but it does not reflect the pending check transaction. So, at that point, you actually have an actual balance of $50, but you have already spent $40. 2. Your available balance is the amount of money in your account that is available to you to useuse without incurring an overdraft fee. The available balance is the actual balance less things like takes into account factors such as holds placed on deposits and pending transactions (such as pending debit card Debit Card purchases) that Ent the Credit Union has authorized but that have not yet posted to your account. For example, assume you have an actual balance of $50 and an available balance of $50. If you were to swipe use your debit card Debit Card at a restaurant to buy lunch for $20, then that merchant would could ask us to pre-pre authorize the paymentpayment in that amount (or even a different amount). If we authorize Under this example, if the paymentmerchant requested preauthorization in the amount of $20, we will reduce place a “hold” on your available balance by account for $20 because once we authorize the payment, we are obligated (referred to payas an “authorization hold”). Your actual balance would still be $50 because this transaction has not yet been posted and we have not actually paid itposted, but your available balance would be $30 because you and we have committed to pay of the restaurant restaurant’s preauthorization request that resulted in an authorization hold on $2020 in your account. When the restaurant submits its bill for payment (which could be a few days laterlater and for a different amount than the amount of the authorization hold), we will release the authorization hold, post the transaction to your account account, and reduce your actual balance will be reduced by the amount of the posted transaction. 3. Your available balance may not reflect all of your Debit Card transactions. Your account is considered overdrawn when the available balance in your account is negative (less than $20 0). For Debit Card transactions involving merchant authorization holds, we look at the available balance at the time a transaction posts to determine whether the transaction results in an overdraft and potential related fees. [In making this determination, we check your available balance at two separate times first, at the time a merchant authorization request is received, and second, when the transaction “settles” and posts to your account. If your available balance is insufficient to pay the preauthorization amount requested by a merchant, we will remain decline the samerequest. If your available balance is sufficient to cover a merchant’s authorization request, the authorization request will be approved and an authorization hold will be placed on your account in the amount of the merchant’s authorization request. If the transaction later “settles” and posts to your account at a time when the available balance is insufficient to pay the posted transaction without causing the account to have a negative balance (less than $0), we will charge a Courtesy Pay Fee on that transaction even though the available balance was sufficient to cover it at the time the transaction was authorized.] Your account is considered overdrawn when the available balance in your account is negative (less than $0). The following example illustrates how this works: Assume your actual and available balance are both $10050, and you swipe use your debit card Debit Card at a restaurant for $6020. As a resultIf the restaurant requests preauthorization in the amount of $20, an authorization hold is placed on $20 in your available balance will be reduced by $60 account, so your available balance is only $4030. Your actual balance is still would remain $10050. Before the restaurant charge is sent to us for postingpayment, a check that you wrote for $50 40 clears. Because you have your available balance is only $40 available 30 (you have committed due to pay the restaurant authorization hold of $6020), your account will be overdrawn by $10, even though your actual balance was is $100 before the check posted and is still $50 after the check posts50. In this case, if we may pay the $50 check40 check under the Courtesy Pay Service, but we will charge you will be charged an overdraft fee of $30. That fee a Courtesy Pay Fee as disclosed in our Fee Schedule, which will be deducted from your account, further reducing increasing the balanceoverdrawn amount. When In addition, when the $60 restaurant charge is presented finally submitted to us for payment, we will release the authorization hold and pay the transaction amount (which may be $20 or even a different amount, for example, if you added a tip) to the restaurant. Because the amount of the restaurant charge exceeded your available balance at the time the restaurant charge “settled” (i.e., posted to your account), we will charge you will not have enough money a Courtesy Pay fee as disclosed in your available balance because of the intervening check. You will not be charged a feeour Fee Schedule, however, because your available balance was sufficient at the time the transaction was authorized. It is very important to understand that you may still overdraw your account even though the restaurant transaction was authorized and approved with a sufficient available balance appears to show there are sufficient funds to cover a transaction that you want to makebalance. 4. YOU ACKNOWLEDGE THAT YOU MAY STILL OVERDRAW YOUR ACCOUNT EVEN THOUGH THE AVAILABLE BALANCE APPEARS TO SHOW THERE ARE SUFFICIENT FUNDS TO COVER A TRANSACTION THAT YOU WANT TO MAKE. This is because we check your available balance at two separate times as explained above, in addition to the fact that your available balance may not reflect all your outstanding checks and ACH transactions checks, automatic bill payments that you have authorized, or other outstanding transactions that have not yet been paid from your account. In the example above, the outstanding check will not be reflected in your available balance until it is presented to us and posted to paid from your account. 5. In additionAlso, your available balance may not reflect all of your debit-card Debit Card transactions. For example, if a merchant obtains our prior authorization but does not submit a one-one time debit card Debit Card transaction for payment within three (3) business days of authorization (or for up to thirty (30) business days for certain types of debit card Debit Card transactions, including but not limited to car rental transactions and international transactions), we must release the authorization hold on the transaction. The available balance will not reflect this transaction once the hold has been released until released, which generally occurs when the transaction has been received by us and paid from your account. Refer to the section entitled “Authorization Holds for Debit Card Transactions” below for information about how authorization holds affect your available balance. 6. Finally, your available balance may not reflect the most recent deposits to your account. Refer to our Funds Availability policy for information regarding the availability for withdrawal of your deposits. You should not assume that you can avoid overdrawing your account by making a deposit before a check or other item is presented for payment because your deposit may not be immediately available for withdrawal.

Your Checking Account Balance. Your checking account has two balances: the “actual” balance and the “available” balance. Both can be checked when you review your account online, on our mobile banking app, at an ATM, by phone, or at a service centerbranch. It is important to understand how the two balances work so that you know how much money is in your account at any given time. This section explains actual and available balances and how they work. Your actual balance is the full amount of all deposits, even though some portion of a deposit may be on hold and may not be available to you (See Ent’s Deposit Availability Policy for more informationsee Your Ability to Withdraw Funds below), less payment transactions that have “posted” to and have been paid from your account, but not payment transactions that have been authorized and are pending. Thus, while the term “actual” may sound as though the number you see is an up-to-date display of what is in your account that you can spend, that is not always the case. Any holds for purchase transactions, holds on deposits, or other checks, payments and fees that have not yet been posted will not appear in your actual balance. For example, if you have a $50 actual balance, but you just wrote a check for $40, then your actual balance is $50 but it does not reflect the pending check transaction. So, So at that point, you actually have $50, but you have already spent $40. Your actual balance is the balance that appears on your periodic account statements. Your available balance is the amount of money in your account that is available to you to use. The available balance is the actual balance less things like holds placed on deposits and pending transactions (such as pending debit card purchases) that Ent has the Credit Unionhas authorized but that have not yet posted to your account. For example, assume you have an actual balance of $50 and an available balance of $50. If you were to swipe your debit card at a restaurant to buy lunch for $20, then that merchant would could ask us to pre-authorize the payment. If we authorize the paymentIn that case, we will reduce your available balance by $20 because once we authorize the payment, we are obligated to pay. Your actual balance would still be $50 because this transaction has not yet been posted and we have not actually paid itposted, but your available balance would be $30 because you and we have committed to pay the restaurant $20. When the restaurant submits its bill for payment (which could be a few days later), we will post the transaction to your account and your actual balance also will be reduced by $20 and your 20. We use available balance will remain at the sametime transactions are presented to us to decide whether to authorize them for payment. We also use available balance Assume your actual and available balance are both $100, and you swipe your debit card at a restaurant for $6075. As a result, your available balance will be reduced by $60 75 so your available balance is only $4025. Your actual balance is still $100. Before the restaurant charge is sent to us for posting, a check that you wrote for $50 clears. Because you have only $40 25 available (you have committed to pay the restaurant $6075), your account will be overdrawn by $1025, even though your actual balance was $100 before the check posted and is still $50 after the check posts100. In this case, we may reject the check, in which case you will be charged a Return Item fee. If you are eligible for Courtesy Pay, then we may pay the $50 check, but you will be charged an overdraft fee of $30. That fee will be deducted from your account, further reducing the balance. When the $60 restaurant charge is presented and posted to your account, you will not have enough money in your available balance because of the intervening check. You will not be charged a fee, however, Overdraft Fee because your available balance was not sufficient at the time of payment to cover the transaction was authorizedcheck. It is very important to understand that you may still overdraw your account even though the available balance appears to show there are sufficient funds to cover a transaction that you want to make. This is because your available balance may not reflect all your the outstanding checks and ACH transactions automatic bill payments that you have authorized, or other outstanding transactions that have not been paid from your account. In the example above, the outstanding check will not be reflected in your available balance until it is presented to us and posted to your account. In addition, your available balance may not reflect all of your debit-the debit card transactionstransactions we have authorized. For example, if a merchant obtains our prior authorization but does not submit a one-time debit card transaction for payment forpayment within three (3) business days of authorization (or for up to thirty (30) business days for certain types of debit card transactions), we must release the authorization hold on the transaction. The available balance will not reflect this transaction once the hold has been released until the transaction has been received by us and paid from your account.

Your Checking Account Balance. Your checking account has two balances: the “actual” balance and the “available” balance. Both can be checked when you review your account online, on our mobile banking app, at an ATM, by phone, or at a service centerbranch. It is important to understand how the two balances work so that you know how much money is in your account at any given time. This section explains actual and available balances and how they work. Your actual balance is the full amount of all deposits, even though some portion of a deposit may be on hold and may not be available to you (See Ent’s Deposit Availability Policy for more informationsee Your Ability to Withdraw Funds below), less payment transactions that have “posted” to and have been paid from your account, but not payment transactions that have been authorized and are pending. Thus, while the term “actual” may sound as though the number you see is an up-to-date display of what is in your account that you can spend, that is not always the case. Any holds for purchase transactions, holds on deposits, or other checks, payments and fees that have not yet been posted will not appear in your actual balance. For example, if you have a $50 actual balance, but you just wrote a check for $40, then your actual balance is $50 but it does not reflect the pending check transaction. So, So at that point, you actually have $50, but you have already spent $40. Your actual balance is the balance that appears on your periodic account statements. Your available balance is the amount of money in your account that is available to you to use. The available balance is the actual balance less things like holds placed on deposits and pending transactions (such as pending debit card purchases) that Ent the Credit Union has authorized but that have not yet posted to your account. For example, assume you have an actual balance of $50 and an available balance of $50. If you were to swipe your debit card at a restaurant to buy lunch for $20, then that merchant would could ask us to pre-authorize the payment. If we authorize the paymentIn that case, we will reduce your available balance by $20 because once we authorize the payment, we are obligated to pay. Your actual balance would still be $50 because this transaction has not yet been posted and we have not actually paid itposted, but your available balance would be $30 because you and we have committed to pay the restaurant $20. When the restaurant submits its bill for payment (which could be a few days later), we will post the transaction to your account and your actual balance also will be reduced by $20 and your 20. We use available balance will remain at the sametime transactions are presented to us to decide whether to authorize them for payment. We also use available balance at the time transactions are posted and actually paid (not when they are authorized) to decide whether to charge Overdraft Fees. The following example illustrates how this works: Assume your actual and available balance are both $100, and you swipe your debit card at a restaurant for $60. As a result, your available balance will be reduced by $60 so your available balance is only $40. Your actual balance is still $100. Before the restaurant charge is sent to us for posting, a check that you wrote for $50 clears. Because you have only $40 available (you have committed to pay the restaurant $60), your account will be overdrawn by $10, even though your actual balance was $100 before the check posted and is still $50 after the check posts100. In this case, we may reject the check, in which case you will be charged a Return Item fee. If you are eligible for Courtesy Pay, then we may pay the $50 check, but you will be charged an overdraft fee Overdraft Fee because your available balance was not sufficient at the time of $30payment to cover the check. That fee will be deducted from your accountAlso, further reducing the balance. When when the $60 restaurant charge is presented later submitted to the Credit Union and posted to your account, you will not have enough money in your available balance because of the intervening check. You , and you will not be charged a feefee for that transaction as well, however, because even though your available balance was sufficient at the time the transaction positive when it was authorized. It is very important to understand that you may still overdraw your account even though the available balance appears to show there are sufficient funds to cover a transaction that you want to make. This is because your available balance may not reflect all your the outstanding checks and ACH transactions automatic bill payments that you have authorized, or other outstanding transactions that have not been paid from your account. In the example above, the outstanding check will not be reflected in your available balance until it is presented to us and posted to your account. In addition, your available balance may not reflect all of your debit-thedebit card transactionstransactions we have authorized. For example, if a merchant obtains our prior authorization but does not submit a one-time debit card transaction for payment within three (3) business days of authorization (or for up to thirty (30) business days for certain types of debit card transactions), we must release the authorization hold on the transaction. The available balance will not reflect this transaction once the hold has been released until the transaction has been received by us and paid from your account.