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. 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. However, the first $225 of your deposit will be available on the first business day after the day of your deposit. 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. We will also tell you when the funds will be available. 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 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.
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 until the second business day after the day of your deposit. However, the first $200.00 of your deposit will be available on the first business day after the day of your deposit. If we are not going to make all of the funds from your deposit available 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. 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 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.
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 first business day after the day of your deposit. 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 of your deposit, however, may be available on the first business day after the day of your deposit. 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. We will also tell you when the funds will be available. 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 business day after we receive your deposit. If you need the funds from a deposit right away, you should ask us when the funds will be available. Longer Delays May Apply. We may delay your ability to withdraw funds deposited by check into your account an additional number of days for these reasons: * You deposit checks totaling more than $5,525 on any one day. * You redeposit a check that has been returned unpaid. * You have overdrawn your account repeatedly in the last six months. * We believe a check you deposit will not be paid. * 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.
Reservation of Right to Hold. In some cases, we will not make all the funds that you deposit by check available to you on the first business day after the day of your deposit. The first $250 ofyour deposit, however, may be made available the date of deposit. If we are not going to make all the funds from your deposit available on the first business day, we will notify you at the time you make your deposit. We will detail the date of deposit, account number to be deposited in to, the amount of the deposit and the amount of deposit that may be made delayed. We will also tell you when the funds will be available. 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 business day after we receive your deposit. If youneed the funds from a deposit rightaway, you should ask us when the funds will be available. We may delay your ability to withdraw funds deposited by check into your account for up to seven (7) business days for these reasons: • You deposit checks totaling more than $6,000 on any one day. • New accounts- a new account is defined as any account opened within the last thirty (30) calendar days. • You have overdrawn your account repeatedly in the last six months. • There is an emergency, such as failure of computer or communications equipment. • We believe a check you deposit will not be paid. • You redeposit a check that has been returnedunpaid. Members may request a copy of the full Funds Availability Policy and any Hold Notice that may have been supplied by visiting a local branch. Rev.02/2020 Why? Financial companies choose how they share your personal information. Federal law gives consumers the right to limit some but not all sharing. Federal law also requires us to tell you how we collect, share, and protect your personal information. Please read this notice carefully to understand what we do. What? The types of personal information we collect and share depend on the product or service you have with us. This information can include: • Social Security number, name, address, and income • Payment, transaction, and account history • Credit history and credit scores How? All financial companies need to share customers’/members’ personal information to run their everyday business. In the section below, we list the reasons financial companies can share their customers’ personal information; the reasons General Electric Credit Union (GECU) chooses to share; and whether y...
Reservation of Right to Hold. In some cases, we will not make all of the funds that you have deposited by check available to you on the first business day after the day of your deposit. Depending on the type of check deposited, funds may not be available until the second business day after the day of your deposit. However, the first $200 of your deposits will be available on the first business day.
Reservation of Right to Hold. For deposits made in person, if we are not going to make all of the funds from your deposit available on the business day of the deposit, we will notify you at the time you make the deposit. The first $225 of the deposit will be made immediately available and we will provide a notice indicating the amount of held funds and the date on which they will be available to you. If we decide to take this action after you have left the premises, we will mail you the notice the next business day.
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 the funds that you deposit by check available to you on the first business day after we receive your deposit. Depending on the type of check that you deposit (e.g., a large check without available funds or a third-party check), funds might not be available until the second business day after the day of your deposit. The first $200 of your deposit, however, will be available on the first business day after your deposit is received. If we are not going to make all the funds from your deposit available on the first business day, we will notify you at the time you make your deposit. We will also tell you when the funds will be available. 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 day after we receive your deposit. If you will need funds from a deposit right away, you should ask us when the funds will be available. Even though we make funds available to you, you are still responsible for payment of any returned items.
Reservation of Right to Hold. 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. However, the first $225.00 of your deposit will be available on the first business day after the day of your deposit. If we are not going to make all the funds from your deposit available 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. 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 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.
Reservation of Right to Hold. In some cases funds deposited by check will not be available for withdrawal by the business day after the banking day of deposit. Depending on the type of check deposited, funds may be unavailable until the second business day after the banking day of deposit. However, the first $225 of your deposit will be available on the next business day. Anytime funds are not made available to you on the first business day, you will be notified at the time of deposit, as well as the time funds will be made available to you. If the deposit is not made directly to one of our employees or you have left the premises, we will notify you by mail of the delayed availability.
