Common use of FUNDS AVAILABILITY POLICY Clause in Contracts

FUNDS AVAILABILITY POLICY. This policy applies only to checking accounts. Deposits to other types of accounts may be subject to longer holds in our discretion. General Policy. Our policy is to make funds from your deposits available to you on the same business day that we receive your deposit. Electronic direct deposits will be available on the day we receive the deposit. Once they are available, you can withdraw the funds in cash and we will use the funds to pay checks that you have written. For determining the availability of your deposits, every day is a business day, except Saturdays, Sun- days, and federal holidays. If you make a deposit before 4:00 p.m. on a business day that we are open, we will consider that day to be the day of your deposit. However, if you make a deposit after 4:00 p.m. or on a day we are not open, we will consider that the deposit was made on the next business day we are open. 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 $200.00 of your deposit will be available on the first business day. 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.

FUNDS AVAILABILITY POLICY. This policy applies only to checking accounts. Deposits to other types of accounts may be subject to longer holds in our discretion‌ 1. General Policy. For Savings accounts, we reserve the right to place reasonable holds on deposited funds to the extent permitted by law and Regulation CC. For checking accounts our policy is set forth below. a. Our policy is to make funds from your deposits to your checking account available to you on the same first business day that after the day we receive your deposit. Electronic direct deposits will be available on the day we receive the deposit, as long as the deposit is received prior to 4:30pm. Once they are available, you can withdraw the funds in cash cash, and we will use the funds to pay checks that you have written. For determining the availability of your deposits, every day is a business day, except Saturdays, Sun- daysSundays, and federal holidays, unless otherwise disclosed at branch locations. We have different deposit cutoff hours for different locations which are equivalent to our Branch closing hours. If you make a deposit before 4:00 p.m. our cutoff hour on a business day that we are open, we will consider that day to be the day of your deposit. However, if you make a deposit after 4:00 p.m. our cutoff hour or on a day we are not open, we will consider that the deposit was made on the next business day we are open. Reservation WECU may hold deposits to savings accounts and any deposits of Right to Holdchecks drawn on foreign financial institutions for a reasonable period at WECU’s discretion. b. Funds deposited with a Teller or Loan Officer at branch locations will be posted before the end of the business day. In some casesFor deposits made at a WECU ATM, if you deposit funds before 2:30pm on a business day, then it is considered the day of deposit. If you deposit funds after 2:30pm or a non- business day, however, 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 consider the day of your deposit. However, deposit to be the first $200.00 of your deposit will be available on the first following business day. 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.

FUNDS AVAILABILITY POLICY. This Funds Availability Policy (Policy) applies to deposits made into a checking or savings account at a branch, automated teller machine (ATM), or by mail. This Policy does not apply to deposits made remotely through mobile deposit services. With some exceptions described below, it is our policy applies only to checking accounts. Deposits to other types of accounts may be subject to longer holds in our discretion. General Policy. Our policy is to make funds from your deposits available to you on or before the same first business day that after the day we receive your deposit. Electronic direct deposits will be available on the day we receive the deposit. Once they are availableAt that time, you can withdraw the funds in cash and we will use the funds to pay checks that you have writtenor other items. For determining example, if you deposit a check on Monday, you may not be able to access the funds from that deposit, including for payment of other checks, until Tuesday or possibly later. Refer to the availability timelines below for details about when you can use the funds from different types of your deposits. Additionally, every day we may place a longer hold and credit will not be received on non-U.S. items until the collection process is a business day, except Saturdays, Sun- days, and federal holidayscompleted. If you make a deposit before 4:00 p.m. with an associate at a branch on a business day, we will consider that day to be the day of your deposit. If you make a deposit on a business day that we are openbefore our cutoff time at a Landmark ATM, we will consider that day to be the day of your deposit. However, if you make a deposit after 4:00 p.m. or on a day we are that is not opena business day or make an ATM deposit after the ATM cutoff time, we will consider that the deposit was to have been made on the next business day we are openfor purposes of funds availability. Reservation For example, if you make a deposit at an ATM at 9:00 p.m. on a Friday, the deposit will be considered received on the following Monday. • For determining the availability of Right to Holdyour deposits, every day is a business day, except Saturdays, Sundays and federal holidays. • For deposits and transfers at most Landmark ATMs, the cutoff time is 7:00 p.m. local time. In some cases, we will not make all of the funds that you deposit by check available to you on cutoff time may be delayed at Landmark’s discretion. During the same business day that we receive your deposit. Depending on the type of check that you depositdelay, 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 treated as if it was received before 7:00 p.m. Please note, the date printed on your ATM deposit receipt will reflect the first calendar day you made your deposit, which may not be the same as the day we consider it received for purposes of funds availability as outlined in this Policy. • Deposits placed in a night depository are considered received when we remove them from the night depository; we will remove deposits no later than the next business day. If we • Branches in some locations may be closed on business days because of an emergency, and deposits made at a night depository when those branches are not going to make all of the funds from your deposit available closed will be considered received on the first next business day, we will notify you at day when the time you make your depositbranch is open. • We will also tell you when the funds not accept cash deposits by mail. All deposits made by mail will be available. If your considered received on the date the deposit is not received by that location. ▇▇▇▇▇▇▇ made directly to one an associate at a branch? Type of our employees, Deposit Funds Availability Yes Qualified Payroll Check* Cash Check drawn on a Landmark account (“On-us Check”) Electronic (wire and ACH) deposits to your account U.S. Treasury Checks Cashier/Certified/Teller Check U.S. Postal Money Order State or if we decide to take this action after you have left Local Government Check Pre-Printed Insurance Check Same Day All Other Types of Checks Next Business Day No Deposits at Landmark ATMs Next Business Day Deposits at non-Landmark ATMs Fifth Business Day All other types of deposits (excluding mobile deposits) Next Business Day * Qualified Payroll Check means a payroll check following two consecutive deposits that cleared from the premises, we will mail you the notice by the day after we receive your depositsame employer.

FUNDS AVAILABILITY POLICY. This policy section applies only to checking accountsdeposits made at Logix-owned ATMs and at select ATM locations displaying the CO-OP Network symbol. Deposits to other types of accounts may be Logix-owned ATMs are easily identifiable by our name on the ATM screen. Funds from deposits made at Logix-owned ATMs are subject to longer holds in our discretion. General Policy. Our policy is to make funds from your deposits verification, may not be available to you on for immediate withdrawal, and will generally be available for withdrawal the same second business day that we receive your following the date of deposit. Electronic direct Funds from deposits will made at non-Logix-owned ATMs displaying the CO-OP Network symbol are also subject to verification, may not be available on for immediate withdrawal, and will generally be available for withdrawal the fifth business day we receive following the date of deposit. Once they are available, you can withdraw the funds in cash and we will use the funds to pay checks that you have writtenLonger delays may apply. For determining the availability of your deposits, every day is a business day, except Saturdays, Sun- daysSundays, and federal holidays. If you make Generally, deposits received after 12:00 p.m. (noon) local time will be processed the following business day. Each calendar day (including Saturday, Sunday and holidays) is a deposit before 4:00 processing day. At Logix-owned ATMs, a processing day is the actual 24 hour calendar day period, midnight to midnight (12:00 a.m. Pacific Time [PT)).Processing days may be different at non-Logix owned ATMs and POS Networks (for example, 3:00 p.m. on a business day that we are opento 3:00 p.m.). For posting transactions dividend calculation, we finance charge accruals, and for any matter under dispute, the processing date will consider that day to be the day effective date of your deposit. However, if you make a deposit after 4:00 p.m. or on a day we are not open, we will consider that the deposit was made on the next business day we are open. Reservation of Right to Holdtransaction. In some cases, we will not make all of the funds that you deposit by check at Logix-owned ATMs available to you on the same second business day that we receive after the day of your deposit. Depending , or that you deposit at non-Logix owned ATMs available to you on the type of check that you deposit, funds may not be available until the second fifth business day after the day of your deposit. However, the first $200.00 225 of your deposit each day’s deposits made at Logix-owned ATMs will be available on the first business dayday following the day of deposit. If we are not going to make all of the funds from your deposit available on the first second or fifth business dayday following the date of deposit, as stated above, we will notify you at by mail by the time you make first business day after we receive your deposit. We will also deposit and tell you when the funds will be available. If your deposit is not made directly to one of our employeesyou will need the funds right away, or if we decide to take this action after you have left should ask us when the premises, we funds will mail you the notice by the day after we receive your depositbe available.

FUNDS AVAILABILITY POLICY. This policy section applies only to checking accountsdeposits made at Logix-owned ATMs and at select ATM locations displaying the CO-OP Network symbol. Deposits to other types of accounts may be Logix-owned ATMs are easily identifiable by our name on the ATM screen. Funds from deposits made at Logix-owned ATMs are subject to longer holds in our discretion. General Policy. Our policy is to make funds from your deposits verification, may not be available to you on for immediate withdrawal, and will generally be available for withdrawal the same second business day that we receive your following the date of deposit. Electronic direct Funds from deposits will made at non-Logix-owned ATMs displaying the CO-OP Network symbol are also subject to verification, may not be available on for immediate withdrawal, and will generally be available for withdrawal the fifth business day we receive following the date of deposit. Once they are available, you can withdraw the funds in cash and we will use the funds to pay checks that you have writtenLonger delays may apply. For determining the availability of your deposits, every day is a business day, except Saturdays, Sun- daysSundays, and federal holidays. If you make Generally, deposits received after 12:00 p.m. (noon) local time will be processed the following business day. Each calendar day (including Saturday, Sunday and holidays) is a deposit before 4:00 processing day. At Logix-owned ATMs, a processing day is the actual 24 hour calendar day period, midnight to midnight (12:00 a.m. Pacific Time [PT)).Processing days may be different at non-Logix owned ATMs and POS Networks (for example, 3:00 p.m. on a business day that we are opento 3:00 p.m.). For posting transactions dividend calculation, we finance charge accruals, and for any matter under dispute, the processing date will consider that day to be the day effective date of your deposit. However, if you make a deposit after 4:00 p.m. or on a day we are not open, we will consider that the deposit was made on the next business day we are open. Reservation of Right to Holdtransaction. In some cases, we will not make all of the funds that you deposit by check at Logix-owned ATMs available to you on the same second business day that we receive after the day of your deposit. Depending , or that you deposit at non-Logix owned ATMs available to you on the type of check that you deposit, funds may not be available until the second fifth business day after the day of your deposit. However, the first $200.00 200 of your deposit each day’s deposits made at Logix-owned ATMs will be available on the first business dayday following the day of deposit. If we are not going to make all of the funds from your deposit available on the first second or fifth business dayday following the date of deposit, as stated above, we will notify you at by mail by the time you make first business day after we receive your deposit. We will also deposit and tell you when the funds will be available. If your deposit is not made directly to one of our employeesyou will need the funds right away, or if we decide to take this action after you have left should ask us when the premises, we funds will mail you the notice by the day after we receive your depositbe available.

FUNDS AVAILABILITY POLICY. This policy section applies only to checking accountsdeposits made at Logix-owned ATMs and at select ATM locations displaying the CO-OP Network symbol. Deposits to other types of accounts may be Logix-owned ATMs are easily identifiable by our name on the ATM screen. Funds from deposits made at Logix-owned ATMs are subject to longer holds in our discretion. General Policy. Our policy is verification, may not be available for immediate withdrawal, and will generally be available for withdrawal the Funds from deposits made at non-Logix-owned ATMs displaying the CO-OP Network symbol are also subject to make funds from your deposits verification, may not be available to you on for immediate withdrawal, and will generally be available for withdrawal the same fifth business day that we receive your following the date of deposit. Electronic direct deposits will be available on the day we receive the deposit. Once they are available, you can withdraw the funds in cash and we will use the funds to pay checks that you have writtenLonger delays may apply. For determining the availability of your deposits, every day is a business day, except Saturdays, Sun- daysSundays, and federal holidays. If you make Generally, deposits received after 12:00 p.m. (noon) local time will be processed the following business day. Each calendar day (including Saturday, Sunday and holidays) is a deposit before 4:00 processing day. At Logix-owned ATMs, a processing day is the actual 24 hour calendar day period, midnight to midnight (12:00 a.m. Pacific Time [PT)).Processing days may be different at non-Logix owned ATMs and POS Networks (for example, 3:00 p.m. on a business day that we are opento 3:00 p.m.). For posting transactions dividend calculation, we finance charge accruals, and for any matter under dispute, the processing date will consider that day to be the day effective date of your deposit. However, if you make a deposit after 4:00 p.m. or on a day we are not open, we will consider that the deposit was made on the next business day we are open. Reservation of Right to Holdtransaction. In some cases, we will not make all of the funds that you deposit by check at Logix-owned ATMs available to you on the same second business day that we receive after the day of your deposit. Depending , or that you deposit at non-Logix owned ATMs available to you on the type of check that you deposit, funds may not be available until the second fifth business day after the day of your deposit. However, the first $200.00 225 of your deposit each day’s deposits made at Logix-owned ATMs will be available on the first business dayday following the day of deposit. If we are not going to make all of the funds from your deposit available on the first second or fifth business dayday following the date of deposit, as stated above, we will notify you at by mail by the time you make first business day after we receive your deposit. We will also deposit and tell you when the funds will be available. If your deposit is not made directly to one of our employeesyou will need the funds right away, or if we decide to take this action after you have left should ask us when the premises, we funds will mail you the notice by the day after we receive your depositbe available.

FUNDS AVAILABILITY POLICY. This policy applies only 1. General Funds Availability Policy For savings accounts, we reserve the right to place reasonable holds on deposited funds to the extent permitted by law. For checking accounts. Deposits to other types of accounts may be subject to longer holds in , our discretion. General Policy. Our general policy is to make funds from your deposits available to you on the same business day after the day that we receive your deposit. Electronic direct deposits will be available on the day we receive the deposit. Once they the funds are available, you can withdraw the funds them in cash and and/or we will use the funds them to pay checks that you have been written. For determining the availability of your deposits, every day is a business day, except Saturdays, Sun- days, and excepting federal holidays, is defined as Monday through Friday. If you make a deposit before 4:00 p.m. 5:30 pm on a business day that we are open, we will consider that day to be the day of your deposit. However, if you make a deposit after 4:00 p.m. 5:30 pm or on a day that we are not open, we will consider that the deposit was made on the next business day we are open. 2. Reservation of Right to Hold. 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 depositdeposit (e.g., large checks without available funds or third party checks), funds may not be available until the second business day after the day of your deposit. However, the first $200.00 225 of your deposit will be available on the first business day. 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 need the funds from a deposit right away, you should ask us when the funds will be available.