Common use of Other Withdrawals Clause in Contracts

Other Withdrawals. Withdrawals from the Checking Account may be made by ATM transaction, by pre-authorized transfers, by TouchLine® voice response system transfers, or by home banking. These withdrawals are subject to applicable credit union procedures and agreements, and any applicable fees. This policy statement applies to “transaction” accounts. Transaction accounts, in general, are accounts which permit an unlimited number of pay- ments to third parties and an unlimited number of telephone or pre-authorized transfers to other accounts of yours with us. Checking accounts are the most common transaction accounts. Feel free to ask us whether any of your other accounts might also be under this policy. The credit union’s funds availability policy is detailed in the following disclosure, which is published in compliance with federal regulations. Our policy is to make funds from your deposits available to you on the first business day after we receive your deposit. At that time, you can withdraw the funds in cash and we will use the funds to pay checks that have been written. Please remember that even after we make funds available to you, and you have withdrawn the funds, you are still responsible for checks you deposit that are returned to us unpaid and for any other problems involving your deposit. For determining the availability of your deposits, every day is a business day, except Saturdays, Sundays, and federal holidays. If you make a de- posit before closing 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 closing or on a day we are not open, we will consider that the deposit was made on the next day that we are open. In some cases, we will not make all of the funds that you deposit by check available on the first business day after the day of your deposit. Funds may not be available until the second business day after the day of your deposit. If we are not going to make all the funds from your deposit available on the first business day, we will notify you in writing on your transaction receipt 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 for a deposit right away, you should ask us when the funds will be available. In addition, the funds you deposit by check may be delayed for up to 7 days under the following circumstances: a. We believe the check you deposit will not be paid. b. You deposit checks totaling more than $5,000 on any one day. c. You are depositing a check that has been returned unpaid. d. You have overdrawn your account repeatedly in the last six (6) months. e. There is an emergency, such as failure of communications or computer equipment. We will notify you if we delay your ability to withdraw funds at the time of your deposit.

Other Withdrawals. Withdrawals from the Checking Account may be made by ATM transaction, by pre-authorized transfers, by TouchLine® voice response system transfers, or by home banking. These withdrawals are subject to applicable credit union procedures and agreements, and any applicable fees. This policy statement applies to “transaction” accounts. Transaction accounts, in general, are accounts which permit an unlimited number of pay- ments payments to third parties and an unlimited number of telephone or pre-authorized transfers to other accounts of yours with us. Checking accounts are the most common transaction accounts. Feel free to ask us whether any of your other accounts might also be under this policy. The credit union’s funds availability policy is detailed in the following disclosure, which is published in compliance with federal regulations. Our policy is to make funds from your deposits available to you on the first business day after we receive your deposit. At that time, you can withdraw the funds in cash and we will use the funds to pay checks that have been written. Please remember that even after we make funds available to you, and you have withdrawn with- drawn the funds, you are still responsible for checks you deposit that are returned to us unpaid and for any other problems involving your deposit. For determining the availability of your deposits, every day is a business day, except Saturdays, Sundays, and federal holidays. If you make a de- posit deposit before closing 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 closing or on a day we are not open, we will consider con- sider that the deposit was made on the next day that we are open. In some cases, we will not make all of the funds that you deposit by check available on the first business day after the day of your deposit. Funds may not be available until the second business day after the day of your deposit. If we are not going to make all the funds from your deposit available on the first business day, we will notify you in writing on your transaction receipt 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 for a deposit right away, you should ask us when the funds will be available. In addition, the funds you deposit by check may be delayed for up to 7 days under the following circumstances: a. We believe the check you deposit will not be paid. b. You deposit checks totaling more than $5,000 on any one day. c. You are depositing a check that has been returned unpaid. d. You have overdrawn your account repeatedly in the last six (6) months. e. There is an emergency, such as failure of communications or computer equipmentequip- ment. We will notify you if we delay your ability to withdraw funds at the time of your deposit.