Funds Availability Policy

Funds Availability Policy

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This policy applies to all checking accounts. Please remember that even after we have made funds available to you, and you have withdrawn the funds, you are still responsible for checks you deposit that are returned to us unpaid and for any other problems involving your deposit.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 deposit before closing on a business day that we are open, we will consider that day to be the deposit day. 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 business day we are open.

If we cash a check for you that is drawn on another institution, we may withhold the availability of a corresponding amount of funds that are already in your account. Those funds will be available at the time funds from the check we cashed would have been available if you had deposited it.

If we accept for deposit a check that is drawn on another institution, we may make funds from the deposit available for withdrawal immediately but delay your availability to withdraw a corresponding amount of funds that you have on deposit in another account with us. The funds in the other account would then not be available for withdrawal until the time periods described below for the type of check that you deposited.

It we are not going to make all of the funds from your deposit available on the first business day after we receive your deposit, 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

Description of Deposit	First $100 Available	Remainder Available
Cash, direct deposit, wire transfer, cashier’s check, teller’s check, Secure First Credit Union check, certified check, government check	Immediately	Immediately
*Local Check*	Day after deposit	2^nd day after deposit day
*Non-local Check*	Day after deposit	5^th day after deposit day
*Check/New account (1)*	Day after deposit	9^th day after deposit day
*Local Check/Large deposit (2)*	Day after deposit	7^th day after deposit day
*Non-local Check/Large deposit (2)*	Day after deposit	11^th day after deposit day
*Local Check*/Redeposited item	Day after deposit	7^th day after deposit day
Non-local Check/ Redeposited item	Day after deposit	11^th day after deposit day
*Local Check*/Repeated NSFs	Day after deposit	7^th day after deposit day
*Non-local Check*/Repeated NSFs	Day after deposit	11^th day after deposit day
*Local Check*/Reasonable cause	Day after deposit	7^th day after deposit day
*Non-local Check*/ Reasonable cause	Day after deposit	11^th day after deposit day

(1) = Accounts opened within prior 30 days.

(2) = Same-day deposits (consisting of single or multiple checks) of $5,000 or more individually or in aggregate.

Longer holds may apply beyond the periods specified above. If so, we will notify you at the time you make your deposit and explain why the funds are being held and when they will be available.