Funds Availability Disclosure

This disclosure statement applies to all accounts, including transaction accounts. Transaction accounts, in general, are accounts which permit an unlimited number of payments to third persons and an unlimited number of telephone and preauthorized transfers to other accounts of yours with us. Checking accounts are the most common transaction accounts. Ask us whether any of your other accounts might also be under this disclosure.

We may delay the availability of funds that you deposit in your account. During the delay, you may not withdraw the funds in cash and we may decide to not use the funds to pay checks that you have written.

Remember that after we have made funds available to you, and you have withdrawn the funds, you are still responsible for checks that are returned to us unpaid and for any other problems involving your deposit.

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Determination of Deposit Availability

The delay length is counted in business days from the day of your deposit. 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 day of your deposit. However, if you make a deposit after closing or on a day we are not open, we will consider that deposit was made on the next business day we are open. The delay length varies depending on the type of deposit and is explained below.

If you make a deposit at an ATM before 12:00 noon 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 at an ATM after 12:00 noon or on a day we are not open, we will consider that deposit was made on the next business day that we are open.

Same-Day Availability

Funds from electronic direct deposits to your account will be available the same day we receive the deposit.

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Next-Day Availability

Funds from the following deposits are available the first day after the day of your deposit.

U.S. Treasury checks payable to you.
Wire transfers.

If you make a deposit in person to one of our employees, funds from the following deposits are also available the first business day after the day of your deposit:

State and local government checks payable to you.
Cashier's, certified, and teller's checks payable to you.
Federal Reserve Bank checks, Federal Home Loan Bank checks, and
Postal money orders, if these items are payable to you.

If you do not make your deposit in person to one of our employees (for example, if you mail the deposit), funds from these deposits will be available on second business day after the day your deposit was received.

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Other Check Deposits

The delay for other check deposits depends on whether the check is local or non-local. To see whether a check is local or non-local, look at the routing number on the check:

If the first four digits of the routing number are 0810, 2810, 0812, 2812, 0815, 2815, 0819, 2819, 0865, or 2865, then the check is a local check. Otherwise, the check is a non-local check. Some checks are marked "payable through" and have a four-or nine-digit number nearby. For these checks, use the four-digit number (or the first four digits of the nine-digit number), not the routing number on the bottom of the check, to find out if these checks are local or non-local. We will make funds from local and non-local checks available as follows:

Local checks. The first $100 from a deposit of local checks will be available the first business day after the day of your deposit. The remaining funds will be available the second business day after the day of your deposit.

For example, if you deposit a local check of $700 on Monday, $100 of the deposit is available on Tuesday. The remaining $600 is available on Wednesday.
Non-local checks. The first $100 from a deposit of non-local checks will be available on the first business day after the day of your deposit. The remaining funds will be available on the fifth business day after the day of your deposit.

For example, if you deposit a $700 non-local check on Monday, $100 of the deposit is available on Tuesday. The remaining $600 is available on Monday of the following week. If you deposit both categories of checks, $100 from the checks will be available on the first business day after the day of your deposit, not $100 from each category of check.

If we can cash a check for you that is drawn on another financial 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 the check.

If we accept for deposit a check that is drawn on another financial 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 that are described in this disclosure for the type of check that you deposited.

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Longer Delays May Apply

Funds deposited by check may be delayed for a longer period under the following circumstances:

We believe a check you deposit will not be paid.
You deposit checks totaling more than $5,000 on any one day.
You redeposit a check that has been returned to us unpaid.
You have overdrawn your account repeatedly in the last six months.
There is an emergency, such as failure of communication or computer equipment.

We will notify you if we delay ability to withdraw funds for any of these reasons, and we will tell you when funds will be available. They will generally be available no later than the ninth business day after the day of your deposit, or possibly longer on a case-by-case basis.

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Special Rules for New Accounts

If you are a new member, the following special rules will apply during the first 30 days your account is open.

Funds from electronic direct deposits into your account will be available the day we receive the deposit. Funds from deposits of cash, wire transfers, and the first $5,000 of a day's total deposits of cashier's, certified, teller's, travelers, and federal, state and local government checks will be available the first business day after the day of your deposit if the deposit meets certain conditions.

For example, the checks must be payable to you. The excess over $5,000 will be available the ninth business day after the day of your deposit. If your deposit of these checks (other than a U.S. Treasury check) is not made in person to one of our employees, the first $5,000 will not be available until the second business day after the day of your deposit.

Funds from all other checks deposits will be available on ninth business day after the day of your deposit.

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(Revised 2/07)