|
IMPORTANT ACCOUNT INFORMATION FOR OUR CUSTOMERS
<br />from
<br />BANK OF CHOICE - PLATTEVILLE
<br />370 Justin Avenue
<br />Platteville, CO 80651
<br />(970)785-2000
<br />YOUR ABILITY TO WITHDRAW FUNDS
<br />This policy statement applies to all deposit accounts. The information in this section describes our policy of holding deposited
<br />items in an account before funds are made available to you for withdrawal. The bank may, at it's option, make funds available
<br />sooner than provided for by this policy, and such impoved availability shall not be deemed to be a waiver by the bank of its
<br />right to limit the availability of subsequently deposited funds in accordance with this policy. When we delay your ability to
<br />withdraw funds from a deposit, you may not withdraw the funds in cash, and we will not pay checks you write on your
<br />account by using these funds.
<br />Our policy is to make funds from your cash and check deposits available to you on the first business day after the day we
<br />receive your deposit. Electronic direct deposits will be available on the day we receive the deposit. Once the funds are
<br />available, you can withdraw them in cash and we will use the funds to pay checks that you have written.
<br />Please remember that even after we have made funds available to you and you have withdrawn the funds, you are still
<br />responsible for checks you deposit that are returned to us unpaid and for any other problems involving your deposit.
<br />Determining the Availability of a Deposit
<br />For determining the availability of your deposits, every day is a business day, except Saturdays, Sundays, and federal holidays.
<br />If you make a deposit before the change of business date on a day that we are open, we will consider that day to be the day of
<br />your deposit. However, if you make a deposit after we change the business date or on a day that the Bank is not open, we
<br />will consider that the deposit was made on the next business day we are open. We change business dates at the following
<br />times: 3:00 p.m. at 3635 23rd Ave., Evans, CO; 2:00 p.m. at 370 Justin Ave., Platteville, CO; 2:30 p.m. at 7251 W 20th St,
<br />Greeley, CO; 2:30 p.m. at 3780 W 10th St, Greeley, CO. Funds from any deposit, whether cash or check, made at automated
<br />teller machines owned and operated by our bank will generally be available on the first business day after the day of deposit. If
<br />you make a deposit at our ATM before 1:30 p.m. on a business day that the Bank is open, we will consider the deposit made
<br />that day. However, if you make a deposit at our ATM after 1;30 p.m. or on a day that the Bank is not open, we will consider
<br />the deposit made on the next business day the Bank is open. All ATMs we own or operate are identified as our machines. We
<br />own and operate ATMs at the following locations: 3635 23rd Ave., Evans, CO; 370 Justin Ave., Platteville, CO; 7251 W 20th
<br />St, Greeley, CO; 3780 W 10th St, Greeley, CO.
<br />If we cash a check for you that is drawn on another bank, we may withhold the availability of a corresponding amount of funds
<br />that are already in one of your accounts. Those funds will be available at the time funds from the check we cashed would
<br />have been available if you had deposited it.
<br />If we accept for deposit a check that is drawn on another bank, we may make funds from the deposit available for withdrawal
<br />immediately but delay your availability to withdraw a corresponding amount of funds that you have on deposit in another
<br />account with us. The funds in the other account would then not be available for withdrawal until the time periods that are
<br />described elsewhere in this disclosure for the type of check that you deposited.
<br />Longer Delays May Apply
<br />Case-By-Case Delays - In some cases, we will not make all of the funds that you deposit by check available to you on the first
<br />business day after the day of your deposit. Depending on the type of check that you deposit, funds may not be available until
<br />the fifth business day after the day of your deposit. The first $100 of your deposits, however, may be available on the first
<br />business day.
<br />If we are not going to make all of the funds from your deposit available on the first business day, after we receive your deposit,
<br />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
<br />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
<br />the notice by the first business day after we receive your deposit.
<br />If you will need the funds from a deposit right away, you should ask us when the funds will be available.
<br />REG CC DISCLOSURE
<br />CO/1 319310472512 V04.10 02000 Bankers Systems, Inc., St. Cloud, MN E' e " Page 1
|