THIS DISCLOSURE DESCRIBES YOUR ABILITY TO WITHDRAW FUNDS AT THE JOHNS HOPKINS FEDERAL CREDIT UNION.

General Policy. Our general policy is to make funds from Your deposits available to You on the second business day after We receive Your deposit. Electronic direct deposits will be available on the day We receive the deposit. Funds from deposits of cash, cashier's, certified, sponsor group, and government checks will be available on the business day that We receive Your deposit. Once they are available, You can withdraw the funds, 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, Sundays, and holidays. If You make a deposit directly to one of Our employees, 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 that We are not open, We will consider the deposit made on the next business day We are open. If You make a deposit directly to Our Quick Box, before 3:00 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 3:00 p.m. 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.

Reservation of Right to Hold. In some cases, We will not make all the funds You deposit by check available to You on the second business day after We receive Your deposit. However, the first $100 of your deposit will be available on the day of Your deposit. If We are not going to make all the funds from Your deposit available on second 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 decided to take this action after You have left the premises, We will mail You the notice by the next business day after We receive Your deposit. If You will need the funds from a deposit right away, You should ask Us when the funds will be available. Any request for payment against funds on which a hold has been placed will be returned unpaid.

Longer Delays May Apply. We may delay Your ability to withdraw funds deposited by check into Your Account an additional number of days for the following reasons:

a. There is reasonable cause for Us to doubt the collectability of a check You deposit.
b. You deposit checks totaling more than $5,000 on any one day.
c. You deposit a check that has been returned unpaid.
d. You have overdrawn Your Account repeatedly in the last six 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 for any of these reasons, and We will tell You when the funds will be available. They will generally be available no later than the 11th business day after the day of Your deposit.

In any case, We reserve the right to refuse an item for deposit or encashment.

Location of Check Endorsements. Federal law requires all check endorsements to be in the first 1 1/2 inches of the trailing edge of the back of the check. The trailing edge is opposite the left side of the face of the check, the side of the check just behind Our address. You will be responsible for any costs incurred by Us due to delays in returning checks deposited into Your Account that do not comply with the endorsement standards.

ATM Deposits. For determining the availability of Your deposits made at ATMs owned and operated by the Credit Union, every day is a business day, except Saturdays, Sundays, and holidays. If You make a deposit before closing on a business day that We are open, we will consider that the deposit was made on the next business day we are open. 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 business day following the next business day We are open. For deposits made at ATMs owned and operated by the Credit Union, deposits subject to delayed availability will become available for withdrawal on the second business day after the day of deposit.

For deposits made at ATMs not owned and operated by the Credit Union, deposits subject to delayed availability will become available for withdrawal on the fifth business day after the day of deposit.

Holds on Other Funds. 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 to You at the time that the funds from the check We cashed for You 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 that are described elsewhere in this policy for the type of check that You deposited.

Special Rules for New Accounts. If You are a new member, the following special rules will apply during the first 30 calendar days Your Account is open. Funds from electronic direct deposits to Your Account will be available on 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, and federal, state, and local government checks will be available on the next 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 not be available until the second business day after the day of Your deposit. Funds from all other check deposits will be available no later than the eleventh business day after We receive Your deposit. Further delays may apply.