Your Ability to Withdraw Funds

Our policy is to make funds from your deposits available to you on the first business day after the day we
receive your deposit. Electronic direct deposits will be available on the day we receive the deposit. Once the
funds are available you can withdraw them in cash and we will use them to pay checks you have written.
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 4:00pm 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 4:00pm, 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 you make a deposit at an ATM that we own or operate before N/A 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
that we own or operate after N/A, or on a day we are not open, we will consider that the deposit
was made on the next business day that we are open.

 

Longer Delays May Apply
In some cases, we will not make all of the funds you deposit by check available to you on the first business
day after the day of your deposit. Depending on the type of check that you deposit, funds may not be
available until the second business day after the day of your deposit. The first $225 of your deposits,
however, will be available on the first business day after the day of your deposit.

If we are not going to make all of the funds from your deposit available on the first business day after the
day of the 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.

If you will need the funds from a deposit right away, you should ask us when the funds will be available.

 

In addition, funds you deposit 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 $5,525 on any one day.
- You redeposit a check that has been returned unpaid.
- You have overdrawn your account repeatedly in the last six months.
- 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 Seventh business
day after the day of your deposit.

 

Special Rules For New Accounts
If you are a new customer, the following special rules may apply during the first 30 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 $5,525 of a day's total deposits of cashier's,
certified, teller's, traveler's, and federal, state, and local government checks will be available on 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 (and you may have to use a special deposit slip). The excess over $5,525 will be
available on 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 $5,525 will not be
available until the second business day after the day of your deposit.

 

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

 

If you have questions about your deposits, contact us at 608-647-6306.

 

Special Provisions (checked if applicable)

 

⌈X⌋ Funds from any deposits (cash or checks) made at automated teller machines (ATMS) we do not own or operate will not be available until the fifth business day of your deposit unless a longer delay set forth elsewhere in this disclosure applies.  This rule does not apply at ATMs that we own or operate.

 

⌈  ⌋   A list of our ATMs, if any, is attached.

 

⌈X⌋  All ATMS that we own or operate are identified as our own.

 

⌈X⌋  If we cash a check for you that is drawn on another bank, 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 the funds from the check we cashed would have been available if you had deposited it.

 

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

⌈X⌋  Richland County Bank's Mobile Banking App and Mobile Banking Website Remote Deposit Captures are treated in the same manner as a deposit at the financial institution.  These deposits will generally be made available to you on the first business day after the day we receive your deposit.  Remote Deposit Capture transactions are not considered electronic direct deposits.  However, there may be longer delays in the availability of the funds.  RCB is not responsible for any loss, costs or fees that customers may incur as a result of any such delay.