Funds Availability Disclosure, Chain Bridge Bank N.A. (E.D. Va., Dkt. 160-13, filed 05/27/21)

Summary

This is the Chain Bridge Bank N.A. Funds Availability Disclosure, filed as Document 160-13 in Case 1:20-cv-00658 and stamped CBB00004310 and CBB00004311. It says funds from check deposits are generally available on the first business day after receipt, while cash and electronic direct deposits are available the day they are received. Longer delays may apply in listed circumstances, including check deposits totaling more than $5,000 on one day. A section on special rules for new accounts covers the first 30 days, with the excess over $5,000 of certain checks available on the ninth business day.

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Case 1:20-cv-00658-LMB-IDD Document 160-13 Filed 05/27/21 Page 2 of 3 PagelD#
4259

CHAIN BRIDGE BANK N.A.
FUNDS AVAILABILITY DISCLOSURE

Your Ability To Withdraw Funds

Our policy is to make funds from your check deposits available to you on the
first business day after the day we receive your deposit. Cash and electronic
direct deposits will be available on the day we receive the deposit. Once
they are available, you can withdraw the funds in cash and we will use them
to pay checks you have written.

For determining availability of your deposits, every day is a business day,
except Saturdays, Sundays, and federal holidays. If you make a deposit before
5:00 pm 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 5:00 pm or ona
day we are not open, we will consider that the deposit was made on the next
business day we are open.

Longer Delays May Apply

In some cases, we will not make all of the funds that you deposit by check
available to you on the first business day after the day of your deposit.
Depending on the type of check you deposit, funds may not be available until
the second business day after the day of your deposit. The first $200 of your
deposits, however, may be available on the first business day.

If we are not going to make all of the funds from your deposit available on
the first business day, we will notify you at the time you make the 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 deposited check will not be paid.
*You deposit checks totaling more than $5,000 on any one day.
*You redeposit a check that has been returned unpaid.
*You have overdrawn your account repeatedly in the last 6 months.
*There is an emergency, such as failure of computer or communications.
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.

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 funds from the check would
have been available if you had deposited it.

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
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 disclosure for the type of check that you deposited.

CONFIDENTIAL CBB00004310
Case 1:20-cv-00658-LMB-IDD Document 160-13 Filed 05/27/21 Page 3 of 3 PagelD#
4260

Special Rules for New Accounts
If you are a new customer, the following special rules will apply during the
first 30 days your account is open.

Cash and funds from electronic direct deposits to your account will be
available on the day we receive the deposit. Funds from wires transfers and
the first $5,000 of a day's total deposits of cashier's checks, 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. The excess over $5,000 will be available on the ninth business day after
the day of your deposit. If your deposit of these checks (other thana 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 check deposits will be available on the ninth business
day after the day of your deposit.

CONFIDENTIAL CBB00004311


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