YOUR ABILITY TO WITHDRAW FUNDS

The effective date of this disclosure is January 1, 2006. You can view a printer friendly (PDF) version of this disclosure to keep for your records.

This policy statement applies to all deposit accounts.

Our policy is to delay the availability of funds from your cash and check deposits. During the delay, you may not withdraw the funds in cash and we may not use the funds to authorize or settle transactions.

Please remember that even after we have made funds available to you and you have withdrawn the funds, you are still responsible for checks you deposit that are returned to us unpaid and for any other problems involving your deposit.

DETERMINING THE AVAILABILITY OF A DEPOSIT: The length of the delay 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 our cut-off time (3 PM Eastern) 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 our cut-off time or on a day we are not open, we may consider that the deposit was made on the next business day we are open.

If you make a deposit at an automated teller machine (ATM) before 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 noon or on a day we are not open, we will consider that the deposit was made on the next business day we are open.

The length of the delay varies depending on the type of deposit and is explained below.

NEXT-DAY AVAILABILITY: Funds from the following deposits are available on the first business day after the day of your deposit:

Electronic direct deposits
U.S. Treasury checks that are payable to you
Wire transfers
Checks drawn on First Internet Bank of Indiana

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

Cash
State and local government checks that are payable to you
Cashier's, certified, and teller's checks that are payable to you
Federal Reserve Bank checks, Federal Home Loan Bank checks
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), the first $100.00 of these deposits will be available on the first business day after the day we receive your deposit. The remaining funds will be available on the second business day after the day we receive your deposit.

OTHER CHECK DEPOSITS: The delay for other check deposits depends on whether the check is a local or nonlocal check. To see whether a check is a local or a nonlocal check, look at the routing number on the check. If the first four digits of the routing number are in the following list, then the check is a local check:

0420    0740    2420    2740
0421    0749    2421    2749
0422    0813    2422    2813
0423    0830    2423    2830
0515    0839    2515    2839
0519    0863    2519    2863

Otherwise, the check is a nonlocal 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 determine if these checks are local or nonlocal.

Our policy is to make funds from local and nonlocal checks available as follows:

Local Checks: The first $100.00 from a deposit of local checks will be available on the first business day after the day of your deposit. The remaining funds will be available on the second business day after the day of your deposit. For example, assuming no federal holidays during the week, if you deposit a local check of $700.00 on a Monday, $100.00 of the deposit is available on Tuesday. The remaining $600.00 is available on Wednesday.

Nonlocal Checks: The first $100.00 from a deposit of nonlocal 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, assuming no federal holidays during the week, if you deposit a $700.00 nonlocal check on a Monday, $100.00 of the deposit is available on Tuesday. The remaining $600.00 is available on Monday of the following week.

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 one of your accounts. Those funds will be available at the time funds from the check we cashed 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.

LONGER DELAYS MAY APPLY - SAFEGUARD EXCEPTION DELAYS: 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 $5,000.00 on any one day
Your account is classified as a new account
You redeposit a check that has been returned unpaid
You have overdrawn your account repeatedly in the last six (6) months

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 eleventh business day after the day of your deposit.

If you deposit both categories of checks, $100.00 from the checks will be available on the first business day of your deposit, not $100.00 from each category of check.

DEPOSITS AT ATMs: Funds from any deposits (cash or checks) made at ATMs we own or operate will be available on the second business day after the day of your deposit, except that U.S.Treasury checks that are payable to you deposited at ATMs we own or operate will be available on the first business day after the day of your deposit. Also, the first $100.00 of a deposit made at ATMs we own or operate will be available on the first business day after the day of your deposit. Checks drawn on First Internet Bank of Indiana will be available on the first business day after the day of your deposit if the deposit is made at an ATM located on our premises.

Funds from any deposits (cash or checks) made at ATMs we do not own or operate will be made available on the fifth business day after the day of your deposit.

All ATMs that we own or operate are identified as our machines.