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Use of BFCU Website
Use of the Blue Flame Credit Union website, or linking to a site we sponsor, requires the use
of cookies. Cookies are small pieces of information a web site stores on a visitors web browser
to remind the site about the user the next time the site is visited. We do not store confidential
or sensitive information through the use of cookies. Our use of cookies enhances our members
online transactions and eases navigation through our web site. For certain applications, such as
online transactions, cookies are required to help protect the privacy of a members transactions by,
for example, terminating the session if it is inactive for an extended time. We collect e-mail
addresses from members who request electronic services, and from users of our web site who
choose to provide their addresses.
If you are accessing a secure site, such as Home Financial Services or Online Bill Pay, you will be
required to enter personal identification information, such as User ID/Password. This information is
used as identity verification only. Any information gathered will be used for internal credit union
statistical information and will never be shared with a third party.
When you link to a site from the Blue Flame Credit Union website, you are leaving the site pages
controlled by Blue Flame Credit Union. While we will make our best effort to ensure the security and
privacy practices of these sites, but can not be held responsible for information that may be collected
by other websites.
Ability to Withdraw Funds
Our poilcy is to make funds from your cash and check deposits available to you on the same business day
that we receive your deposit. Electronic direct deposits will be availabale on the day we receive the deposit.
Once they are available, you can withdraw the funds in cash 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 federal holidays. If you make a deposit before 4:30 p.m. on a business day that
we are open, we will condsider that day to be the day of your deposit. However, if you make a deposit after
4:30 p.m. or on a day we are not open, we will consider that the deposit was made on the next business
day we are open.
Same-Day Availability - Funds from the following deposits are available on the same business
day of your deposit:
* U.S. Treasury checks that are payable to you,
* Wire transfers, including pre-authorized credits, such as social security benefits and payroll payments
If you make the deposit in person to one of our employees, funds from the following deposits are also
available on the same business day of your deposit:
* Cash, checks on us.
* State and local government checks that are payable to you.
* Payroll, cashier's, certified and teller's checks that are payable to you.
* Federal Reserve Bank checks, Federal Home Loan Bank checks, postal money orders and traveler's
checks, 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),
deposits may be subject to hold until verification of the deposit can be made on the next business day.
Other Check Deposits - In some cases, we will not make all of the funds that you deposit by check available
to you on the same business day that we receive your deposit. Funds may not be available until the second
business day after the day of you deposit. However, the first $100.00 of your deposit 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 same business day, 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 next business
day after we receive your deposit. If you wil need the funds from a deposit right away, you should ask us
when the funds will be available.
Longer Delays May Apply - We may delay your ability to withdraw funds deposited by check into
your account an additional number of days for these reasons:
*We believe a check you dposit will not be paid
*You deposit checks totaling more than $5,000 on any one (1) day
*You deposit a check that has been returned unpaid
*You've overdrawn your account repeatedly in the last six (6) months
*There is an emergency such as failure of communication or computer equipment
We will notify you if we delay your ability to withdraw funds for any of these reasons and 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 deposit.
Special Rules For New Accounts - If you are a new member, some exceptions may apply, during
the first thirty (30) days your account is open. (See credit union for further details)
Holds on Other Funds - If we cash a check for you that is drawn on another financial institution, 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 we cashed would have been available
if you had deposited it. If we accept for deposit a check that is drawn on another financial 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 disclosure for the type of check that you deposited.
Foreign Checks - Checks drawn on financial institutions located outside of the U.S. (foregin checks)
cannot be processed the same as checks drawn on U.S. financial institutions. Foreign checks are
exempt from the policies outlined in this disclosure. Generally, the availability of funds for deposits of
foreign checks will be delayed for the time it takes us to collect the funds from the financial institutions
upon which it is drawn.
The accrual of dividends is not delayed. Dividend Calculations begin the day of the deposit.
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