Your Available Balance is our most recent record of the amount of money available for your use or withdrawal. Your Available Balance includes pending transactions such as withdrawals we have authorized for your debit card purchases or ATM withdrawals, transactions known to us, such as checks or preauthorized ACH withdrawals that we have received for payment from your account but have not yet paid or other pending transactions which will not be posted until a future Business Day.
After the close of each Business Day we process your transactions that we have received. We refer to this transaction processing as posting. If during the nightly transaction posting process, an item posts to your account and you do not have a sufficient Available Balance to pay the item, meaning you have money in your account but not all of the money on deposit is available for withdrawal, this will result in an overdraft. Whether we pay the item or return the item unpaid this will result in an Uncollected "UAF" Item Fee. If the item is not paid, the fee is called a Returned Uncollected "UAF" Item Fee, and if the item is paid, the fee is called a Paid Uncollected "UAF" Item Fee.
Your Current Balance is your actual balance during each calendar day, meaning the amount of money that is in your account at any given time whether or not the money is available for withdrawal or use by you. This balance figure includes debit card transactions that have posted to your account as well as the full amount of all deposits you have made even though some portion of a deposit may be on hold and not available to you. During the nightly transaction posting process, if an item posts to your account and the item amount is greater than your Current Balance causing your Current Balance to fall below zero, an overdraft occurs. Whether we pay the item into overdraft or whether we return the item unpaid, this will result in an Overdraft Item Fee. If the item is not paid, the Overdraft Item Fee is called a Returned Overdraft Item Fee, and if the item is paid, the Overdraft Item Fee is called a Paid Overdraft Item Fee.
Neither your Current Balance nor your Available Balance includes funds from a Personal Credit Line1, Overdraft Protection Sweep2 or overdraft protection program.