Regarding commentary to 229.13(a):

Proceeds of Treasury check deposits must be made available on the first business day after deposit, even if the check is not deposited in person to an employee of the depositary bank.

By itself, the sentence reads that Treasury checks in whole are to be available next day.

However, it is sandwiched in between the "1st $5000" and "funds in excess of the 1st $5000" sentences, which leads me to think the 1st $5000 must be made available next day, regardless of condition (cannot hold 1st $5000 until 2nd day), and the balance on the 9th like the other checks listed in this section.

Which is correct?