Midflorida Credit Union Mobile Deposit Cut Off Time
Midflorida Credit Union is a full-service financial institution that serves the residents of Florida. The credit union provides a variety of financial services, including mobile banking, which allows customers to deposit checks using their mobile devices.
One of the most important things to know about using Midflorida Credit Union's mobile deposit feature is the cut off time for deposits. In this article, we will discuss what the cut off time is, why it is important, and how to ensure that your mobile deposit is processed in a timely manner.
What is the Midflorida Credit Union Mobile Deposit Cut Off Time?
The cut off time for Midflorida Credit Union's mobile deposits is 4:00 PM Eastern Time (ET) on business days. This means that any mobile deposits made after 4:00 PM ET will not be processed until the next business day.
It is important to note that weekends and federal holidays are not considered business days. Therefore, if you make a mobile deposit on a weekend or federal holiday, it will not be processed until the next business day.
Why is the Cut Off Time Important?
The cut off time for mobile deposits is important because it determines when your deposit will be processed and when the funds will be available in your account. If you make a deposit after the cut off time, you will have to wait an additional business day for the funds to be available.
For example, if you make a mobile deposit on a Monday at 4:30 PM ET, the deposit will not be processed until Tuesday, and the funds will not be available until Wednesday. However, if you make the same deposit at 3:30 PM ET, the funds will be available on Tuesday.
How to Ensure Your Mobile Deposit is Processed in a Timely Manner
To ensure that your mobile deposit is processed in a timely manner, it is important to make the deposit before the cut off time. If you are unable to make the deposit before the cut off time, you can still deposit the check using a Midflorida Credit Union ATM or by visiting a branch location.
It is also important to ensure that the check is properly endorsed and that the image is clear and legible. If the check is not endorsed properly or if the image is not clear, the deposit may be rejected, causing a delay in processing the deposit.
Conclusion
Midflorida Credit Union's mobile deposit feature is a convenient way to deposit checks using your mobile device. However, it is important to be aware of the cut off time for deposits to ensure that your funds are available in a timely manner. To ensure that your deposit is processed as quickly as possible, make sure to deposit the check before the cut off time, endorse the check properly, and ensure that the image is clear and legible.