Family First Credit Union Mobile Deposit Funds Availability
Family First Credit Union is a member-owned financial institution that has been serving the Rochester, New York, area since 1969. With a focus on providing personalized service and competitive rates, Family First Credit Union has become a trusted partner for many families in the community. One of the services that sets Family First Credit Union apart is its mobile deposit feature, which allows members to deposit funds quickly and securely using their smartphone or tablet. In this article, we'll take a closer look at Family First Credit Union's mobile deposit funds availability policy and how it can benefit members.
What is Mobile Deposit?
Mobile deposit is a feature that allows you to deposit checks using your smartphone or tablet. With mobile deposit, you can take a picture of the front and back of a check and deposit it directly into your account without having to visit a branch or ATM. Mobile deposit is a convenient and secure way to deposit checks, and it's available to Family First Credit Union members through the Family First CU Mobile App.
How Does Mobile Deposit Funds Availability Work?
When you make a mobile deposit, the funds may not be immediately available in your account. This is because Family First Credit Union has to verify the check and ensure that it's valid before releasing the funds. The amount of time it takes for the funds to become available depends on the type of check and the amount of the deposit. In general, the following guidelines apply:
- Checks deposited before 3:00 pm ET on a business day will generally be available on the same day.
- Checks deposited after 3:00 pm ET on a business day or on a non-business day will generally be available on the next business day.
- Checks that are larger than $5,000 may take longer to clear.
- If there are any issues with the check, such as insufficient funds or a stop payment order, the funds will not be available.
It's important to note that these are general guidelines and that the availability of funds may vary based on individual circumstances. If you have any questions about the availability of your funds, you can contact Family First Credit Union's Member Service Center for assistance.
What Are the Benefits of Mobile Deposit Funds Availability?
The availability of funds through mobile deposit offers several benefits for Family First Credit Union members:
- Convenience: With mobile deposit, you can deposit checks from anywhere, at any time, without having to visit a branch or ATM.
- Speed: Mobile deposit allows you to deposit checks quickly, so you can access your funds sooner.
- Security: Mobile deposit is a secure way to deposit checks, as it uses encryption and other security measures to protect your information.
- Flexibility: Mobile deposit allows you to deposit checks even when you're out of town or unable to visit a branch.
Overall, mobile deposit funds availability is a valuable feature for Family First Credit Union members. It offers a convenient, secure, and flexible way to deposit checks and access funds, and it's just one of the many services that Family First Credit Union offers to help its members achieve their financial goals.