We know that driving to the credit union to deposit a check is one of those chores you avoid. And while we always love seeing you at any of our MCU branches, we understand the frustration of adding one more stop on your errands list. We hear you. After all, time is money.
Enter Remote Deposit Anywhere (RDA). All you need is a smartphone or tablet and the MCU mobile banking app. If you already have it, update the app so that the RDA feature is visible in the mobile banking menu. Then, just snap a photo and voila – money deposited.
A few notes about the MCU RDA:
- It’s available on both Apple and Android.
- Members at the e-Connect, Plus, and Ultra Advantage levels can use RDA if their account is in good standing and meets the system’s nightly evaluation for eligibility. Eligibility includes but is not limited to the following: no delinquent loans, no charge-off loans or shares, no bankruptcy, and no repeated overdrafts.
- The daily limit of these deposits is $5,000 and the per-check limit is also $5,000.
- You should hold onto the check deposited using RDA for a reasonable period of time to verify the credit has been made to your account or to balance your monthly statement. After the retention period, the original check should be destroyed.