Affinity FCU Pilots AdvancedDeposits

Register now

BASKING RIDGE, N.J. - (08/05/05) -- Affinity FCU is now offering membersan online deposit service that allows members to deposit checksonline up to $1,500 into their checking account, with funds madeavailable by the end of the next business day. The service, calleddeposit@home, is available to all credit union members free.Members must sign up for Internet account access to use thedeposit@home service and certain conditions apply. One majorstipulation of the service is that members must deliver the checksthat were deposited online to Affinity FCU within ten calendar daysof the date of the online deposit via regular mail or in person atany of the credit union's branches. The technology is powered byeCU Technologies. Since launch, more than 2,400 of Affinity'smembers have signed up, and it is averaging about 80 transactionsper day using this service.

For reprint and licensing requests for this article, click here.
MORE FROM AMERICAN BANKER