Early Payroll Deposit allows access to your direct deposit funds up to 2 days earlier than the scheduled payment date.
Early access to eligible direct deposit funds depends on the timing of the submission of the payment file from the payor.
- Not all direct deposits are eligible for Early Payroll Deposit.
- Only Consumer Accounts are eligible for Early Payroll Deposit.
- Commercial Accounts are not eligible for Early Payroll Deposit.
- Direct deposit early availability is not guaranteed and may vary from deposit to deposit. If the Bank has made funds available early and the payor reverses or requests a return of the deposit or the funds are not collected by the Bank, the Bank may debit the account up to the amount of the deposit that was previously made available even if the funds have already been withdrawn from the account. This may result in overdraft fees or non-sufficient funds fees. Should any overdraft or non-sufficient funds occur, you are responsible for any fees assessed by the Bank as well as fees charged by merchants or third parties.
- Interest-bearing accounts: Incoming direct deposits will begin accruing interest on the business day that the Bank receives credit for the deposit from the payor’s bank.
- Early Payroll Deposit is offered at the discretion of the Bank and the Bank has the right to cancel the service at any time and without notice.