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DEPOSIT OPTIONS FAQs

DEPOSIT OPTIONS

For members making less than 20 check deposits a month, we recommend using our consumer AnytimeDeposit service.

 

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FAQs

FMFCU’s Business AnytimeDeposit service is a revolutionary product that blends the convenience for remote deposit with the functionality and security of new check scanner technology. With Business AnytimeDeposit via FMFCU’s Online Banking, you can now deposit checks directly to multiple business accounts within a membership in minutes. Business AnytimeDeposit also offers the ability to review current and past check deposits for added security.

 

Benefits of Business AnytimeDeposit

  • Fewer trips to the branch saves time and money
  • Same day deposits improve cash flow and forecasting
  • Digital capture and check processing reduces fraud
  • Faster information on returned checks and for collection
  • Online access to images, deposits and reports to help you more easily manage your business

Next Step – Launch!

Using Business AnytimeDeposit is easy! Once you have your check scanner installed and set up, watch this brief instructional video for making deposits:

 

 

Or, follow these written instructions:

  1. Log in to Online Banking (don’t have Online Banking? Enroll today)
  2. Tap Business AnytimeDeposit under the Menu
  3. Enter the information required
  4. Scan your checks
  5. Verify the deposit amounts and make any corrections
  6. Tap Submit to transmit your deposits

View/download the User Guide | Scanner Set-up Guide

 

 

Note: The following items are not eligible for AnytimeDeposit for Business:

  • Checks payable to any person or entity other than you (third party)
  • Post-dated checks
  • Stale-dated checks (older than six months)
  • Checks containing an obvious alteration to any field