First Federal Credit Union

Early Direct Deposit!

NEW!! First Federal’s Early Direct Deposit

Do you wish payday could come a little earlier? With Early Direct Deposit services, it just might. With Early Direct Deposit, you can possibly receive your paycheck up to two business days earlier than you normally would.

What is Early Direct Deposit?

Early Direct Deposit is a service that can potentially make direct deposited funds available in your account up to two business days earlier than usual. When we receive notice from a payer, such as your employer, we will make the funds available to you right away.  This way, you might have access to your direct deposit two days early.

Keep in mind that when these deposits are credited depends on when your payer submits the payment information. The timing of the deposit could potentially vary and, in some cases, you may not receive your funds early. Early Direct Deposit is designed to potentially give you earlier access to funds. Speaking to your employer may give you a clearer picture of when this process takes place.

Potential benefits of Early Direct Deposit

Getting your paycheck up to two business days early may provide an advantage worth noting. Having early access to funds lets you pay bills ahead of time, potentially saving off late fees or possibly helping avoid overdraft fees.

How to set up Early Direct Deposit

There is no setup!  Early Direct Deposit is a FREE service that First Federal provides.  If you set up direct deposit into a First Federal checking account, you will automatically begin seeing your deposit made up to two days before the scheduled date!   Remember, we have to wait until we receive the information from your payer; after that you will have access to your funds. 

© 2024 First Federal Credit Union. All rights reserved.