36 Direct Deposit Times Hit at Banks and Credit Unions

You received your monthly paycheck and paid some nearly overdue bills, but you’re still left with some outstanding debts and loans. You wish to $10,000 per year in savings, but your bills take all the money each month. Instead of having enough money to pay bills as they come, you have to wait until the next paycheck and want to know when the direct deposit hits your account. Does that sound familiar?

Well, that’s the cycle of living paycheck to paycheck, of which are familiar with. To escape it, you need to drastically cut expenses and save money. Living cheaply advice that can really help you save money can help you do exactly that.

You are aware that the days spent waiting for a new salary can be draining. Yet once more, it is annoying to have to drive to the bank every time you get paid to deposit your paycheck. You could use that extra time and petrol to accomplish something more worthwhile. You put in a lot of effort to earn that money, so why should you exert additional effort to have it in your account?

Direct deposits play a role in this. Your employer deposits the funds immediately into your account rather than mailing you a printed check. It has evolved into the widely used form of paying employees by most firms.

For a new employee or someone living paycheck to paycheck, knowing the precise date and time of their next payment might assist reduce financial strain. Because of this, a lot of employees want to know when their direct deposits will arrive.

In what amount of time does a direct deposit appear in your bank account?

Short Answer: Direct deposit periods typically range from one to three business days. Depending on the day, the time your issuer initiated payments, and how long it takes the ACH network to complete the payment, the exact amount of time it takes for direct deposits to appear in your bank account will vary.

As a result, there is no standard time window for direct deposits across all banks; instead, it varies between institutions. Nonetheless, the majority of banks schedule direct payroll deposits to arrive in employee accounts the night before payday at midnight. That implies that you can withdraw money from ATMs that dispense $1, $5, $10, $20, $50, or $100 as early as 7 am on payday.

One of the banks with the quickest direct deposit speeds, for instance, is AXOS Bank. Direct deposits are made as soon as your company sends the money, and the money may arrive in your account up to two days before it would normally.

On the other side, Bank of America has a 9 pm deadline for direct deposits. For donations received before the deadline, monies will be made available the same day. If not, money will be added to your account the following working day.

To find out when direct deposit times affect bank accounts, continue reading.

What is a Direct Deposit?


Direct deposit is the process of transferring money electronically from one bank account to another through the (ACH) networkwithout the need for a paper check. Instead of your employer writing or sending you a physical check, they give instructions to their bank to pay money directly into your bank account on a specific date. 

Direct deposits eliminate the need for paper checks, save companies money on payroll processing, and considerably reduces the time associated with processing paper business checks. You don’t have to make an extra trip to the bank to cash a check and wait for funds to deposit. Once a direct deposit hits your bank account, money will immediately be available for you to spend.

You must complete a direct deposit form for your employer and include your bank’s name, address, account number, and routing number in order to set up a direct deposit. You should give your employer a voided check so they can get the information directly from there and prevent expensive mistakes.

After finished, the issuer can deposit funds without using a physical check into your account. As a result, you don’t have to be concerned about your payroll check being damaged, lost, or stolen.

Direct deposits also make it easy to pay bills and manage your savings. In addition, they give you total control of where your money should go every month because you can divide your paycheck into multiple accounts. For instance, you can have part of your paycheck deposited into your savings account, Roth IRA, or an income-producing asset investment account.

How Fast is Direct Deposit?

Compared to paper checks, direct deposit is significantly quicker. The amount of a payroll check that you cash at a bank may not appear in your account for 2–5 days. With today’s economic challenges, that can seem like an eternity. Large ACH transfers may take a few extra days to clear at some institutions.

After your issuer releases payment, direct deposits typically clear the same day or the following business day, especially at bigger banks. This spares the payee from having to wait longer for check deposits and from having to spend more time and money traveling to the bank to cash a payroll check.

The good news is that direct deposits don’t need to be held at the bank. As a result, in contrast to paper checks, money will be ready for use as soon as it enters your checking account.

Nevertheless, the precise times for direct deposits depend on the source of the funds and the issuer’s instructions to the bank. Though the payee may observe the money entering their account in almost real-time timelines, there are normally many things going on in the background to enable that.

In actuality, your employer starts paying you a couple of days earlier—say, one or two weeks before payday. The precise day that money should be released into your account is then specified to the bank. Therefore it helps to ensure that money always deposits into your account at the precise time and date.

Due to this, payroll direct deposits may arrive in your bank account between midnight and six in the morning on the day before payday or at midnight on the day the employer delivers the deposits.

Prior planning also makes it possible for government payments like , , or to arrive on recipients’ bank accounts on the second, third, or fourth Wednesday of each month. 

The money is typically deposited one business day prior to the holiday if the payment date falls on a weekend or holiday. Alternatively, there can be a one- or two-day wait.

What Are The Direct Deposit Times by Bank and Credit Union? 

Banks and credit unions have different direct deposit deadlines. For your convenience, we have gathered a list of the precise direct deposit timings for each of the nation’s 36 financial institutions. The list of banks and credit unions’ direct deposit hours is presented below, listed in alphabetical order.

1. AXOS Bank

AXOS Bank is a fintech institution that offers customers all over the country cutting-edge banking services. AXOS provides a variety of financial services and products, such as checking, savings, money markets, CDs, loans, and retirement.

The ABA routing number for AXOS Bank is 122287251.

What Time Does AXOS Bank Post Direct Deposits?  

The direct deposit is made by AXOS Bank as soon as your employer sends the money. The money is released up to two days before a usual payday, unlike most institutions. If your employer deposits the funds during regular business hours, you’ll get a payroll notification that the money is available that day.

Find a nearby AXOS Bank to learn about their direct deposit policy . 

2. Bank of America

Bank of America is one of the world’s largest financial institutions, with around 4,600 locations and around 16,200 ATMs. It has select machines that issue $10 bills

When is the Bank of America Direct Deposit Time Hit?

For same-day credit, Bank of America direct deposit must be received by 9 p.m. Eastern or Central time. If not, the cash are often accessible the following working day.

Funds received by Bank of America are processed the same day. If the funds are received before the deadline, they are available the same business day; if not, they are available the following day.

Find a nearby Bank of America to learn about their direct deposit policy  

3. BECU 

For Boeing workers, a credit union called BECU was established. The non-profit financial cooperative provides no minimum balance requirements, free checking, and no maintenance fees. Discounts for members are also available on items like baseball games and drive-in movies.

The ABA routing number for Central National Bank is 325081403.

What Time Does BECU Post Direct Deposits?  

Direct deposits from BECU often occur between 12 and 2 am PST. When the bank receives the deposit information from your employer, it will probably post in the morning.

Locate a BECU in your area to find out about their direct deposit policies.


BBVA USA Bancshares has about 650 branches in Alabama, Arizona, California, Colorado, Florida, New Mexico, and Texas. The regional bank offers free online and mobile banking, Visa debit with cashback rewards, no ATM fees with premium checking, savings, cards with a smart chip for credit, lending, mortgages, and investments. 

What Time Does BBVA Post Direct Deposits?  

The same business day that your employer sends the funds, BBVA direct deposits become available.

Locate a BECU in your area to find out about their direct deposit policies.

5. Capital One

A bank with a strong focus on technology, Capital One has around 750 locations and 2,000 ATMs. They focus on credit cards, bank accounts, savings accounts, vehicle loans, commercial loans, and business loans.

What Time Does Capital One Post Direct Deposits?  

On the same business day that Capital One receives the deposit from your employer, Capital One direct deposits the money into your account no later than 9 p.m. Eastern Time. If that period has passed, the cash will be accessible the following business day.

Locate a Capital One branch nearby to discover more about their direct deposit policies.

6. Central National Bank

With over ATMs, Central National Bank has 22 locations in Kansas and Nebraska.

It offers money services for banking, loan, mortgage, and investment services. Additional services include selling gift cards for Visa, personal banking, savings and money market accounts, CDs, and farm management. 

The ABA routing number for Central National Bank is 101101293.

What Time Does Central National Bank Post Direct Deposits?  

Central National Bank direct deposits the funds in your account between 1 am, and 4 am. Their general policy is to make the funds from checks, cash, and electronic direct deposits available on the it’s received.

Find a nearby Central National Bank to learn about their direct deposit policy.

7. Chase Bank

Chase Bank serves nearly half the households in the US. Its financial services include personal banking, mortgages, credit cards, auto financing, investment advice, payment processing, small business loans, and cash third-party checks. Chase has over 4,700 branches with around 16,000 ATMs. 

See our guide on how to locate the Chase wire transfer and routing numbers online

What Time Does Chase Post Direct Deposits?  

Chase direct deposits the funds in your account by 6:30 EST on the business day the funds are deposited in the account. Also, the for making an ATM deposit is 11 pm Eastern. The cutoff when transferring money on Chase Mobile, Chase.com, or using Zelle is before 11 pm Eastern. 

Find a nearby Chase to learn about their direct deposit policy .

8. Chime

Technically speaking, Chime is a financial technology firm rather than a bank. It has your accounts insured up to $250,000 through its partners and is backed by either The Bancorp Bank or Stride Bank.

The Chimes online checking account has no overdraft, minimum balance, or monthly fees. Additionally, you’ll have access to more than 60,000 fee-free ATMs at establishments like Walgreens, CVS Pharmacy, and convenience stores like 7-Eleven.

The ABA routing number for Bancorp is 031101279.

NASD The Stride Bank 103100195 is the ABA routing number.

What Time Does Chime Direct Deposits Hit?  

By 9 am Eastern, Chime direct puts the money into your account. You may receive your direct deposit up to two days earlier if your employer and their bank execute the transaction quickly.

Find a nearby Chime ATM to withdraw your direct deposit .

9. Citibank

Citibank has over 720 branches in the US, more than 65,000 ATMs worldwide. In addition, the Citibank mobile app offers online banking and services for your credit card and unexpired debit card

What Time Does Citibank Post Direct Deposits?  

Citibank direct deposits the funds in your account, generally between 12 am, and 7 am on the business day your employer makes the transfer. Have you or your employer complete the Citibank to start the process.

Locate a Citibank in your area to learn more about their direct deposit policies.

10. Citizens Bank

Citizens Bank is the 13th largest bank in the US, with over 1,000 branches across 11 states and more than 3,100 ATMs. It offers financial services, including banking, savings, lending, wealth management, foreign exchange, and more.

What Time Does Citizens Bank Post Direct Deposits?  

Citizens Bank direct deposits the funds in your account generally between 3 am, and 6 am Eastern time when your employer sends the funds. Click here to learn how to .

Find a nearby Citizens Bank to learn about their direct deposit policy .

11. Comerica Bank

More than 590 Comerica Bank locations can be found in Michigan, Arizona, California, Florida, and Texas. It offers checking, credit cards, home loans, boat loans, online brokerage, insurance for mobile homes, condos, boats, and ATVs, and mobile and internet banking.

What is the Comerica Direct Deposit Times?  

When you use Comerica direct deposits, the money reaches your account before 10:30 p.m. Eastern time the same day it is posted (or after midnight ET for customers in California). If the transfer is finished after 10:30 pm ET, the funds will be accessible the following business day.

Locate a Comerica in your area to find out about their direct deposit policies.

12. Eastman Credit Union

Throughout Tennessee, Texas, and Virginia, there are 30 branches of Eastman Credit Union. Financial services offered by the company include checking accounts with no annual fee, savings accounts, CDs, loans for RVs, powersports vehicles, students, equipment, retirement accounts, insurance services, asset management, and more.

In addition to more than 56,000 Allpoint and Presto ATMs for members, Eastman owns approximately 75 company-owned ATMs.

The ACH routing number for Eastman Credit Union is 263177725.

What is the Eastman Credit Union Direct Deposit Times?  

Eastman Credit Union direct deposits the funds in your account at the earliest cutoff time, at 3 pm Eastern. The money will be available if the deposit is made before the on a business day. 

Locate an Eastman Credit Union in your area to find out more about their direct deposit policies.

13. Fidelity

The 54 branches of Fidelity and the 37,000 surcharge-free ATMs provided by MoneyPass are both partners. Moreover, it offers checking accounts, savings accounts, money market accounts, certificates of deposit, individual retirement accounts, credit cards, and mortgage products.

The ABA routing number for Fidelity Investments is 101205681.

What Time Does Fidelity Post Direct Deposits?  

Fidelity directly deposits the funds in your account between 12 am and 7 am Eastern when an employer sends the funds. Complete the to start the process.

Find a nearby Fidelity to learn about their direct deposit policy .

14. Fifth Third Bank

With more than 2,400 bank-owned ATMs and access to more than 50,000 fee-free ones, Fifth Third Bank has more than 1,150 branches in the Midwest. Consumers can access checking accounts with debit cards, online banking, online bill pay, savings accounts, certificates of deposit (CDs), identity theft insurance, daily credit monitoring, and other services.

The ACH routing number for Fifth Third Bank is 042000314.

What Time Does Fifth Third Bank Post Direct Deposits?  

Fifth Third Bank direct deposits the funds in your account generally the same business day it was received. The deposit must also be made before to avoid overdraft fees. 

Find a nearby Fifth Third Bank to learn about their direct deposit policy .

15. First American Bank

With more than $5 billion in assets, First American has more than 60 locations in Illinois, Wisconsin, and Florida. The financial institution provides checking and savings accounts, debit and credit cards, money market accounts, certificates of deposit (CDs), Health Savings Account (HSA) accounts, Individual Retirement Accounts (IRAs), construction loans, bridge loans, digital banking, mobile wallets, overdraft protection, foreign exchange, wealth management, trust and estate planning, and over 55,000 surcharge-free partner ATMs.

The ACH routing number for First American Bank is 071922777.

What Time Does First American Bank Post Direct Deposits?  

On a business day, First American Bank will typically direct deposit the monies into your account between 2 and 5 am Eastern.

Find a nearby First American Bank to learn about their direct deposit policy .

16. Goldman Sachs Bank (aka Marcus)

Online bank Marcus, formerly known as Goldman Sachs Bank, provides high-yield savings accounts, fee-free personal loans, and high-yield CDs.

The routing number for Goldman Sachs Bank is 1240-8526-0.

What Time Does Goldman Sachs Bank Post Direct Deposits?  

Usually between one and four in the morning Eastern Time, Goldman Sachs Bank will directly deposit the money into your account.

Find a nearby Goldman Sachs Bank to learn about their direct deposit policy .

17. Greendot

Online bank Greendot has more than 33 million clients. It makes efficient electronic payments more quickly and enables users to save, send, manage, and spend money. Fintech companies like Walmart, Google, Uber, Intuit, and others are partners of the online bank.

Greendot provides mobile banking, retail debit card sales, payroll and tax services, as well as mobile banking.

The routing number for Greendot ABA is 124303120.

What Time Does Greendot Post Direct Deposits?  

Greendot direct deposits the funds in your account up to two days before payday with ASAP Direct Deposit. Are you waiting for government funds like stimulus money or a pension check? Government funds can arrive up to 4 days before the .

Greendot bank is open 24/7 with live customer support  

18. HSBC Bank

With more than 40 million customers, HSBC Bank runs in 64 countries and has about 230 branches in the US. It provides personal and online banking services, including loans, credit cards, mortgages, and savings accounts.

The ACH routing number for HSBC Bank is 022000020.

What Time Does HSBC Bank Post Direct Deposits?  

After your company makes the transfer, HSBC Bank will make a direct deposit into your account somewhere between midnight and two in the morning.

To learn more about their direct deposit procedures, locate a local HSBC Bank.

19. KeyBank Bank

KeyBank has around 1,200 branches and 1600 ATMs in 26 states across the US. It offers money services, including transfer funds, bill pay, send money with Zelle, credit cards, order and cash personal checks, investments, and more. 

What is the KeyBank Direct Deposit Time?

If the wire transfer is received by 6 pm Eastern on a business day, KeyBank direct deposits are credited to your account the same day.

To learn about their direct deposit policies, locate a KeyBank branch nearby.

20. Morgan Stanley Bank

With more than 600 locations across the US, Morgan Stanley Bank is an international provider of financial services that offers wealth management, investment banking and securities, and investment management services.

What Time Does Morgan Stanley Bank Post Direct Deposits?  

After the employer transfers the money, Morgan Stanley Bank will immediately deposit it into your account between the hours of 2 and 5 am Eastern.

Find a nearby Morgan Stanley Bank to learn about their direct deposit policy .

21. Navy Federal Credit Union

With more than 345 locations, Navy Federal Credit Union provides free checking accounts, savings accounts, money markets, IRAs, CDs, cashier’s checks, money transfers, money orders, credit cards, consumer loans, mortgages, investments, access to more than 30,000 ATMs, and online banking.

The Number for Navy Federal Credit Union’s ABA route is 256074974 for all states.

What Time Does Navy Federal Credit Union Post Direct Deposits?  

On a business day, Navy Federal Credit Union will typically direct deposit the money into your account between 12 and 6 am Eastern.

Find a nearby Navy Federal Credit Union to learn about their direct deposit policy .

22. Northern Trust Bank

One of the first financial firms, Northern Trust has more than 55 locations and more than $11 trillion in assets under custody. The bank offers asset servicing, wealth management, and investment management to businesses, high-net-worth individuals, and families.

What Time Does Northern Trust Post Direct Deposits?  

On the business day that your company sends the monies, Northern Trust will direct deposit them into your account between the hours of 1 and 4 am Eastern.

Find a nearby Northern Trust to learn about their direct deposit policy .

23. PenFed Credit Union

PenFed Credit Union has 50 branches with $25 billion in assets and over 2 million members worldwide. It offers competitive financial services for mortgages, auto loans, credit cards, savings, home equity, CDs, free checking accounts, personal loans, 24/7 online banking, Coin counters that are free for members, and more. 

The routing number for PenFed Credit Union is 2560-7844-6.

What Time Does PenFed Credit Union Post Direct Deposits?  

The monies are usually directly deposited into your account by PenFed Credit Union between 7:30 and 7:30 Eastern time.

Find a nearby PenFed Credit Union to learn about their direct deposit policy .

24. PNC Bank

PNC Bank has around 2,300 locations and access to about 18,000 ATMs across the US. It offers fiduciary services, wealth management and investment consulting, FDIC-insured banking services and products, and lending. Consumer money services include checking, savings, credit cards, mortgage lending, retirement advisory, free notary services for customers, auto loans, and free money orders for account holders. PNC is also a location that offers free check cashing without ID if the check was issued from the bank and the account has sufficient funds.

See our guide on Routing numbers for PNC Bank and wire transfers information for each state.

What Time Does PNC Bank Post Direct Deposits?  

Once the employer has made the transfer, PNC Bank will make a direct deposit into your account between the hours of 12 am and 8 am Eastern.

Find a nearby PNC Bank to learn about their direct deposit policy .

25. Regions Bank

In the US, Regions Bank operates more than 1,450 banking locations and more than 1900 ATMs. Checking, no-fee savings accounts, certificates of deposit, money market accounts, debit cards, reloadable prepaid, loyalty and gift cards, credit cards, mortgages, refinancing, personal loans, lines of credit, auto loans, home equity loans, student loans, internet banking with bill pay, and cashback incentives are all available.

In addition, Regions Bank provides click to pay with Visa, Apple Pay, LG Pay, Google Pay, Samsung Pay, and Zelle as secure payment options.

What Time Does Regions Bank Post Direct Deposits?  

Regions Bank direct deposits the funds in your account generally between 12 am and 3 am on a business day. The for other transactions include 4 pm for cash, 8 pm for DepositSmart ATMs, and 8 pm for mobile and online bill payments and transfers.

Find a nearby Regions Bank to learn about their direct deposit policy .

26. Security Service Federal Credit Union

More than 65 locations of Security Service Federal Credit Union can be found in Texas, Colorado, and Utah. Checking and savings accounts, CDs, money markets, loans, credit cards, mortgages, investment advice, personal and business insurance, real estate agents, title companies, payroll services, dree signature guarantee service, free notary services at all locations, and online banking are just a few of the financial services provided.

The routing number for Security Service Federal Credit Union is 314088637.

What Time Does Security Service Federal Credit Union Post Direct Deposits?  

Security Service Federal Credit Union direct deposits the funds in your account generally between 5:30 am and 7 am Eastern time on a business day to clear the funds. Click to complete the SSFCU direct deposit request form. 

Find a nearby Security Service Federal Credit Union to learn about their direct deposit policy .

27. State Employees Credit Union

The North Carolina offices of State Employees Credit Union total over 270, with more than $45 billion in assets and 1,100 ATMs.

The SECU offers the following financial service: auto loans, mortgage loans, personal loans, free credit reports, 529 Plans, IRAs, money markets, savings, checking, HSA plans, credit cards, debit cards, estate planning, trust advisory, coin redemption, free document shredding days, foreign currency, safe deposit boxes, US savings bonds, overdraft transfer service, insurance products, signature guarantee and notary services, discount theme park tickets, and more. 

The ABA routing number for State Employees Credit Union is 253177049.

What Time Does State Employees Credit Union Post Direct Deposits?  

State Employees Credit Union direct deposits the funds in your account by 5:30 pm Eastern on business days, .

Find a nearby State Employees Credit Union to learn about their direct deposit policy .

28. Sutton Bank

Sutton Bank is a neighborhood bank with eight locations serving Ohio’s business and agricultural communities. They provide agricultural loans for cattle, leasing, real estate, working capital, and other things, as well as business loans for equipment. A mobile wallet, eStatements, mobile check deposits, and online bill pay are some of its digital banking features.

The routing number for Sutton Bank is either 041208777 or 041215663.

What Time Does Sutton Bank Post Direct Deposits?  

On the day of the paycheck, Sutton Bank direct deposits money, which arrive in your account by 8 p.m. ET. As long as the payroll is deposited two banking days prior to the payday, the funds will be accessible.

Find a nearby Sutton Bank to learn about their direct deposit policy .

29. Synchrony Bank

With over 68 million active client accounts, Synchrony Bank, originally MetLife Bank and GE Capital Retail Bank, has a 90-year history. It has deposits totaling more than $62 billion in IRAs, CDs, savings accounts, and money market accounts that are FDIC guaranteed.

The ABA routing number for Synchrony Bank is 021213591.

What Time Does Synchrony Bank Post Direct Deposits?  

Between 2 and 5 in the morning, Synchrony Bank will deposit the money directly into your account after it has been received.

Find a nearby Synchrony Bank to learn about their direct deposit policy .

30. TD Bank

TD Bank has over 1,200 branches along the east coast with over 700 Money machines that can print $5, $50, $100, and $20 bills

Online banking, student banking, international financial services, foreign exchange, overdraft protection, personal banking, small business banking, commercial banking, and investing services are all provided by the TD Bank branches.

What Time Does TD Bank Post Direct Deposits?  

Except on weekends and legal holidays, TD Bank will direct deposit the money into your account by 6 am Eastern on the business day of the deposit.

Find a nearby TD Bank to learn about their direct deposit policy .

31. Truist (formerly BB&T and SunTrust)

The seventh-largest commercial bank by deposits, Truist has about $400 billion. They provide services to almost 10 million homes across 17 states. At Truist, you can get interest-bearing checking, savings accounts with no minimum balance requirements, money markets with no withdrawal limits, CDs, investing, and retirement planning.

What Time Does Truist Post Direct Deposits?  

Normally, SunTrust direct deposits post between 12 am and 6 am Eastern Time. On the business day the bank receives the deposit from your employer, they will post the money to your account.

Contact a Truist in your area to find out about their direct deposit procedures.

32. UnionBank

There are about 400 UnionBank locations in California, Oregon, and Washington. Fee-free checking accounts, savings accounts, money market accounts, certificates of deposit (CDs), online and mobile banking, home refinancings, education savings accounts, insurance services, SBA loans, payroll services, 401k plans, merchant services, trust services, and more are all provided.

Using your Union Bank credit card or debit card to make transactions everywhere that Google Pay, Apple Pay, or Samsung Pay is accepted is simple thanks to the company’s digital wallet service.

For wire transfers, the Union Bank ABA routing number is 122000496.

What Time Does UnionBank Post Direct Deposits?  

Your account will receive a direct deposit from Union Bank at some point between 2 and 5 am Eastern.

Locate a local Union Bank and inquire about their direct deposit procedures.

33. USAA 

Veterans, active duty service members, and their families are all offered a variety of financial services by USAA.

Checking, bill pay, early direct deposit, reward credit cards, cash back credit cards, low-rate credit cards, auto loans with no prepayment penalty, online mortgage preapproval, CDs, youth banking, mobile banking, boat, motorcycle, and RV loans are just a few of the financial services offered by USAA.

It has more than 60,000 USAA-preferred ATMs across the country, and if you use an out-of-network ATM, it will reimburse you up to $15 per month.

The routing number for USAA ABA is 314074269.

What Time Does USAA Post Direct Deposits?  

At least one working day prior to your planned payday, USAA will direct deposit the money into your account. It is contingent upon your employer submitting USAA your payment information in advance.

Find a nearby USAA to learn about their direct deposit policy .

34. US Bank

With assets of more than $560 billion, US Bank has nearly 2,000 locations throughout 26 states. Consumer and business lending, consumer banking, fleet cards, international payment processing, freight payment services, equipment financing, trust services, specialized asset management, and 24-hour customer service are the main financial services provided.

What Time Does US Bank Post Direct Deposits?  

On the date specified by the employer, US Bank will make a direct deposit of the funds into your account by 11 a.m. Eastern.

Find a nearby US Bank to learn about their direct deposit policy .

35. Wells Fargo

In 31 countries, Wells Fargo operates approximately 7,200 branches and 13,000 ATMs. One in three US households are served by it.

It provides a range of financial services, including loans for mortgages, investment, credit cards, personal banking, small business banking, and commercial banking.

See our guide on how to locate Wells Fargo wire transfer and routing numbers online.

What Time Does Wells Fargo Post Direct Deposits?  

When your employer sends the money, which typically happens between 4 and 6 am, Wells Fargo deposits it directly into your account.

Find a nearby Wells Fargo to learn about their direct deposit policy .

36. Woodforest National Bank

With more than 850 24/7 ATMs, Woodforest National Bank has more than 735 locations across 17 states.

The bank provides a variety of financial services, such as checking and savings accounts, loans, overdraft services, insurance, investment advisory services, debit cards, merchant services, and federal tax payments. Additionally, the bank offers fax services for $2 per page, money orders for $2, photocopies for $1 per page, safe deposit boxes, travelers’ checks, wire transfers, temporary personal checks, coin counting wrappers, and online and mobile banking.

What Time Does Woodforest National Bank Post Direct Deposits?  

If you deposit money with Woodforest National Bank by 9 p.m. Eastern time, it will be available in your account the following business day. Also, they make the money available right away on the day your employer deposits it into your account via direct deposit.

Find a nearby Woodforest National Bank to learn about their direct deposit policy .

Is Direct Deposit Safe?

Direct deposits typically offer greater security than paper checks. That’s because money is regularly transferred directly into your account without requiring your bank information.

Remember that paper checks carry sensitive banking details like your account number and routing number. If your payroll check is lost or stolen, a fraudster can cash it at 24-hour check-cashing stores or use it to make fraudulent purchases and get cash back at stores with the highest cash-back rates. Setting up a direct deposit is a form of fraud prevention.

By participating in the procedure, you help prevent the theft of your bank information by unauthorized individuals who might use it against you. In order to prevent your hard-earned money from ending up in the wrong place, you should also make sure to provide the correct information, such as the routing number and account number.

Making costly mistakes when typing or writing down necessary information such your bank’s name, address, routing number, and account number Giving your company a voided check will enable them to enter information immediately from the check and reduce the possibility of mistakes.

What Are the Benefits of Direct Deposit?

For both the payer and the payee, direct deposits have a number of advantages, including:

  • Convenience: No extra trips to Banks and check-cashing locations open 24/7 or longer wait time for funds to clear. Direct deposits clear faster than paper check deposits, and you can access your funds almost immediately after the issuer releases the funds.
  • Direct deposits are safer than paper checks in terms of security. Your paycheck check won’t get lost or stolen, so that risk is gone. Once more, cashing checks doesn’t require printing paper copies and making a trip to the bank.
  • Reduces payroll costs: Processing payroll and mailing paper checks don’t cost the employer any additional time or money.
  • Organize your money: You can divide your pay so that it is put into the appropriate accounts. Due to the fact that the money is sent before it reaches your bank account, this might help you remain on top of your savings and bills.
  • Get your results sooner: Most online banks offer this benefit to reward customers who set up direct ACH transactions. You can therefore receive your money up to two days prior to the planned payment.
  • Prevent monthly fees by keeping a minimum daily balance, charging a certain number of debit card transactions, and depositing a minimum amount each month. You don’t have to worry about your bank account being slammed with monthly maintenance fees thanks to a direct deposit, which handles the grunt work for you.
  • Inexpensive payment transactions – Businesses use ACH, or eChecks, to save money transferring money to you and not deal with the hassles of paper checks. For example, locations where secondhand gadgets are sold, like BuyBackWorld, uses ACH direct deposit for your stuff. Other examples of companies that pay with eCheck include online consignment shops, internet shops that offer vinyl recordings, sell antiques online, selling quickly on Poshmark, and legitimate mystery shopping firms.
  • Convenient monthly subscriptions – It’s a more efficient use of your time to set up automatic monthly withdrawals from your checking account for monthly subscriptions and services. For example, setting up an automatic ACH every month for a cheap gym membership like Planet Fitness, affordable memberships for massages, or monthly payments after purchasing a vehicle from a dealer.

How To Setup a Direct Deposit?

It merely only three simple steps to set up direct deposits, as indicated below:

1. Request a direct deposit form from your employer

The first step is to request and complete your employer’s direct deposit form. You can also download the form directly from your bank’s website. In addition, social security beneficiaries can sign up for direct deposits from the or the .

2. Enter your personal and account details

Fill out the form completely, including your name, account number, bank routing number, bank address, and Social Security Number (SSN), in order to set up direct deposit.

Certain employers or banks may require you to attach a voided check as proof of your information, while other forms may ask you to indicate whether you have a checking or savings account.

3. Sign & submit the form

Finally, submit the completed form to your employer after signing it. Then watch for your request to be processed by your employer. Direct deposits may take a few to several weeks to take effect, depending on how quickly your request is processed.

Frugal Reality Tip: When setting up an account, stay away from mailing or emailing sensitive information like your routing and account numbers. Get involved in the process and handle it one-on-one with your employer or authorized staff at the company to prevent sensitive information from leaking to unreliable third parties.

Do Direct Deposits Hit on Sunday?

Unfortunately, direct deposits won’t hit on Sundays, weekends, or during federal holidays. It’s because the is closed during weekends and holidays, and the ACH network doesn’t settle payments during such times. That applies to both direct deposits and bill payments.

Direct deposits should therefore arrive Monday through Friday, but not on weekends or public holidays. Your employer will probably release payments a day earlier if your payday falls on a weekend or a holiday. You will have to wait till Monday or the following working day if not.

How Long Does Direct Deposit Take the First Time?

A direct deposit doesn’t take long to clear the first time once the setup is finished. Following that, the procedure is typically swift, and you may anticipate having access to the money in one to three days. Occasionally, depending on who is sending the money, it could take up to five days.

To expedite the procedure, most employers start the payment process a few days before the scheduled payday. Therefore, you can arrange for direct deposits to arrive in your account between midnight and six in the morning on the business day before your payday. Usually, the next business day following the payer’s payment authorization is when the funds become available.

How Long Does it Take to Reject a Direct Deposit?

Rejecting a direct deposit and sending the money back to the payer takes five to seven or seven to ten days. The precise time frame is determined on the bank’s policy. The money will be sent back to the sender once a direct deposit has been canceled.

There’s a chance that the money will end up in the wrong place if either you or your employer types the direct deposit information incorrectly during setup. This could also occur if you close your previous checking account and your company deposits funds there prior to updating the payroll information.

Until the funds are returned, the company will not send another direct deposit or issue another payroll check. Even after the money has been returned, company policies might prevent you from getting paid until the following payroll date.

You should stop direct deposits before closing your checking account in order to prevent all the problems. Next, send updated account information before the following payroll date.

Because direct payroll deposits are typically made several days or weeks prior to the scheduled payday, employers require employees to provide cancellation information in advance. That makes it less likely that your profits will be received late or that they will be routed to closed accounts.

What Time Does Unemployment Direct Deposit Hit Your Account?

Your savings or checking account receives unemployment direct deposits two to three days after each weekly certification. Every month, the payments often arrive on the first, second, or third Wednesday.

Funds are sent electronically using an ACH network, so no further bank holds are necessary. Hence, after the payment date, money will post overnight and become available the following day. On the morning of the due date, while the precise hour may differ from state to state, money will be accessible for usage.

That said, weekends and federal holidays will affect when Cash is put on a Reliacard.. You can have money deposited one day before the holiday or delayed by one or two days, depending on whether the payment schedule coincides with a weekend or a holiday.

What are Direct Deposit Alternatives?

If you don’t have a bank account, direct deposits won’t work for you. For instance, over 22% of American households are unbanked. That’s about without bank accounts. They probably get paid through a paper check, which can be risky at times. So if you belong to an unbanked camp, you need a convenient mode of electronic payment to secure your paycheck.

Great alternatives to direct deposits have emerged with the development of the internet and cutting-edge technology, including:

  • PayPal
  • Venmo
  • Prepaid debit card

Direct Deposit Times Hit Summary

Planning ahead and avoiding most of the financial stress associated with waiting for a paycheck can be accomplished by being aware of the precise day and hour you will be paid. Contrary to paper checks, which necessitate additional bank visits, have a slower clearing time, and increase the danger of fraud, direct deposits have higher levels of security and hasten the payment process.

Direct deposits can take a while to appear in your savings or checking account, depending on when the payer begins the payment and how quickly the ACH network clears payments.

Typically, after your employer releases the funds, direct installments arrive within 1-3 business days. Yet, one benefit of setting up direct ACH payments is that those with online bank accounts may receive their paycheck up to two days before the planned payment date.

Most banks offer same-day or the following-day direct deposits. On payday, money often arrives in your account between midnight and six in the morning. Hence, before leaving for work on payday, you can access it early.

Typically, unemployment direct deposits are made one to three days following the weekly certification. Each month, depending on the state, money is typically loaded onto your Reliacard on the first, second, or third Wednesday.

Nevertheless, on weekends and federal holidays, the ACH network does not handle direct deposits. Therefore, don’t count on receiving direct deposits on Sundays. Instead, if your payment schedule falls on a weekend or a holiday, allow one or two extra business days.

If you don’t have a bank account, you can opt for direct deposit alternatives like PayPal, Venmo, or prepaid debit cards.

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