topic Re: Credit unions with early direct deposit in Personal Finance

Credit unions with early direct deposit

SouthJamaica — Fri, 13 Aug 2021 17:02:15 GMT

Some credit unions have early direct deposit. If you use direct deposit, they make it available a day or two early, sometimes even sooner than that.

The ones I know that offer this feature are listed below. If you know of others, let me know and I'll add them to this post. When doing so, be sure to specify what their membership eligibility requirements are, so I'll know how to classify them.

Open membership credit unions:

1. Langley FCU (2 days)

2. Hanscom FCU (2 days)

3. Andigo Credit Union (1 day)

4. DCU (2 days)

5. PenFed (1 day) (courtesy @ MaizeandBlue)

6. Unify FCU (1 day)

7. Andrews FCU (1 day) (courtesy @ Royalbacon)

8. Chartway FCU (1-2 days)

9. Service CU (2 days)

10. Affinity FCU (cash back debit checking account) (2 days)

11. US Senate FCU (1-2 days) (courtesy @ Royalbacon)

12. Consumers CU (Illinois) (1 day)

Somewhat limited membership credit unions:

(I used to have Service CU under this category but as @Royalbacon reminded me, they are now open to all)

Very limited membership credit unions:

1. Abri (1 day) (courtesy @codefreak13)

2. University FCU, Mountain America, America First (all 1-day) (courtesy @Creditfan1234)

3. Golden 1 (1 day)(courtesy @Bella007)

4. FCCU (First Community Credit Union) (Houston) (2 days) (courtesy @Anonymous)

5. Baxter CU (2 days) (courtesy @Anonymous)

6. RBFCU (1 day) (courtesy @Jetboy) (2 day according to @OmarGB9 )

7. Knoxville TVA Employees CU (2-3 days) (courtesy @Anonymous)

8. Point Breeze CU (1 day), Sky One FCU (1-2 days), Union Square CU (2 days), GPO FCU (1 day) (courtesy Royalbacon)

9. South Florida Educational FCU (1 day) (courtesy @PutThatMoneyOnTheTable)

10. Wescom CU (2 days) (courtesy @Kforce )

Banks:

1. Chime Bank (2 day) (courtesy @creditfan)

2. Woodforest National Bank (2 day) (courtesy @ GentMAB)

Other:

1. Fidelity Cash Management (1 day) ( courtesy @ designated_knitter)

Re: Credit unions with early direct deposit

Atonswife — Wed, 14 Feb 2018 21:23:00 GMT

DCU releases early. My official payday is Wednesday however my deposit is available after 6pm on Mondays. If Monday is a Federal Holiday where banks are closed, then my deposit is available the Friday before.

Re: Credit unions with early direct deposit

creditfan — Wed, 14 Feb 2018 21:58:55 GMT

DCU comes to mind

they even advertise on their website

Re: Credit unions with early direct deposit

DaveInAZ — Wed, 14 Feb 2018 22:01:46 GMT

Yes, I can confirm DCU posts my payroll direct deposit early. My payday is every other Friday and it usually shows as available Thursday mornings, but after a Monday holiday it's Thursday afternoon. And when I had the direct deposit going into Penfed earlier this year it was the same. My employer is the local county government and is probably not as fast processing payroll as other employers.

Re: Credit unions with early direct deposit

Anonymous — Wed, 14 Feb 2018 23:05:18 GMT

PenFed. I deposit a portion of my pay check to them and its always available one day before my actual pay day.

Re: Credit unions with early direct deposit

SouthJamaica — Thu, 15 Feb 2018 04:29:12 GMT

@Anonymouswrote:
NFCU is a day early, but any military associated bank/CU will be like this from my experience with NFCU/USAA.

Not so. I'm a member, and I tried it, and it was not available early.

Re: Credit unions with early direct deposit

Anonymous — Thu, 15 Feb 2018 08:57:29 GMT

wrote:

@5. PenFed (1 day) (courtesy @Anonymous)[I'm not so sure about PenFed]

I've verified this for myself. My pay check is direct deposited into four accounts with Chase Bank, PenFed, University of Michigan Credit Union, and Tri City National Bank ( a small local bank). The deposits to Chase and PenFed are done to avoid fees on my checking and savings accounts with them, and to allow me to get the maximum 2% cashback on my PenFed Power Cash Rewards card. Officially pay day is every other Friday but PenFed always shows the funds available by 8 a.m. Eastern Time on Thursdays. By comparison, Chase and UMCU show the funds available on Friday mornings, and TCNB shows the deposit as "pending" on Friday mornings. I still have access to the TCNB funds but it isn't actually credited to my account until their system updates overnight Friday/Saturday morning.

Re: Credit unions with early direct deposit

Anonymous — Thu, 15 Feb 2018 15:41:43 GMT

I get DD one day early for these three: DCU, PenFed, Apple FCU

Re: Credit unions with early direct deposit

shadanat — Fri, 16 Feb 2018 20:12:09 GMT

NASA Federal Credit Union does early direct deposit

Re: Credit unions with early direct deposit

Anonymous — Fri, 16 Feb 2018 20:41:41 GMT

forgot to mention about Apple FCU; I believe their early DD is not necessarily for everyone, but depends on where you fall in their membership, mostly teachers from local school districts that the CU was originally set up to serve

Re: Credit unions with early direct deposit

SouthJamaica — Fri, 16 Feb 2018 21:40:48 GMT

@Anonymouswrote:
forgot to mention about Apple FCU; I believe their early DD is not necessarily for everyone, but depends on where you fall in their membership, mostly teachers from local school districts that the CU was originally set up to serve

This thread should be about early direct deposit available to everyone, not just military or other government employees.

Re: Credit unions with early direct deposit

creditfan — Sat, 17 Feb 2018 07:21:03 GMT

here is another one

https://www.chimebank.com/get-paid-early/

Re: Credit unions with early direct deposit

Anonymous — Sun, 18 Feb 2018 04:03:01 GMT

@SouthJamaicawrote:
@Anonymouswrote:
NFCU is a day early, but any military associated bank/CU will be like this from my experience with NFCU/USAA.
Not so. I'm a member, and I tried it, and it was not available early.

Something wrong here. I've done DD with both institutions and it was early availability with each. Perhaps because I get two deposits per month, SSDI and VA (both from the US Government directly, of course)?

Re: Credit unions with early direct deposit

SouthJamaica — Sun, 18 Feb 2018 17:13:24 GMT

@Anonymouswrote:
@SouthJamaicawrote:
@Anonymouswrote:
NFCU is a day early, but any military associated bank/CU will be like this from my experience with NFCU/USAA.
Not so. I'm a member, and I tried it, and it was not available early.
Something wrong here. I've done DD with both institutions and it was early availability with each. Perhaps because I get two deposits per month, SSDI and VA (both from the US Government directly, of course)?

Some credit unions have early availability for deposits of military related members; this thread should be limited to those which make it available to all members.

Re: Credit unions with early direct deposit

SouthJamaica — Sun, 18 Feb 2018 17:14:25 GMT

@creditfanwrote:
here is another one
https://www.chimebank.com/get-paid-early/

Maybe I'm old school but I'm a little wary of depositing my money in a bank which doesn't give you a street address.

Re: Credit unions with early direct deposit

codefreak13 — Sun, 18 Feb 2018 22:53:07 GMT

Abri CU in Illinois does early DD (usually in by 7 AM Central a day early).

Re: Credit unions with early direct deposit

Anonymous — Mon, 19 Feb 2018 00:16:59 GMT

@Anonymouswrote:
NFCU is a day early, but any military associated bank/CU will be like this from my experience with NFCU/USAA.

Only a day early if you have military direct deposit.

If you're everyone else, it's like 30 minutes early.

Re: Credit unions with early direct deposit

Creditfan1234 — Mon, 19 Feb 2018 17:58:04 GMT

My credit union is always a day early for both my wife and my DD. University FCU ucreditu.com

If you have connections to Utah they are great.

There is also Mountain America CU or America First CU that other provide the day early DD

Re: Credit unions with early direct deposit

OmarR — Mon, 19 Feb 2018 23:13:41 GMT

I am a civilian.

USAA direct deposit's my paycheck the day before payday @ 6:30am.

Re: Credit unions with early direct deposit

Anonymous — Tue, 20 Feb 2018 00:57:06 GMT

@OmarRwrote:
I am a civilian.

@Anonymous direct deposit's my paycheck the day before payday @ 6:30am.

Love USAA!