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When Does Direct Deposit Come In

Great Money Resolutions for the New Year

by Carolyn Pittman @ Service Credit Union

It’s that time of year again, recovering from the indulgences of the holidays, looking over the past year, breaking out the new calendar, and planning to do better in all aspects of life in the coming year. One of the most popular resolutions is to be better with money. The challenge, of course, is sticking […]

SCU AVP Donnelly receives Young Professional Award

by Lori Holmes @ Service Credit Union

Portsmouth, NH – The Cooperative Credit Union Association (CCUA) recently presented Service Credit Union Assistant Vice President of the Contact Center Dennis Donnelly with the Young Professionals Award of Excellence. The award signifies a young professional who best demonstrates a commitment to the values and principles defining the credit union’s mission. Donnelly was one of […]

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PNC


PNC

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When Does Direct Deposit Go Through? | Patriot Software

When Does Direct Deposit Go Through? | Patriot Software


Payroll Tips, Training, and News

If you pay some employees via direct deposit, they might ask you when they will receive their wages. When does direct deposit go through?

Your Guide to Direct Deposit During the Holidays

by rapid! PayCard @ rapid! PayCard

The holiday season is around the corner, which for some means eggnog and lights on display, but for others it means payroll delays. Automated payment through direct deposit is proven to be more efficient, secure and cost-effective than paper checks. Still, there are a few considerations to keep in mind when switching over to electronic payment — especially around the holidays. The holiday season is a double-edged sword: it’s likely the most expensive time of the year, but is also full of banking holidays which can affect the timeliness of direct deposit. Here’s why. What is the ACH and why does it matter? The Automated Clearing House is an electronic... Read More

Get FREE Checking, Get $50!

by Jan @ Linn Area Credit Union

We know, we know! No one really wants to move their checking account. It’s such a chore! But let’s weigh the short-term pain against the long-term gain. If you don’t have a Linn Area checking account, take a good hard look what you DO have. Are you paying a monthly maintenance fee? Are you paying […]

The post Get FREE Checking, Get $50! appeared first on Linn Area Credit Union.

Direct Deposit

Direct Deposit


Investopedia

Direct deposit is the deposit of electronic funds directly into a bank account rather than through a physical paper check.

Why every business should consider switching to electronic payroll

by rapid! PayCard @ rapid! PayCard

Due to advancements in technology, utilizing payroll checks is becoming an outdated form of payment. Automated payment through direct deposit saves time and money, enhances security1, 2 and can make payday easy for employers and employees. Yet, resistance to modern banking solutions like direct deposit and paycards prevent many businesses from progressing in the 21st century. Paycard technology is growing in popularity, and as the benefits of switching to electronic payroll compound,  it becomes more difficult for businesses to avoid trying out alternative payment methods such as the rapid! PayCard. Still not convinced? Here are 3 reasons why paycheck holdouts are making the switch to a more convenient, modern, and... Read More

Correcting Employment Taxes: What to Do If You Withhold the Wrong Amount

by Rachel Gray @ Payroll Tips, Training, and News

It’s easy to make mistakes, especially when you have a million and one things on your plate. One error you could make is deducting the wrong amount from employee wages. Correcting employment taxes is necessary if you withhold too much or too little from your employees’ paychecks. This article provides an overview of employment taxes […]

The post Correcting Employment Taxes: What to Do If You Withhold the Wrong Amount appeared first on Payroll Tips, Training, and News.

Members Win One-of-a-Kind Motorcycle!

by Ruth @ Linn Area Credit Union

Linn Area Credit Union members Don and Tina Schminkey are enjoying two new motorcycles after they won a 2017 Harley-Davidson Road Glide in the 2017 Motor Madness raffle. When Don and Tina bought a new Suzuki Can-Am Side by Side 30 at Metro Harley-Davidson Suzuki Can-Am, they also picked up some $10 Motor Madness raffle […]

The post Members Win One-of-a-Kind Motorcycle! appeared first on Linn Area Credit Union.

How to Save Money on Your Utility Bills

by Melanie Lockert @ Chime Banking

Do you cringe each month when you get your utility bills? When you see a super high bill, do you wonder what happened? We’ve all been there, and high bills for gas, electricity and cable can certainly put a dent in your bank account. But all is not lost. If you want to keep your […]

The post How to Save Money on Your Utility Bills appeared first on Chime Banking.

Do You Know About the 2017 Tax Filing Extension?

by Liz Oliver @ LRRCU

The date April 15 is probably as quickly recognizable to most Americans as July 4 or December 25. Traditionally recognized as Tax Day, it’s the deadline for filing your previous year’s tax return.  With one month to go, you may be feeling the pressure and scrambling to get the task completed in the remaining days.  But […]

The post Do You Know About the 2017 Tax Filing Extension? appeared first on LRRCU.

Direct Deposit - When does it happen?

Direct Deposit - When does it happen?


Welcome to the Homesteading Today Forum and Community!

Because of some (OK maybe a lot) procrastination we have 3 different accounts in 3 different banks with direct deposits going into them on a monthly...

19 Words for a Healthy Financial Literacy Vocabulary

by Eric @ White Rose Credit Union

How’s your financial literacy vocabulary? Do you know the difference between a credit score and a credit report?...

The post 19 Words for a Healthy Financial Literacy Vocabulary appeared first on White Rose Credit Union.

Getting Out of Debt: You Can Do It and Here’s How to Get Started

by Liz Oliver @ LRRCU

Most goals or resolutions that people set for themselves are neglected within a few weeks. It’s likely that this happens because people set far-reaching goals for themselves and then lose momentum when they don’t see results right away. A perfect example of this is the financial goal that many people set for themselves: getting out […]

The post Getting Out of Debt: You Can Do It and Here’s How to Get Started appeared first on LRRCU.

National Teach Children to Save Day

by rapid! PayCard @ rapid! PayCard

Like any company that provides technology to make life easier, we examine the millennial demographic. They are the population sector interested in options – from ways to communicate, to ways to bank. In their April 2016, article, Pew Research Center cited estimates by the U.S. Census Bureau that millennials have now “surpassed Baby Boomers as the nation’s largest living generation”. A powerful consumer force, the members of this group are working “real jobs” and building careers. They are open to alternatives. They also need them as they don’t typically comply with traditional banking methods. Per rapid! PayCard’s October 2016 article about banking options for millennials and the flexibility of getting... Read More

Direct Deposit

Direct Deposit


SunTrust

New Account Start, First Deposit

The growing gig economy, and what that means for electronic payment

by rapid! PayCard @ rapid! PayCard

Millions of Americans have jobs with little security, no benefits and irregular pay — and they love it. The gig economy is a booming business model that has changed the way employees make money. Gig work translates entrepreneurial spirit into earnings with no strings attached — whether that is to break into a new field, earn extra income for saving and investment, or make some weekend spending money. Nearly a third of the working population have a gig, according to Investopedia. Either as a primary means of income, or as a supplementary job, gigs allow flexibility in employment for a generation characterized by adaptability. This model is especially attractive to... Read More

Where to Find White Rose’s Routing Number on Your Check

by Eric @ White Rose Credit Union

Where is the routing number located on a check? Whether you need to set up direct deposit or transfer money to pay bills – you may be asked for your financial institution’s routing number. You can find that number on the bottom left portion of the checks provided when you open a checking account.

The post Where to Find White Rose’s Routing Number on Your Check appeared first on White Rose Credit Union.

What You Need to Know About a Qualifying Life Event

by Rachel Gray @ Payroll Tips, Training, and News

Employees have a window of time each year to sign up for certain types of employer-sponsored insurance. Although this open enrollment period takes place at the end of each year for all employees, an employee can add or remove coverage at any time of the year if they have a qualifying life event. What is […]

The post What You Need to Know About a Qualifying Life Event appeared first on Payroll Tips, Training, and News.

Explor-a-Mortgage, Part 1

by Jan @ Linn Area Credit Union

When was the last time you refinanced your home? Were interest rates lower or higher? If you don’t know, then you should take a look at your mortgage paperwork. It might be totally worth your while! My interest (pun intended!) in this is very personal. My husband and I refinanced about four years ago, and […]

The post Explor-a-Mortgage, Part 1 appeared first on Linn Area Credit Union.

Financing A New Home: Answering Homebuyer Questions

by Kara Vincent @ LRRCU

Finding the perfect new home can be hard work, but now you also have to navigate the mortgage financing process. There are many questions that arise when it comes to financing a new home. Below we’re answering four questions about financing a new home that homebuyers commonly ask. 1. Should I Be Pre-Qualified or Pre-Approved? […]

The post Financing A New Home: Answering Homebuyer Questions appeared first on LRRCU.

Your Easy, 3-Step Guide to Finally Switching Banks

by Eric @ White Rose Credit Union

Too many people don’t switch banks because they worry about how hard the process will be. The fact is that the easiest way to switch banks is just to do it. Create a strategy, open a new account, and then close the old one.

The post Your Easy, 3-Step Guide to Finally Switching Banks appeared first on White Rose Credit Union.

Successfully Plan for Holiday Shopping on a Budget [Downloadable Budget Sheet]

by Kara Vincent @ LRRCU

‘Tis the season to be jolly! ‘Tis the season for the gifts, decorations, family, friends, and children on their best behavior. ‘Tis the season for overloaded shopping bags, impulse buying, and credit card bills. Wait! That doesn’t sound as cheery. In 2016, according to a survey conducted by The American Research Group Inc., Americans spent […]

The post Successfully Plan for Holiday Shopping on a Budget [Downloadable Budget Sheet] appeared first on LRRCU.

Direct Deposit - Security Credit Union

Direct Deposit - Security Credit Union


Security Credit Union

Direct Deposit Simplify your life with Direct Deposit! Direct Deposit is FREE and you’ll have more time for the fun things in life! You’ll save time and gas by eliminating trips to the credit union, plus you’ll never have to worry about lost or stolen checks. With Direct Deposit you can have your paycheck, Social…

Service Credit Union donates to the N.H. Food Bank

by Lori Holmes @ Service Credit Union

Service Credit Union donated $10,000 and 1,326 pounds of food to the New Hampshire Food Bank, a program of Catholic Charites NH, in order to help the citizens of New Hampshire. Service Credit Union President/CEO David Van Rossum recently presented the check to New Hampshire Food Bank Executive Director Eileen Groll Liponis to help keep […]

Security CU Wallet is Here!

by Jon Cooper @ Security Credit Union

Hello again everybody, we definitely don’t want to burden our new blog with a bunch of press releases. Now, we’re not pointing fingers at anyone who does do that in their blog (after all, it’s a great way to boost your number of blog posts), but that’s just not the way we want to do…

The post Security CU Wallet is Here! appeared first on Security Credit Union.

4 Financial Resolutions To Start Any Day of the Year [Downloadable Family Budget Worksheet]

by Kara Vincent @ LRRCU

Who says resolutions have to start on New Year’s Day?  Get yourself started whatever day you feel inspired.  Here are few important financial goals that you can begin whether it’s January 1, August 1 or a random Tuesday in November. #1: Look at the Financial Big Picture – Use Our Family Budget Worksheet You feel […]

The post 4 Financial Resolutions To Start Any Day of the Year [Downloadable Family Budget Worksheet] appeared first on LRRCU.

For employees: How to check the status of your direct deposit funds transfer

For employees: How to check the status of your direct deposit funds transfer


Help Center

Are you an employee of a business owner who uses Payroll by Wave? If you're paid by direct deposit, follow these instructions if you'd like to check the status of the transfer of your pay.You can ...

Here’s How to Improve Your Credit Score Faster

by Paul Sisolak @ Chime Banking

Good things may come to those who wait, but time isn’t on your side if you’re struggling to raise your credit score quickly. More than 30 percent of Americans have poor credit, and if you’re one of them it can be hard to improve it. Many people aim for a credit-building secured credit card, but it could […]

The post Here’s How to Improve Your Credit Score Faster appeared first on Chime Banking.

How to Prepare for an Interview When You’re Self-Employed

by Due.com @ Chime Banking

There are many myths about self-employment that people may start to mistake for fact. Working for yourself can be a great thing, but it doesn’t always mean you’ll be 100% in control of your career and the day-to-day operations. Often times, you’ll still have to work with others and may even have to please clients if you’re […]

The post How to Prepare for an Interview When You’re Self-Employed appeared first on Chime Banking.

It’s time payment systems caught up with the demands of the gig economy

by rapid! PayCard @ rapid! PayCard

Is your payment system ready for the gig economy or are you just a big wannabe? According to a Forbes article, 35 percent of the workforce have a gig, and collectively they earned $1 trillion from ad hoc work last year. But, freelance workers, who have come to expect payment as instantaneous as their work, are turning their noses up at outdated companies that can’t keep up. If you’re still mailing checks, might as well be using the Pony Express as far as tech-savvy gig workers are concerned. We are on the precipice of a major sea change, and the traditional employment model is quickly becoming as outdated as the... Read More

How to Set Up Direct Deposit to Your Banking Account

How to Set Up Direct Deposit to Your Banking Account


Linn Area Credit Union

Direct deposit is instant and convenient for businesses and employees. Your paychecks will consistently get to the bank on time. Fill out the forms.

Should Businesses Stop Accepting Cash?

by rapid! PayCard @ rapid! PayCard

Visa is paying out a jackpot to vendors willing to bet against old money, and roll the dice on cashless transactions. Visa will give $10,000 to 50 restaurants that pledge to go cashless. The new initiative, what Visa executive Jack Forestall calls “a journey to go cashless,” will incentivize vendors to rip off the bandaid of paper transactions and progress to a cashless system. The money can be used for marketing and updating point of sale technology to focus payment exclusively on credit and debit cards and electronic payment. Visa will select participating merchants in August. Cash remains the predominate method of payment, according to the Federal Reserve. A report... Read More

We Don’t Want You to Wait – Ways to Avoid Being On Hold

by Carolyn Pittman @ Service Credit Union

(And Our 10 Favorite Hold On Songs) Sitting and waiting on the phone for support probably tops most people’s lists of things they would rather not do. Thankfully, the Contact Center at Service Credit Union has invested in a wide variety of options that not only in many cases allow you to avoid picking up […]

Schedule a Check-up for Your Financial Life

by rapid! PayCard @ rapid! PayCard

Most of us are diligent about maintaining the various aspects of our life. We swap out the batteries on our smoke detectors with regularity; we schedule annual physicals, and get our car’s oil changed based on the manufacturer’s mileage recommendation. Still, many of us tend to take better care of our cars than we do our financial life. The irony being, an un-tended financial life can break down just as assuredly as an under-serviced automobile. It can run out of gas, but it can also seize up and need a roadside tow. In short, a well-examined financial life is worth exploring. 1. Schedule. Set a recurring point in time for... Read More

How to Save Money When You Get a Windfall of Cash

by Jackie Lam @ Chime Banking

Ah, there’s nothing quite like receiving a windfall of money. It may come by way of an unexpected inheritance, a work bonus or a job promotion. And depending on how you spend it, that sweet bit of extra cash may leave you feeling either relaxed or stressed out. While it’s tempting to spend it immediately, […]

The post How to Save Money When You Get a Windfall of Cash appeared first on Chime Banking.

What is Bitcoin?

by Bill Herron @ Security Credit Union

If you’ve been paying any attention to the news over the last few weeks, you’ve no doubt heard about bitcoin. But what is it? How does it work? Is it safe? These are undoubtedly questions you’ve asked yourself while watching the news lately. But don’t worry, we’re here to help. Let’s consider this a beginner’s…

The post What is Bitcoin? appeared first on Security Credit Union.

What Is an FEIN?

by Mike Kappel @ Payroll Tips, Training, and News

When you run a business, you must meet many IRS requirements. You might need an FEIN to identify your business on documents like payroll tax forms. What does FEIN mean? What is an FEIN? FEIN is an acronym for Federal Employer Identification Number, also known as an EIN. This unique, nine-digit number is used by […]

The post What Is an FEIN? appeared first on Payroll Tips, Training, and News.

Why You Don't Get Your Direct Deposit On Weekend | LRRCU

Why You Don't Get Your Direct Deposit On Weekend | LRRCU


LRRCU

Frustrated because you don't receive your direct deposit on holidays and weekends? We're telling you the reasons why.

7 Simple Tips for How to Manage Credit Cards Wisely

by Eric @ White Rose Credit Union

If you don’t use a credit card responsibly, it’s extremely easy to fall into debt up to your eyeballs. Credit cards are powerful tools that can help or hurt your money management skills. Discover how to manage credit cards wisely so you can fully enjoy their benefits.

The post 7 Simple Tips for How to Manage Credit Cards Wisely appeared first on White Rose Credit Union.

When to Pay Employees for FLSA Hours Worked

by Kaylee Riley @ Payroll Tips, Training, and News

When nonexempt employees are doing their primary job duties, it’s easy to tell that they are working. Their working time should be compensated. But, when nonexempt employees are not doing their main job duties, it can be more difficult to tell if they are working and if they should be compensated. The Fair Labor Standards […]

The post When to Pay Employees for FLSA Hours Worked appeared first on Payroll Tips, Training, and News.

Consult This Employee Termination Checklist to Keep Things Running Smoothly

by Rachel Gray @ Payroll Tips, Training, and News

Employees leave companies every day to pursue growth opportunities, accommodate personal lives, or experience change. As an employer, you hope employees won’t leave your business, but you know this is wishful thinking. When an employee resigns, you need to know what to do. The average annual overall turnover rate is 19%, according to SHRM. If […]

The post Consult This Employee Termination Checklist to Keep Things Running Smoothly appeared first on Payroll Tips, Training, and News.

How to Setup Direct Deposit

How to Setup Direct Deposit


Bank of America

Bank of America direct deposit makes it easy for you to deposit checks into your account automatically. Learn about setting up direct deposit today.

Service Credit Union to offer assistance for those affected by a Government Shutdown

by Lori Holmes @ Service Credit Union

Service Credit Union is committed to helping its members in the event of a government shutdown by covering the December mid-month payroll and offering a 0% loan. If the shutdown occurs and the Defense Finances and Accounting Services (DFAS) does not pay mid-month payrolls, Service Credit Union will post credits to members based on the […]

Time Deposits Vs. Money Market

by chuber @ Security 1st Bank

Which is better? It Depends.

Building your savings is an important part of sound money management.  As hard as you work to earn and save, you [...]

The post Time Deposits Vs. Money Market appeared first on Security 1st Bank.

SCU to offer assistance for those affected by a government shutdown

by Lori Holmes @ Service Credit Union

Service Credit Union is committed to helping its members who are affected during the government shutdown. For those with direct deposit, Service Credit Union will post credits to members based on the postings nearest to January 1, 2018. The credit of that amount will take place on or before February 1, 2018. This will apply […]

How P2P Payment is Changing Personal Finance

by rapid! PayCard @ rapid! PayCard

Emerging Peer-to-peer payment technology is growing in popularity, and will soon make back-of-napkin IOUs obsolete. Peer-to-peer payment, also known as P2P payment, is online technology that allows users to transfer funds from a bank account or credit card via the internet or mobile phone. One study found that nearly a quarter of mobile users sent money to another person from an app in 2016 — this statistic nearly triples when it comes to the millennial generation. The growing trend of P2P payment is just another chapter in 21st century technological augmentation of traditional services. Whether it’s ridesharing, online shopping, or P2P payment, consumers are foregoing tradition, and choosing digital alternatives... Read More

5 Reasons Why I Love Apple Pay (& Samsung & Android Pay)

by Bill Herron @ Security Credit Union

In case you haven’t heard, earlier this month, we started offering Apple Pay, Samsung Pay and Android Pay for our member’s personal accounts. This is something we’ve wanted to do for a while and our system upgrade back in the spring gave us all of the technology we needed to make this happen. While we’re…

The post 5 Reasons Why I Love Apple Pay (& Samsung & Android Pay) appeared first on Security Credit Union.

Answers to 18 Payroll Questions You Are Dying to Ask

by Rachel Gray @ Payroll Tips, Training, and News

For some business owners, running payroll might be like learning a foreign language. You are a master of your business idea, not the administrative responsibilities that come with it. Because you might not be familiar with these responsibilities, you might have some payroll questions. Payroll questions and answers When you become an employer, you need […]

The post Answers to 18 Payroll Questions You Are Dying to Ask appeared first on Payroll Tips, Training, and News.

Direct Deposit - Security First Bank

Direct Deposit - Security First Bank


Security 1st Bank

Tired of waiting in line at the bank to deposit your paycheck? With Direct Deposit your paycheck will be deposited into your account electronically.

rapid! PayCard Green Dot Announcement

by rapid! PayCard @ rapid! PayCard

Green Dot to Acquire UniRush, LLC, Operating Company for RushCard and Rapid! PayCard Transaction Expected to Generate Significant Strategic and Financial Synergies PASADENA, Calif.–(BUSINESS WIRE)–Green Dot Corporation (NYSE:GDOT) today announced that it has entered into an agreement to acquire UniRush, LLC, and its operating businesses RushCard, a leading online direct-to-consumer general purpose reloadable prepaid card provider, and Rapid! PayCard, a leading corporate payroll card provider. The acquisition, which maps to “Step Five” of Green Dot’s “Six Step Plan” to enhance shareholder value, materially expands Green Dot’s scale with the addition of the RushCard and Rapid! PayCard installed customer bases, while establishing Green Dot as a formidable player in the growing... Read More

Apple Pay Cash is Now Live — How Does it Work?

by rapid! PayCard @ rapid! PayCard

Learn everything you need to know about the new Apple P2P payment system That one friend, the one who still hasn’t repaid you for pizza because he “doesn’t have the right app,” is in trouble. Today, iPhone users can access what experts in the tech industry are calling “the Venmo Killer”: Apple Pay Cash. Apple Pay cash is a P2P payment service which allows users to send and receive payment through iMessage The days of P2P fragmentation are over. Thanks to Apple Pay Cash, all money transfers can take place through a central, default iOS application, and ultimately unify all P2P transactions under one secure, and intuitive, system. How to... Read More

Keeping You in the Green

by Kathleen @ Linn Area Credit Union

The month of March is all about the green. You’ve got St. Patrick’s Day, the first day of spring, and it’s also National Credit Education Month. So it’s a great time to take a look at your credit report and see what you can do to improve it! You probably already know that your credit […]

The post Keeping You in the Green appeared first on Linn Area Credit Union.

The Equifax Hack Was Worse Than Expected. What to Do Next

by Jeanine Skowronski @ Chime Banking

Looks like that worst-ever Equifax data breach was … actually worse. In late 2017, the credit reporting agency divulged a systems breach exposed the personal information of 145.5 millions Americans, including names, Social Security numbers, birth dates, addresses, dispute documents, as well as some credit card account and driver’s license numbers. But the hackers also obtained […]

The post The Equifax Hack Was Worse Than Expected. What to Do Next appeared first on Chime Banking.

Service Credit Union named top CU Direct auto lender

by Lori Holmes @ Service Credit Union

Service Credit Union (SCU) was named the top auto lender in the New England/New York region and 10th nationally for 2017 by CU Direct. CU Direct works with auto dealers and credit unions throughout the U.S. to streamline the auto buying process. Last year, the credit union funded more than 21,000 auto loans at approximately […]

Welcome to our blog!

by Bill Herron @ Security Credit Union

Do you guys remember that old Robin Williams movie where he was the radio DJ for the Armed Forced Radio Service? Well, “Good morning Security Credit Union!” (hopefully somebody gets that joke). We wanted to welcome you to a new space on our website, yes, we have our own blog and we’ve got some big…

The post Welcome to our blog! appeared first on Security Credit Union.

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