Teachers federal credit union mobile deposit funds availability

For Members with Personal Accounts

Recently we have launched our new Online Banking platform. The new experience features a bright and contemporary design with intuitive, custom tiles. You can easily deposit a check virtually using the new mobile app.

Table of Contents Show

For Members with Personal Accounts
For Business Members
Funds Availability Policy
How long does it take for a check to clear with TFCU?
How long does it take for a check to deposit Teachers Federal Credit Union?
What is TFCU mobile deposit limit?
Are mobile deposit funds available immediately?

Download the new TCU mobile app and enroll your membership
Sign the back of the check and write "For mobile deposit with Teachers Credit Union"
When the TCU Mobile app is open click on the Deposit a Check tile, then select the Deposit a Check button
Under Select Account, tap the arrow to the right of Deposit Account
Choose the account for your deposit
Tap on "Front" then place the check front-side-up on a flat surface and position your camera directly over the check
Take a picture of the front side of your check
Tap on "Back" and take a picture of the back side of your check
Enter the amount of the check and an optional description
Then, tap "Submit Deposit"

Please note: the Deposit Check is available through the mobile app only.

Please make sure your signature on the paper check is legible and the photos you take are clear.

You also should double-check the amount of the check against what you’ve entered to avoid a mismatch when trying to submit a deposit. Simple errors can cause your mobile check deposit to be rejected.

Finally, don’t discard the paper check immediately. If something goes wrong with your mobile check deposit, you may need to deposit the paper check instead. Hold on to the check and, after the mobile check deposit clears, you can safely destroy the paper check or void it and keep it on file.

For Business Members

Mobile check deposit is a convenient way to add money to TCU accounts. Here's how it works:

Download TCU’s Business Mobile App.
Then log in to the app and find “Deposit A Check” in the menu.
Next, sign the back of the check the way you would if you were depositing it at a branch — and add the line, “For Mobile Deposit Only with TCU.” Designate the account.
Enter the check amount.
Take a photo of the front and back of the check using your mobile device’s camera.
Review the deposit details, then hit submit to process your deposit.

Watch How to Use Mobile Check Deposit for Fast and Simple Business Deposits

Disclaimer

See Products and Services Details for more information. New Memberships can enroll in mobile deposit after 60 days. Daily, weekly and monthly limits may apply. $225 is available immediately and the remainder within two business days unless notified.

Funds Availability Policy

This disclosure describes your ability to withdraw funds at San Patricio County Teachers FCU. It only applies to the availability of funds in transaction accounts. The credit union reserves the right to delay the availability of funds deposited to accounts that are not transaction accounts for periods longer than those disclosed in this policy. Please ask us if you have a question about which accounts are affected by this policy.

General Policy. Our policy is to make funds from your cash and check deposits available to you on the next business day after we receive your deposit. Electronic direct deposits will be available on the day we receive the deposit. Once they are available, you can withdraw the funds in cash and we will use the funds to pay check that you have written. For determining the availability of your deposits, every day is a business day, except Saturdays, Sundays, and federal holidays. If you make a deposit before 4:00 p. m. or on a day we are not open, we will consider that the deposit was made on the next business day we are open.
Reservation of Right to Hold. In some cases, we will not make all of the funds that you deposit by check available to you on the next business day after we receive your deposit. Depending on the type of check that you deposit, funds may not be available until the fifth business day after the day of your deposit. However, the first $225.00 of your deposit will be available on the first business day after the day of your deposit. If we are not going to make all of the funds from your deposit available on the next business day, we will notify you at the time you make your deposit. We will also tell you when the funds will be available. If you deposit is not made directly to one of our employees, or if we decide to take this action after you have left the premises, we will mail you the notice by the next business day after we receive your deposit. If you will need the funds from a deposit right away, you should ask us when the funds will be available.
Longer Delays May Apply. We may delay your ability to withdraw funds deposited by check into your account an additional number of days for these reasons:
- We believe a check you deposit will not be paid.
- You deposit check totaling more than $5,525.00 on any one day.
- You deposit a check that has been returned unpaid.
- You have overdrawn your account repeatedly in he last six (6) months.
- There is an emergency, such as failure of communications or computer equipment.
Special Rules for New Accounts. If you are a new member, the following special rules will apply during the first thirty (30) days your account is open.
Funds from electronic direct deposits to your account will be available on the day we receive deposit. Funds from deposits of cash, wire transfers and the first $5,525.00 of a day’s total deposits of cashier’s, certified teller’s, travelers, and federal, state, and local government checks will be available on the next business day after the day of your deposit if the deposit meets certain conditions. For example, the checks must be payable to you. The excess over $5,525.00 will be available on the ninth business day after the day of your deposit. If your deposit of these checks (other than U.S. Treasury check) is not made in person to one of our employees, the first $5,525.00 will not be available on the ninth business day after the day of your deposit.
Foreign Checks. Checks drawn on financial institutions located outside the U. S. (foreign checks) cannot be processed the same as checks drawn on U. S. financial institutions. Foreign checks are exempt for the policies outlined in this disclosure. Generally, the availability of funds for deposits of foreign checks will be delayed for the time it take us to collect the funds from the financial institutions upon which it is drawn.

How long does it take for a check to clear with TFCU?

The first $225 from a deposit of checks will be available on the first business day after the day of your deposit. The remaining funds will be available on the second business day after the day of your deposit.

How long does it take for a check to deposit Teachers Federal Credit Union?

GENERAL POLICY — Our policy is to make funds from your cash and check deposits available to you on the same business day that we receive your deposit.

What is TFCU mobile deposit limit?

The current daily deposit limit is $5,000 with a monthly deposit limit of $10,000 for consumer and business accounts. A TFCU checking account is required in order to be eligible for Mobile Deposit. The service is not available to Basic Checking accounts.

Are mobile deposit funds available immediately?

Unless a hold is placed, deposits on a business day before cutoff time will be processed that night and are generally available the next business day.

teachers federal credit union mobile deposit funds availability