Effective July 1, 2018, all mobile check deposits will be required to have a restrictive endorsement stating “For Mobile Deposit Only to River City FCU” (see the image below for full endorsement example). The endorsement restriction is being implemented by financial institutions due to a change in regulations. This regulation update was made in order to limit the instances of duplicate check presentments involving mobile deposit.
Before making your mobile check deposit, be sure that your endorsement is complete. If your endorsement does not follow the example, your deposit will be rejected and an error will appear within the app.
Mobile check deposits may be submitted 24 hours a day, 7 days a week. Checks deposited Monday through Friday before 2 PM CST will typically be credited to your account on the same day, excluding holidays. All other deposits will be credited to the account on the next business day. To use the Mobile Check Deposit service, you must maintain an active membership with an open and active checking account in good standing and be at least 16 years of age. Other restrictions may also apply. Please read the Mobile Banking Terms and Conditions for full disclosure on mobile check deposits.