Crazy about Check Selfies: Deposit a Check on the Go!
Recent studies have shown that taking excessive amounts of selfies is an indicator for psychopathic tendencies. Thankfully taking an excessive amount of these selfies is only an indicator for depositing lots of checks.
We know some of you had been asking for us to get with the times and be like your other bigger financial institution. You provided feedback and WSECU jumped into action; well, more like deliberately and methodically plotted our course in search of the best mobile deposit fit for our members and our mobile banking applications. You get the point; we didn’t rush in to this.
According to the 2013 Federal Reserve Payments Study Detailed Report, check usage is in decline; a big decline; a nosedive would be more accurate. We went from 42 billion checks processed in 2000 to 18.3 billion in 2012. This is a huge drop but there are still a lot of checks being utilized by people and businesses. So, with everything moving to digital and mobile why would WSECU spend time and energy accommodating a shrinking method of payment? It’s a transition period and everyone is doing it; we are on the precipice of ushering in a 100% digital landscape for banking. We will potentially be alive for the last personal paper check to be written, processed and deposited. What a time to be alive!
New technology can be frustrating, especially if you are still new to the realm of smartphones; if this is you then we commend you for taking this step into the unknown and out of your comfort zone. Please know we are here to help you troubleshoot any problem and answer your questions about our Mobile Banking app and Mobile Deposit. If you are new to Mobile Deposit or have encountered issues when you attempted to use it, here are some helpful tips to get you going.
- You must be logged into the account you wish to deposit the check.
- Checks must include date, payee, amount, and signature.
- Checks must be endorsed with a signature (not stamped).
- Blue or black ink works best for endorsing.
- Have good lighting.
- Lay the check flat on a contrasting background.
- Take photos from above, not at an angle.
- Include all four corners of the check in the photo frame.
- Keep the deposited check for 14 days from the date of deposit.
- Some checks and money orders with busy backgrounds may not deposit successfully; e.g., unemployment checks.
Happy mobile depositing!