Deposit your checks on the go, wherever you go, with Sb1’s DeposZip mobile app. Limit your trips to the branch by taking a photo of a paper check on your mobile device via our free and secure DeposZip app. Your deposit will upload to the Sb1 checking or savings account you designate, and will be available the next business day. You can even use this mobile app to make loan payments!
Consider a check: it’s a piece of paper that contains your bank account information on it, instructing your bank to allow the bearer to withdraw a designated amount of your money from your account in Bank A and into their account in Bank B. Behind the scenes, your check is transported to a clearing house that collects and tallies all the checks moving between Bank A and Bank B in a given day. The clearing house performs a single transaction once a day to cover the amount of money changing hands. Since 2004, that process has been digitized, and banks would transfer digital images of checks, freeing them of the legal requirement of storing and transporting checks.
This means when you deposit a check with our DesposZip app, you’re doing exactly what a bank would do if you brought a check in for deposit at an Sb1 branch. We’ve made the check deposit process as streamlines as possible.
Any Sb1 member who meets the following set of criteria can use DeposZip:
DeposZip deposits can be made for a total of up to $2,500.
The following items cannot be submitted for deposit using DeposZip:
The back of each check must include:
PLEASE NOTE: If the back of the check is not properly endorsed, we reserve the right to reject the check for deposit.
You will get a confirmation email when the check has been received. Your funds will be available within 2 business days (the day the deposit is made does not count).
Once your deposit has been credited to your account, you should securely store the original check(s) for 60 days before destroying it.
You will receive a confirmation email.
You will receive an email noting there is a problem
If you are within the DeposZip section of Netbanker, you can select "Help" or "?" as you begin the transaction and you will see information specific to the page you are on. You can also send an email to firstname.lastname@example.org or call (800) 806-9465.