DeposZip

• Do I need to endorse the check submitted using DeposZip?
  

  Yes. You must endorse your check with the following information: “For DeposZip Deposit Only” with your signature.

• I have scanned my checks for DeposZip and I am receiving an “Amount Not Recognized” error?
  

  The “Amount Not Recognized” error occurs when multiple checks are scanned and the dollar amount of the check cannot be read. Click on the $$ and key in the dollar amount of the checks. Once the dollar amounts have been keyed in, you will be able to submit the deposit.

• What types of check deposits are NOT accepted through DeposZip?
  

  1) Any item that is stamped with a "non-negotiable" watermark.
  2) Any item that contains evidence of alteration to the information on the check.
  3) Any item issued by a financial institution in a foreign country. 
  4) Any item that is incomplete.
  5) Any item that is "stale dated"* or "post dated"**.
  6) Savings Bonds.
  7) Third party checks***.
  
  *Stale dated checks are defined as any check that is being negotiated more than six months after the date on the check.
  **Post dated checks are defined as any check that is deposited before the date on the check.
  ***Third party checks are defined as checks that have been transferred by the original payee to a third party by means of an endorsement. 

• I inadvertently selected the wrong account for deposit within DeposZip. What should I do?
  

  You may perform a Transfer within OnLine Banking to move money from one account to another. Login to OnLine Banking, go to Accounts in the top menu, and select Transfer to select the appropriate account to move your funds.

• How quickly will my online deposit actually be posted to my account?
  

  Funds will be deposited into your account within one (1) business day and will follow GSCU's regular funds availability schedule. Please refer to our Funds Availability Disclosure.

• I've scanned and submitted my check online with DeposZip. What do I do with my original check?
  

  You must securely store each original check for a period of ninety (90) days after transmission. After such period expires, you should destroy the original check.

• How do I register for DeposZip?
  

  To register for DeposZip, first login to OnLine Banking then simply click on Online Deposit from the Accounts menu. Complete the registration for your account and your registration request will be processed within 1 business day and an email will be sent to you once your registration is complete. Selecting one account suffix will register all account suffixes (i.e. savings, checking, money market) with the same member number.

• What is DeposZip?
  

  DeposZip® is an online service that allows you to make your check deposits from anywhere you have a secure Internet connection. Just login to OnLine Banking and choose Online Deposit from the Accounts menu options to get started. DeposZip uses the same security and encryption measures we employ with all of our OnLine Banking services. When it comes to our members' deposits, safety is our primary concern.