While Landmark Credit Union does not specify an exact time for direct deposits to become available, funds from electronic direct deposits are accessible on the same day they are received by the credit union.
Direct Deposit Availability at Landmark Credit Union
Landmark Credit Union’s policy states that funds from electronic direct deposits are made available to members on the day the deposit is received. This means that once your employer or payer sends the direct deposit and Landmark Credit Union receives it, the funds are processed and become accessible in your account within that same business day.
Understanding Direct Deposit Timing
Although a precise hour or minute isn't provided, direct deposits can typically appear at various times throughout the day. The exact moment funds hit your account can depend on several factors, including:
- Payer's Processing Time: When your employer or the originating financial institution sends the payment batch.
- Credit Union's Processing Schedule: Landmark Credit Union processes incoming electronic deposits in batches throughout the day.
This policy aims to provide prompt access to your funds as soon as they are officially received and processed.
Key Funds Availability Details
For clarity, here's a summary of Landmark Credit Union's general funds availability policy regarding different deposit types:
| Deposit Type | Funds Availability |
|---|---|
| Electronic Direct Deposit | Available on the day Landmark Credit Union receives the deposit. |
| Cash Deposits | Available on the day Landmark Credit Union receives the deposit. |
| Check Deposits | Available on or before the first business day after the day of deposit receipt. |
This ensures that funds from electronic direct deposits are available for your use as quickly as possible on the scheduled payment day.
