Members 1st Credit Union Remote Check Deposit Capture Agreement and Disclosure


The use of Members 1st Credit Union mobile application constitutes acceptance of this agreement and disclosure.


As used in this Agreement, the following words will have the definitions given below:

"Account(s)" means your eligible Members 1st Credit Union checking, savings, loan, share certificates and other Members 1st Credit Union products that can be accessed through the Mobile Banking Service.

"Device" means a cellular telephone or similar wireless communication device onto which you have downloaded software provided by us for the purpose of permitting Mobile Banking. Please consult your plan or provider for details.

"Mobile Banking" means the banking services accessible from the Device you have registered with us for Mobile Banking.

"You" and "Your(s)" mean each person with authorized access to your Account(s) who applies and uses the Mobile Banking Service.

"We"," Us", and "Credit Union" means Members 1st Credit Union.

Remote Deposit Capture

Deposits to your Members 1st Credit Union account may be made remotely using your smart phone device by submitting an image of the front and back of a check.

Eligible Items for Deposit through Remote Deposit Capture

You agree to submit only “checks” as defined in Federal Reserve Regulation CC. You agree that the image of the check transmitted to us shall be deemed an “item” within the meaning of Article 4 of the Uniform Commercial Code.

Unacceptable Items for Deposit

Availability of Funds Deposited Through Remote Deposit Capture

Deposits made through Mobile Banking using the Remote Deposit Capture method will follow the availability requirements outlined in Regulation CC. Regular hold times are as follows:

To help reduce check fraud, scams and identity theft, Members 1st Credit Union places holds on all check deposits made at ATMs or through Remote Check Deposit. Standard holds last for 24 hours beginning at 11pm each business day evening. Extended holds can be placed on deposits from 2-7 days whereupon a member is notified through the mail. 100% of funds are released on the expiration of a hold. Business days are Monday through Friday and exclude Saturday, Sunday, and all federal holidays. For example, if a member deposits a $100 check at an ATM or via Remote Check Deposit on Monday at 5pm, the funds will not be available until Tuesday at 11pm. If a member deposits the same $100 check on Friday at 5pm, the funds will not be available until Monday at 11pm.

We reserve the right to extend any hold placed in an emergency situation where there is a failure of communications or computer equipment and if we have any reason to believe an item will not be paid.

Endorsement, Retention and Disposal of Transmitted Items

In Case of Errors or Questions about Your Account

Please refer to the Deposit Agreement given at account opening for a description of the error resolution process as well as how transfer and deposits are processed on your account. If you need a copy of the agreement or have additional questions regarding Mobile Banking Services, please contact a member service representative by using one of the following methods: