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Instant Deposit FAQs


Instant Deposit Questions

Questions & Answers

How does Instant Deposit work?

Simply register your check deposit of up to $1,500.00 on Online Banking, endorse your check and use the special envelopes we provide to mail it to our main office, along with a deposit that you print out, within 10 business days.

You'll receive an instant credit for the amount of your check and when your deposit is received, we update your check's status as received.

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Who can use Instant Deposit?

Any AgFed member who meets the following set of criteria may use this great service:

  • You must be a registered online banking user and be at least 18 years of age or older.
  • You must have a Share Draft Checking Account without any non-sufficient funds notices over the past six months.
  • You must either have a loan in good standing OR have Payroll Deduction/Direct Deposit.
  • Credit Authorization Required.
  • You must have been a member for 12 months.

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How do I apply for Instant Deposit?

Once you're signed up for online banking, all you need to do is visit our ‘Instant Deposits’ page located under the ‘Accounts’ tab.  After you apply and accept our terms and conditions, your application will be reviewed and we will send you confirmation via our new secured Communication Center within two business days.

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How do I get extra Instant Deposit envelopes?

You may obtain a new supply of envelopes by checking off the option box that appears on the printed confirmation page you submit with each check or by calling the Credit Union at 202-479-2270 or 800-368-3552 to request a new set for delivery.

In the meantime, if you are out of envelopes, you may still mail your deposits to AgFed in a plain envelope to our main address:

P.O. Box 2225
Merrifield, VA 22116

To ensure that your deposits are received for processing, be sure to address your envelope to the attention of ‘Instant Processing’. 

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What is Instant Deposit?

Instant Deposit allows you to receive credit instantly for checks of up to $1,500.00 deposited through the mail.  You must apply for the service through Online Banking. 

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