KeyPoint Credit Union Blog


From CEO, Brad Canfield

KeyPoint’s Mobile App Deposit Makes Your Smartphone Even Smarter

As much as I try to reduce my financial paperwork, I can’t eliminate it completely. I collect receipts from various purchases, and I still receive some hard copy bills in the mail. The other day when organizing my home office, I found a six-week-old check that I’d forgotten to deposit.

As individuals, we all get paper checks from time to time from relatives, friends or government agencies. If you own a business in the Bay Area or Silicon Valley, you likely handle even more paper checks. That’s why we’re excited to offer our new mobile app deposit service that allows you to deposit checks using your smartphone!

Accessing KeyPoint’s Mobile App Deposit

  • If you’re already using KeyPoint’s mobile app, just log in.
  • If you’re not, download our mobile app from the Apple Store or Google Play and log in with your Online Banking username and password.  
  • Use your smartphone’s built-in camera to capture an image of the front and back of your check and then send it to us for processing.

It’s that simple! You can deposit up to $5,000 per day. The deposit will be posted to your account by the next business day, and $200 will be available immediately upon posting. The balance will remain on hold for an additional two business days.

Mobile deposits are growing in popularity as smartphones become an indispensable part of our lives. Consider this: Back in 2009, Celent Research Services found that 72% of banks they surveyed had no plans to offer mobile deposits; as of 2012, only 18% had no mobile deposit plans in the works. This spring, the Federal Reserve Board released a survey of nearly 2,600 people that indicate almost twice as many used mobile deposit services in 2012 than the previous year.

Mobile deposit usage is on the rise, and we invite you to join the movement with our mobile app deposit service. Do you have questions? Contact our telephone center 24/7 at (888) 255-3637 and we’ll help!


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