e-Deposits

MIT Federal Credit Union gives you two ways to deposit checks remotely whenever it's convenient to you. Whether you're on your desktop computer or mobile device, we have the solutions to save you time.

  • Download our free Mobile App for your iPhone, iPad, or Android device and deposit checks using your device's camera
  • Use an image scanner from your home or office computer to deposit checks electronically through e-Branch
  • Get full details in our e-Deposits Disclosure and Agreement

Depositing checks has never been easier, or more secure, than with MIT Federal Credit Unions e-Deposits options. 

  • Eliminate trips to a branch location to deposit your checks
  • Spend more time focusing on work or personal activities and less on financial tasks

In order to use e-Deposits desktop version, you must have the following:

  • Windows XP with Internet Explorer 7+, or Vista with Internet Explorer 7+
  • Windows XP or Vista, with Firefox 2+
  • Mac OS X 10.6 with Safari 3+ (Safari on Mac OS X v10.6+ must be run in 32-bit mode)
  • Mac OS X 10.6 with Firefox 2+
  • Windows 7

In order to use e-Deposits mobile version, you must have one of the following:

  • iPhone (3GS or higher)
  • iPod Touch 4G or higher
  • Smartphones with the Android 2.1 Operating System or greater

Note: Low density screens (240wx320h) are not supported.

New Deposit – Mobile Application Instructions

Step 1: Endorse Your Checks Please sign the back of each check and write the following endorsement information under your signature:

For deposit only at MITFCU
Account Number
Via e-Deposits
On MM/DD/YYYY**

Step 2: Select your Deposit Account

Step 3: Enter the amount of the check

Step 4: Take a picture of the front of your check

Step 5: Take a picture of the back of your check

Step 6: Click Deposit Check

New Deposit – Desktop Scanning Instructions

Step 1: Endorse Your Checks Please sign the back of each check and write the following endorsement information under your signature:

  • For deposit only at MITFCU
  • Account Number
  • Via e-Deposits
  • On MM/DD/YYYY** (today's date)

Step 2: Select Your Scanner

Use the Select button to choose the appropriate scanner. If no scanning devices are listed, please ensure that your scanner is turned on, properly connected, and its software properly installed. The software will remember your scanner selection when you deposit checks in the future.

Step 3: Enter the Total Deposit Amount

Enter the total dollar value of your deposit in this field. For multi-check deposits enter the grand total of all checks in your deposit.

Step 4: Scan Your Checks

For flatbed scanners: Place your first check face down on the scanner in the appropriate position. Select the Scan button to scan the front of the check. Follow the device's instructions for completing the scan. Place your first check face up on the scanner. Follow the same process, selecting the Scan Back button to scan the back of your check. Repeat these steps for each check in your deposit.

For duplex scanners: Place your check(s) in the scanner's check/document feeder in the appropriate position. Select the Scan button. Follow the device's instructions for completing the scan.

Step 5: Continue

Once you have scanned all of your checks, click the Continue button to continue to the Deposit Review step.

Deposit Review

Step 1: Review Your Deposit

All deposits must be in balance before they can be released to the credit union for processing. The Deposit Summary provides a recap of your current deposit. Check the Total Items field to ensure that all items in your deposit have been scanned. Check the Unrecognized Amounts and Image Quality Rejects fields to ensure that none of the items in your deposit have been rejected. Check the Total Deposit Amount, Actual Deposit Amount, and Difference fields to ensure that the deposit is in balance.

If there are no items indicated in the Unrecognized Amounts or the Image Quality Rejects fields, and the Total Deposit Amount and Actual Deposit Amount fields are equal, your deposit is in balance and you can proceed to Review Your Checks.

Once you have completed the Review Your Deposit step, use the Submit button to submit your deposit to the credit union for processing.

If there are Amount Rejects or Image Quality Rejects proceed to Review Your Checks.

If the deposit is out of balance, make sure that you entered the correct Total Deposit Amount. If the Total Deposit Amount was entered incorrectly, enter the correct Total Deposit Amount and select the Update button. If the Total Deposit Amount was entered correctly and the deposit is still out of balance, proceed to Review Your Checks.

Step 2: Review Your Checks

In the Deposit Items section you can view each of the checks included in your deposit. View each image to ensure the check is in the proper orientation and has been properly endorsed (See Step 1).

The software has attempted to read the dollar value of each check in your deposit. If it was unable to do so the $$$ symbol will appear in the Errors field and you must enter the value by hand in the Amount field.

The software has also scanned the checks for image usability (IU) and image quality (IQ). If a check fails an image quality test the letters IQ will appear in the Error field to the left of the check image. Click on or hover over the indicator to view a detailed description of the error.

IQ tests are mandatory and if a particular image fails an IQ test you must delete the Check and try scanning it again in a new deposit to obtain a better quality image. Consider using your scanner's image settings (brightness, contrast, etc.) to adjust the scan quality. Examples of IQ failures include Image Too Dark, Image Too Light, and Excess Spot Noise.

IU tests are non-mandatory and intended to warn you of potentially missing fields on the check. IU tests check for the presence or absence of the following fields; signature, date, courtesy amount, and payee. View the check image carefully to determine whether the item should be submitted for deposit.

Step 3: Submit Your Deposit

Submit Deposit sends your deposit to the Credit Union for review and processing. Until the Credit Union has acted on your deposit, it can be found on the Deposit History page in the Submitted Deposits table. Once the Credit Union has acted on your deposit, it is found in either the Submitted Deposits table or in the Deposit History table depending on the action taken by the Credit Union.

Submitted Deposits

Submitted Deposits are deposits that you have submitted but are still awaiting review and acceptance by the credit union. Each deposit that you submit is reviewed by the credit union for accuracy.

Until your deposit has been reviewed it will remain in a submitted state. Once a deposit has been accepted, details can be viewed on the Deposit History page and the deposit will be posted to your account. If we make an adjustment to your deposit, a summary of those adjustments will appear in the Notes column of the Submitted Deposits or Deposit History table, and we will send you an e-mail notifying you of the change.

See below for a detailed description of the information that can be found in the Submitted Deposits table:

Ref # - your unique deposit reference number

Account/Created/Submitted

  • Account - the Account Type and Number that your deposit was directed to
  • Created - the date and time that you scanned your deposit
  • Submitted - the date and time that you submitted your deposit

Items - the number of checks contained in your deposit

Amount - the total value of your deposit

Credit Union Notes - this column contains a summary of the actions taken by the Credit Union on your deposit. Credit Union Notes may contain the following:

  • Item Amount Adjustment - the Credit Union has adjusted the value of an item within your deposit. Notes will include the item reference number and the value of the item before and after the adjustment.
  • Deposit Total Adjustment - the Credit Union has adjusted the total value of your deposit. Notes will contain the deposit value before and after the adjustment.
  • Item Deleted - the Credit Union has removed an item from your deposit. Notes will include the item number and the reason it was removed from your deposit.

Actions

Delete Deposit. Until the Credit Union accepts your deposit you may delete it by clicking the Delete button.

Deposit History

Deposit History contains deposits that have been accepted for processing by the credit union. Once a deposit has been accepted it will be posted to your account according to the terms outlined in the End User License Agreement.

If we make an adjustment to your deposit, a summary of those adjustments will appear in the Notes column of the Deposit History table. See below for a detailed description of the information that can be found in the Deposit History Table:

Ref # - your unique deposit reference number

Account/Created/Submitted

  • Account - the Account Type and Number that your deposit was directed to
  • Created - the date and time that you scanned your deposit
  • Submitted - the date and time that you submitted your deposit

Items - the number of checks contained in your deposit

Amount - the total value of your deposit

Credit Union Notes - this column contains a summary of the actions taken by the Credit Union on your deposit.Credit Union Notes may contain the following:

  • Item Amount Adjustment - the Credit Union has adjusted the value of an item within your deposit. Notes will include the item reference number and the value of the item before and after the adjustment.
  • Deposit Total Adjustment - the Credit Union has adjusted the total value of your deposit. Notes will contain the deposit value before and after the adjustment.
  • Item Deleted - the Credit Union has removed an item from your deposit. Notes will include the item number and the reason it was removed from your deposit.

Actions

  • Review Deposit. View the details and check images for this deposit by clicking theReview button.
  • Build PDF Report. Generate a report for this deposit in the Adobe Acrobat Portable Document Format (PDF) by clicking the Review button.

Pending Deposits

Pending Deposits are awaiting your review and release or delete. Pending Deposits have not yet been submitted to the Credit Union for processing.

Click the Review button to review, balance, and release the deposit. Click the Delete button to delete the deposit.