1.844.825.6728  |  support@valorcu.org  |  Routing # 231386331

Business Remote Deposit

Deposit Checks through Online Banking

Remote Deposit

Valor is proud to offer our Business Members a more efficient option for depositing checks to your account – Remote Deposit! Now, instead of taking time away from your business to visit a branch, you can deposit checks directly from the office!

Remote Deposit allows our members the ability to take a picture of or scan an image of the check and upload it for deposit via your Online Banking Account. Simply sign into to Online Banking, scroll over the “Services” tab, and choose “Remote Deposit” to get started.

Mobile Deposit*

Banking from the palm of your hand just got easier! Simply take a picture of your check and upload it for deposit to your Checking or Money Market Account via the Valor Mobile Banking App available for both iOS and Android devices.

It’s pocket convenience that’s quick, easy, and secure!

Requirements

In order to qualify for Remote Deposit or Mobile Deposit usage, the following must be met:

  • Must not have any shares or loans charged off
  • Must not have been share negative in the last six months
  • No loans 10 or more days delinquent
  • Must be a member for over three months
  • Must have a checking account
  • Must be signed up for eStatements

Also note that all checks under $200 will have a 1 day hold placed, and all checks exceeding $200 will have a 1 day hold placed on the first $200, with the remainder receiving a 2 day hold.


Conditions & Notes

* Must be enrolled in Valor Online Banking and have a Valor Business Checking Account or Money Market in order to utilize Remote or Mobile Deposit. There is a $5,000 daily limit on deposits as well as a $25,000 rolling 30-day limit.

Contact

Consider Valor Credit Union for all your business needs.

Please contact our Member Service Center, at 1.844.825.6728 or email us at support@valorcu.org, to set up a consultation about your business needs.

Be prepared to bring your personal taxes, existing business taxes and a Personal Financial Statement.