USAA Bank customers can now deposit checks directly into their accounts when visiting a UPS Store with USAA Easy Deposit.
USAA Federal Savings Bank is now the first financial institution to offer direct check deposits at retail locations.
A new service called USAA Easy Deposit, allows customers to deposit checks using the same technology found in mobile check deposit features when visiting participating UPS Store® locations.
Previously, USAA Bank customers already had a plethora of ways to deposit checks to offset the scarcity of USAA ATMs.
Customers who owned a scanner, iPhone, or Android smartphone could deposit checks through remote deposit capture – taking and submitting images of both sides of an endorsed check. Other ways included visiting a USAA ATM, mailing a check directly to USAA, or dropping a check off at a UPS store to be sent to USAA.
By offering this service, participating UPS stores are essentially transformed into direct check depositing centers for USAA.
“With this new agreement, members can visit any of the pre-identified The UPS Store locations to deposit a check in seconds,” says David Bohne, president of USAA Bank, in a news release. “USAA Easy Deposit is one of the many ways we make it easy for our members to bank with us.”
Any customer with a USAA savings or checking account and ATM/debit card can use USAA Easy Deposit. Simply provide the bank card and endorsed check to a UPS store associate, who swipes the card, selects the type of account, and scans the check.
In most cases, the check is verified instantly. Before being returned to the USAA customer, the check is voided and the back side is stamped.
No account numbers, PINs, or personal information is shared with UPS store employees. USAA customers can find a UPS store offering Easy Deposit by visiting www.usaa.com.
USAA Bank, a pioneer in banking technology and services, has received stellar reviews on MyBankTracker because of its consumer-friendly products and services.