Get Paid Faster with Early Pay
Alabama Credit Union is excited to offer Early Pay*. With Early Pay, you can access eligible incoming electronic deposits (ACH) may be available up to two business days early when you use direct deposit.
Early Pay FAQs
What is Early Pay?
Early Pay is not a loan, but a service that allows you to access your funds from qualifying payroll or government payments up to two days early*. For example, if you usually get paid on Friday, you could see your paycheck in your account as soon as Wednesday.
Can I opt out of Early Pay?
No. Early Pay deposit is a free, automatic feature with your account.
How do I enroll in Early Pay?
Alabama Credit Union members with a checking or savings account are automatically enrolled in Early Pay.
What is Direct Deposit?
A direct deposit is an electronic funds transfer, usually from your employer, retirement plan, or government agency, that deposits money directly into your account.
How do I set up Direct Deposit?
If you don’t have direct deposit, you will need to set it up with your employer or government payor.
How will I know that I've received my deposit?
You can monitor your deposit by checking your online or mobile banking account. You’ll be able to see it as soon as the funds are deposited.
What types of deposits are eligible for Early Pay?
The most common direct deposits that qualify for Early Pay are payroll checks and payments from state or federal governments like Social Security, unemployment and retirement benefits.
Will my direct deposit always arrive on the same day?
Because businesses and employers don’t always submit their direct deposit at the same time for each pay period, the day and time your direct deposit arrives may differ from one pay period to the next. We don’t have control over when the direct deposit files are submitted.
How long will it take if I'm just now setting up my direct deposit?
That depends mainly on your employer or payor, but it could take up to 60 days for the direct deposit to be eligible for Early Pay.
*Disclosure