When will your funds be available after an ATM deposit?

Funds availability depends on your bank. Some deposits are available instantly, while others take hours or days due to verification and internal processing. FSB processes deposits made after 5 p.m. on the next business day.

Can You Deposit Cash at ATMs? Know Before You Go

Q: Should you use your bank's ATM for deposits?

Yes, using your bank’s ATM is safer and faster. Bank-owned machines offer encryption, fraud protection, and direct processing within your bank’s system.

Q: How can I deposit money at an ATM?

Insert your debit card, select 'Deposit,' and follow on-screen prompts. Use unfolded bills, endorse checks, and confirm totals before finalizing. Always save your receipt.

Q: What happens if there is an error during the deposit?

If you encounter an error, contact your bank immediately and provide your receipt. Most banks can investigate and resolve ATM deposit issues quickly.

Can You Deposit Cash at an ATM?

Yes, you can deposit cash at many ATMs, but not all of them. Some ATMs are set up for deposits, while others only allow withdrawals or balance inquiries.

If you're planning to deposit cash, make sure you're using an ATM that accepts deposits for your specific bank or credit union.

Here’s what to know before you go:

Bank-owned ATMs are the most reliable for cash deposits, especially if they’re attached to a branch.

ATM deposits may incur fees. Be aware of your bank's policies and compare costs if necessary.

Not all ATMs accept deposits, especially those that are out-of-network or located inside third-party retail locations.

Deposit availability may vary. Some machines offer instant access to funds, while others place a hold.

Always keep your receipt as proof, especially for large deposits.

To avoid delays, use your bank’s website or mobile app to locate deposit-enabled ATMs. FSB customers can use the branch locator to find ATMs that accept cash deposits.

Table of Contents

Should You Use Your Bank's ATM for Deposits?

When Will Your Funds Be Available?

How Can I Deposit Money at an ATM?

Should You Use Your Bank's ATM For Deposits?

Using the ATM at your financial institution is the safest and most efficient way to make an ATM deposit.

Using your bank's ATM for cash deposits offers a more secure option:

Encryption and Fraud Protection: Most bank ATMs offer advanced security measures to protect your information and prevent unauthorized access
Streamlined Processing: Deposits made at your bank's ATM are processed directly through their system, minimizing the risk of errors or delays

Do You Have To Use Your Bank for ATM Deposits?

This varies depending on the state's laws, but some outside financial institutions and third-party ATMs will accept cash and check deposits from external customers.

Iowa Code Chapter 527 only allow onsite (at the bank's physical location) to exclude deposits from non-customers, but few banks implement this exclusion.

Check your state's regulations before attempting to make an ATM deposit.

When Will Your Funds Be Available?

While some banks offer instant access to deposited funds, others have processing times that can range from a few hours to several business days.

Reasons for Processing Times:

Verification: Banks need to verify the authenticity of your deposit, especially for checks
Security Checks: Additional security checks may be conducted for larger deposits or suspicious activity
Internal Processing: The bank's internal systems require time to update your account balance

When is FSB's ATM Deposit Cutoff?

Here at FSB, deposits and transfers made after 5 p.m. won't hit your account until the next business day.

Find an FSB ATM Location

How Can I Deposit Money at an ATM?

Depositing cash or checks at an ATM is a straightforward process, but it's always good to be prepared. Here are some essential things to remember:

When depositing cash, make sure your bills are unfolded and in good condition
When depositing a check, make sure you endorse it with your signature and "For Deposit Only"
Have your debit card available for accessing your account

Depositing Cash at an ATM: Step-by-Step

Find a Compatible ATM: Check your bank's website or app to locate an ATM accepting deposits.
Follow the Prompts: Each ATM’s interface differs slightly, but the general steps are similar:
1. Insert your debit card and enter your pin.
2. Select "Deposit" or "Cash Deposit".
3. Choose the account for your deposit.
4. Follow the instructions for inserting cash or checks.
Double-Check and Confirm: Carefully verify the deposit amount on-screen before finalizing the transaction; some ATMs may have deposit limits.
Keep Your Receipt: This serves as proof of deposit in case of any discrepancies.

What Happens if There is an Error During the Deposit?

If you encounter any issues during the deposit, immediately contact your bank for resolution. Always keep your receipt as proof of the transaction.

ATM Deposits: A Convenient Banking Solution

Making ATM deposits allows you to bank on your schedule, outside traditional bank hours. By following these simple steps, you can make ATM deposits with confidence and convenience.

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