Even in the era of digital banking, there are still times where you will need to deposit funds the old-fashioned way. To ensure that your cash or checks are quickly and securely deposited to your Amplify accounts, our team is pleased to provide night drop services at each of our branch locations. In this article, we'll explain how night drops work and what steps you will need to follow to deposit funds at an Amplify location.

Key Takeways:

• Night drop allows members to deposit cash and checks at any Amplify branch location.
• These funds can be applied to checking accounts, savings accounts, money market accounts, or even loans.
• Members must complete the deposit envelopes provided next to the night drop vault.
• Overnight deposits will be processed by 10:00 AM CST Monday through Friday.

What Is Night Drop?

Our night depository (or night drop) services allow our members to deposit cash and checks without the need for in-person or drive-thru services. Team members at each Amplify branch location collect and process the previous night's deposits by 10:00 AM CST between Monday and Friday. Furthermore, each deposit is verified via a dual control system, which requires two team members to sign off on the deposit information before the amount is credited to the correct account.

When Should I Use Night Drop?

Thanks to our online banking platform, many of our members are able to receive funds without leaving the comfort of their own home. This can include using our mobile check deposit service to scan and deposit checks through the Amplify Credit Union app and/or receiving transfers directly from external accounts or financial institutions.

Of course, there are times when payments must be processed in their physical form, and that is why night drop remains an important piece of the Amplify puzzle. Members are encouraged to consider our night drop service if they need to make a cash deposit or if they are planning to deposit a high-dollar check to their personal or business accounts. Since our night drop services are available 24/7 to members, this service can used by anyone looking to close out a long day of work and have access to their funds by 10:00 AM the following morning.

How Do I Submit a Night Drop?

You can find our night drop deposit envelopes located next to each onsite night drop vault. It is critical that you provide all of the required information on the deposit envelope and keep your handwriting and clean and legible as possible. Here is the information you will need to provide:

• Name (First and Last)
• Date
• Member Number
• Daytime Phone Number
• Total Amount Enclosed
• Credit Account

Your credit account is the account you wish to have your deposit funds credited to. This can be your checking account, savings account, or money market account. You can even have your funds applied towards a current loan with Amplify Credit Union, such as a mortgage or auto loan.

Where Can I Submit a Night Drop?

Night drops are currently available at all Amplify branch locations. This includes:

• Cedar Park
• Esperanza Crossing
• La Frontera
• Parmer Lane
• Pond Springs

For more information on each of our branches, please visit the Service Locations and Hours page on the Amplify Credit Union website.