If you're using another financial institution's ATM, deposit items must meet that institution's guidelines. If not, the funds could be removed from your account and the envelope's contents forwarded to PSECU for further review. If you're not comfortable depositing cash, buy a money order for your ATM deposit.
PSECU will assess a $4 adjustment charge to your account when a deposit error is made at an ATM. Deposit errors include, but are not limited to the following:
- Deposit of a check that doesn't contain a date, signature of the maker, endorsement signatures; numeric and written amounts that aren't for the same dollar amount; or missing numeric and/ or written amounts
- Deposit of any check, money order, travelers check, or other item that's missing a proper endorsement
- Key entry of a deposit total into the ATM that doesn't match the total sum of the deposit items/ cash in the deposit envelope
- Deposit of any item that's altered or has a non-negotiable watermark. An altered check is any check with evidence of a change of information on the face of the check by use of correction fluid, crossing out, etc.
- Deposit of a foreign check or foreign money order. A foreign check is any check issued to you that is drawn on a financial institution in another country (Canada, France, etc.). For deposit, mail foreign checks to PSECU Funds Management Unit, P.O. Box 67013, Harrisburg, PA 17106-7013.
- Deposit of a stale-dated check. Certain checks have instructions such as "Void 90 days after issue date" or "Must be cashed within six months of issue date." You should deposit checks with this restriction at least two weeks before the expiration date to allow time for the check to be processed by the Federal Reserve.
- Deposit of any item that's subsequently returned due to insufficient funds in the account of the check maker