Direct Deposit
It’s safe, simple and convenient.
Why choose direct deposit?
Get paid up to two days early automatically with Early Pay*
Convenient process saves time and trips to the bank
Immediate availability of funds
Timely depositing of checks, even when the employee is away
Safe and secure
Simple and easy to set up
Allows for funds to be deposited into multiple accounts at once
Talk to your employer about setting up direct deposit today
Information to assist you in getting started with direct deposit can be found at the links below, including a basic downloadable direct deposit setup form, as well as information about Cape Cod 5 personal accounts and a link to open one online.
*Early direct deposit is a service that comes with your Cape Cod 5 checking or savings account if your paycheck is direct deposited into a Cape Cod 5 account. Early access to direct deposit funds depends on the submission of the payment file from the payor, which may be UP TO two days earlier than the scheduled payment date. Funds post Monday-Friday only. Eligible direct deposits are recurring paycheck, pension, Social Security, or other eligible monthly income electronically deposited by an employer or outside agency through the Automated Clearing House (ACH) Network into your consumer checking or savings account that do not exceed the bank’s maximum amount for early access. All eligibility is at the bank’s discretion and activation may take up to 60 days. Early access to funds is not guaranteed. Bank is not liable if we do not receive files and fail to deposit funds to your account early. Always verify funds before writing checks or authorizing withdrawals.
