Who is eligible for Mobile Deposit?

Online Banking is required to submit a Mobile Deposit. To be considered eligible to use Mobile Deposit service, you must have a personal deposit account(s) opened for at least 30 days with a current positive balance and satisfactory account history. Some Sole Proprietorship accounts may be eligible.

When do I see my credit for Mobile Deposit?

Funds from a Mobile Deposit are not immediately available, however funds are generally made available by the next Business Day. Occasionally we may decide to delay availability of funds from a Mobile Deposit based on such factors as credit worthiness, the length and extent of your relationship with us, transaction and experience information, and such other factors as Lyon County State Bank, in its sole discretion, deems relevant. In general, funds delayed for the above reasons will be available no later than the 4th Business Day.

Is there a cut-off time to submit my Mobile Deposit?

The current cut-off time is 5:00pm Central for same Business Day credit. All Mobile Deposits submitted after 5:00pm Central, or on Saturday or Sunday, will process and credit the next available Business Day (Monday thru Friday, excluding federal holidays).

How many checks can I deposit at one time?

One Mobile Deposit credited to your account consists of one check. If multiple checks are needing to be deposited, multiple Mobile Deposits will need to be submitted.

How do I initiate a Mobile Deposit?

Mobile Deposits must be submitted using Lyon County State Bank’s Mobile Banking app. Mobile Deposit requires the use of a camera enabled device to take a front and back photo of the Item you wish to deposit.

To deposit a check, log into your Online Banking through our Mobile Banking app. Select ‘Deposit’ from the account dashboard screen or from the Main menu, click on ‘Deposit Check.’ First time users, will be asked to choose an account they would like to enroll in Mobile Deposit and then agree to the terms of the service. Enrolled users will be prompted to enter the dollar amount of the item they are depositing, choose the account they wish to deposit their check into, and then asked to take a front and back photo of their check.

How should I endorse the back of my check?

When submitting a Mobile Deposit, you are required to endorse the back of the check with the words, ‘FOR MOBILE DEPOSIT AT LCSB’ or ‘FOR MOBILE DEPOSIT AT LYON COUNTY STATE BANK,’ followed by your personal endorsement. All checks not endorsed with this restrictive wording will be rejected.

What if my Mobile Deposit is rejected?

An email notification will be sent to you if your Mobile Deposit was rejected. Email notifications are not always instant and sometimes may only be sent during regular business hours, Monday through Friday.

What should I do with the original check?

Confirm the deposit was credited to your account, before destroying the check. It is your responsibility to ensure the check is held in safekeeping or destroyed after you have submitted a mobile deposit. As best practice, we recommend that you keep the check for at least 10 days before destroying.

Checks submitted for deposit through Mobile Deposit SHOULD NOT BE cashed or deposited using another method.  Once it is submitted as a mobile deposit, the original item becomes void.

 

If you have additional questions about Mobile deposit, please call Lyon County State Bank Back Office Processing at 620-342-3523 or toll free at 877-448-5272.

 

Last Updated: July 26, 2018