What is Recurring Deposit?

The Recurring Deposit feature allows you to add money to your SecureSave account from your linked bank account to your  on a recurring basis. This can be set up in addition to any funds you save via Paycheck Autosave with your employer. 

How to set up Recurring Deposit

1. Got to the Plan tab
2. Under "Set up recurring deposit" click Set up
3. Click Select bank account to pick the Linked bank you want the funds to pull from. Please note, only bank accounts linked via Plaid can be selected.
4. Click Select frequency and choose how often you want to add money to your SecureSave account: Weekly, Every 2 weeks, or Monthly
5. Click Select day and pick the day you want funds to come out of your Linked bank account*
   1. If you picked Weekly or Every 2 weeks: You can pick any weekday, Monday through Friday.
   2. If you picked Monthly: You can pick any day from the 1st through the 28th or last day of the month.*
6. Based on your selection, you will see the "Next processing date", so that you know when the first funds will be taken out of the linked bank account.
7. Under "Amount" enter the dollar amount you want to transfer to your SecureSave account at the frequency you set
8. Click Next
9. Review the details and then to set up the Recurring Deposit click on Confirm recurring deposit

*Important note: If the selected day falls on a holiday or weekend, the transfer will be processed on the next business day. Funds will be available in your SecureSave account 6 business days after the transfer is processed.