Direct Deposit Times for 19 Major Banks (Chase, Wells Fargo, BofA…)

Gone are the days of the paper paycheck, at least for most employees. Many of us now enjoy the convenience of direct bank deposits when receiving paychecks, government benefits, and tax returns. Continue on for more information about direct deposit, including how it works, the benefits of using it, and, most importantly, when you can expect your direct deposit to hit your bank account.

What Is Direct Deposit?

A direct deposit occurs when an employer, government agency, or other party provides instructions for its financial institution to digitally deposit funds directly into your bank account on a specific date. Direct deposit eliminates paper checks and the need to make a trip to the bank to deposit funds. Once the funds hit your bank account, they are available to you.

To set up direct deposit, your employer or other payer will ask you to enroll in direct deposit, which usually involves filling out a direct deposit form and providing your bank’s name and address, as well as your account number and routing number. You may also be asked to provide a voided check.

If you’re worried about when just one check will deposit, consider checking out our article about how long it takes a check to deposit and clear at the top 50 U.S. banks.

What Are the Benefits of Direct Deposit?

Direct deposit offers many benefits:

  • You won’t have to worry about your check getting lost, stolen, or damaged.
  • You won’t have to make constant trips to the bank to deposit your check.
  • You won’t need to visit your place of employment to pick up your check or wait for it to arrive in the mail.
  • You have control over where your paycheck goes, and you can even divide the funds into multiple accounts.
  • You get immediate access to your money as soon as it hits your account.

Reference Table: Direct Deposit Times by Bank

You can use the table below for a quick explanation of the typical direct deposit times for 19 of the major banks in the U.S., then click any bank or scroll for more details.

Bank Direct Deposit Time
Axos Bank Up to 2 days early
Bank of America Typically 12 a.m. on payday
BECU Typically between 12 a.m. and 2 a.m. (PST)
BBVA Same business day when employer sends notification
BB&T Typically between 12 a.m. and 6 a.m. (EST)
Capital One No later than 9 a.m. (EST)
Chase Bank Typically between 3 a.m. and 5 a.m. (EST)
Citibank Typically between 12 a.m. and 7 a.m.
Citizens Bank Typically between 3 a.m. and 6 a.m. (EST)
Fidelity Typically between 12 a.m. and 7 a.m. (EST)
Fifth Third Bank Typically between 12 a.m. and 7 a.m. (EST)
Navy Federal Credit Union Typically between 12 a.m. and 6 a.m. (EST) Monday through Friday
PenFed Credit Union Typically between 7:30 a.m. and 8:30 a.m. (EST)
PNC Bank Typically between 12 a.m. to 8 a.m. (EST)
Security Service Federal Credit Union Typically between 4:30 a.m. and 6 a.m. (CST)
State Employees Credit Union Overnight processing if employer sends by 5:30 p.m.
SunTrust Bank Typically between 12 a.m. and 7 a.m. (EST)
TD Bank Typically 6 a.m. on payday
USAA Up to one day early
U.S. Bank Typically 8 a.m. (PST) on payday
Wells Fargo Typically 6:30 a.m. (EST) on payday

Direct Deposit Times by Bank or Credit Union

We spoke to representatives from the following banks to find out the exact time frame you can expect a direct deposit to post to your account.

Note: While payroll companies like ADP are responsible for disbursing funds to financial institutions for direct deposit, the specific banks/credit unions determine when the funds are posted to accounts.

Axos Bank

  • When does a direct deposit hit your account? Axos Bank makes direct deposits as soon as your employer sends a payroll notification to its bank, which can be up to two days before your regular payday. The company deposits funds during regular business hours as soon as it receives a payroll notification, and the funds will be available the same day.
  • Find out more or find an Axos Bank

Bank of America

  • When does a direct deposit hit your account? Most direct deposits credit your account at 12 a.m. However, it can vary depending on the instructions provided by the originator. It can be different for every customer and is determined by the sender.
  • Find out more or find a Bank of America

BECU

  • When does a direct deposit hit your account? Direct deposits will post to your account early in the morning they receive the file, usually between 12 a.m. and 2 a.m. (PST).
  • Find out more or find a BECU branch

BBVA

  • When does a direct deposit hit your account? Direct deposits will post to your account as soon as your employer sends the payment, with availability during the same business day.
  • Find out more or find a BBVA branch

BB&T

  • When does a direct deposit hit your account? Direct deposits will post to your account on the date indicated by your employer between 12 a.m. and 6 a.m. (EST).
  • Find out more or find a BB&T branch

Capital One

Chase Bank

  • When does a direct deposit hit your account? Generally, direct deposits are posted between 3 a.m. and 5 a.m. (EST).
  • Find out more or find a Chase Bank

Citibank

  • When does a direct deposit hit your account? Direct deposits are posted on business days as soon as the deposit is sent to them by your employer. Typically, they are posted between 12 a.m. and 7 a.m.
  • Find out more or find a Citibank

Citizens Bank

Fidelity

Fifth Third Bank

  • When does a direct deposit hit your account? There is not a set time that direct deposits post to accounts. Generally, though, it’s during overnight processing between 12 a.m. and 7 a.m. (EST).
  • Find out more or find a Fifth Third Bank

PenFed Credit Union

PNC Bank

  • When does a direct deposit hit your account? Direct deposits are posted to accounts between 12 a.m. and 8 a.m. (EST).
  • Find out more or find a PNC Bank

Security Service Federal Credit Union

State Employees Credit Union

  • When does a direct deposit hit your account? Direct deposits get processed during nightly processing, but those times can vary. However, the funds must be scheduled by the company by 5:30 p.m. (EST) in order to processed overnight.
  • Find out more or find a SECU branch

SunTrust Bank

  • When does a direct deposit hit your account? The expected time frame for direct deposits to post is between 12 a.m. and 7 a.m. (EST) on the date instructed by the sender.
  • Find out more or find a SunTrust Bank

TD Bank

  • When does a direct deposit hit your account? Direct deposit funds will be available to use no later than 6 a.m. on the date of your deposit. If you’re anticipating a payroll deposit and your paydays are Fridays, for example, you can expect to receive the funds by 6 a.m. (EST) on Friday of your pay week. This information was verified by a customer service representative.
  • Find out more or find a TD Bank

USAA

  • When does a direct deposit hit your account? Provided your employer posts funds at least two business days in advance, USAA will put the funds in your account one day before your scheduled payday.
  • Find out more or find a USAA location

U.S. Bank

  • When does a direct deposit hit your account? Direct deposits are available by 8 a.m. (PST) on the date requested by the sender.
  • Find out more or find a U.S. Bank

Wells Fargo

  • When does a direct deposit hit your account? Direct deposits, on average, are available by 6:30 a.m. (EST) on the date requested by the sender.
  • Find out more or find a Wells Fargo

In Summary

There are many benefits of direct deposit — from convenience and efficiency to safety and security. While you will find slight differences regarding each bank’s direct deposit times, you can always expect your funds to be available on the same day they hit your account.

If you’re not satisfied with the time your bank deposits, see our article that lists the banks and credit unions that offer early direct deposit (sometimes three days early).