External Funds Transfer Procedures

You can add accounts that you own at other financial institutions to your online banking profile and transfer funds externally. When you connect the account, we make two small deposits of random amounts into your account at the other institution. When the deposits are complete, you enter and verify the amounts in either online banking or the mobile banking app. The deposits verify your ownership of the account and that any future transfers to or from that account will process correctly. The deposits should take fewer than five business days to process.

Note: Only Domestic (U.S.) banks are allowed.

Note: To remove an external account, contact your financial institution.

Setting up External Accounts for Transfers:

  1. Login to your Online Banking.
  2. In the navigation menu on the left, click Services > Add External Account.
  3. Add External Accounts page enter the following:
    Step 1 Add your Account
    1. Account Number: enter the account number at the other financial institution.
    2. Account Type: from the drop-down list; select the external account type, Checking or Saving. Note: Before depositing into a Savings account check with your Financial Institution for the correct Routing Number.
    3. Routing Number: enter the routing number of the other financial institution. The image on the screen illustrates where the routing number is located on a check. If the account is not a checking account, verify the correct routing number with the other financial institution.
  4. Click the Continue button; after the account information has been entered.
    Two "micro" deposits will be generated and sent to your external account (typically within 5 business days). Micro deposits are random deposits in amounts less than $1. Once you have received these two micro deposits in your external account, make note of both amounts as you will need them for the verification process. If the micro deposits do not appear in your account within the specified timeframe, contact the other financial institution to verify that you are using the correct routing number as some institutions do not use a single number for all account types.

Verifying an External Account

  1. Login to your Online Banking.
  2. In the navigation menu, click Services > Verify External Account.
  3. On the Account Verification page.
  4. Click the account that you want to verify.
  5. In the Verify Deposit Amounts area, enter the amounts of the two deposits that were made to the external account.
  6. Click Continue.
  7. After verification the external account, is now in the list of accounts to transfer funds.

Transferring Funds

You can transfer funds between accounts. You can also make external transfers to your account at another financial institution.

To Transfer Funds

  1. Login to your Online Banking.
  2. In the navigation menu on the left, click Transactions > Funds Transfers.
  3. On the Funds Transfer page:
  4. From: Select from Account from the drop-down list: select the account from which you want to transfer funds.
  5. To: Select to Account from the drop-down list: select the account to which you want to transfer funds.
  6. Payment Type: Select the Payment Type from the drop-down list: Standard Payment or Principal Payment (Loan payments)
  7. Amount: enter the amount to transfer.
  8. Make this a recurring transaction check box: (Optional) The Scheduled Recurring Transfer fields expand:
    1. How often should this transfer repeat? Select Transaction Frequency
    2. Start Date: select a start date from the calendar
    3. End Date: select end date from the calendar
    4. Repeat Forever: if you check the box
  9. Date field: select the date that you want the transfer to occur.
    Note: The date selected is the date you want the transfer to be processed, not the date the funds will become available.
  10. Memo: (Optional), enter information about the transfer.
  11. Approve: Click. The Transaction Processed message confirms that the transfer was processed.
  12. Close to set up another transfer, or navigate to the View in Activity Center to review the transfer.