Deposits

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There are four ways to deposit money into your PerkStreet checking account:

  • Sign up for direct deposit with your employer
  • Easily transfer money online from an existing checking or savings account
  • UPS® and Mailboxes Etc®: Make free deposits at 3,400 locations and PerkStreet will receive your deposit the next day
  • Mail your endorsed checks to us and we’ll quickly and safely deposit them into your account. The address for mailing the checks is:

    PerkStreet Financial
    Attn: Deposit Operations
    409 Silverside Road, Suite 105
    Wilmington, DE 19809

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Following is a list of the most common deposit types and the time it takes for the money to become available from the time we receive your deposit:

  • Direct deposit of your paycheck: Same day
  • PerkStreet checks: 1 business day
  • Checks from other banks:
    • $100 within 1 business day
    • The balance within 5 business days
  • ATM deposits: 5 business days

Here is the complete list of all types of deposits and how long it will take for the funds to be typically available:

Same Business Day Availability
Pre-authorized electronic deposits (Direct Deposit of your paycheck, electronic Social Security disbursements, etc)
Wire transfers
First Business Day Availability
U.S. Treasury checks
U.S. Postal Service money orders
Checks drawn on the bank
Automated telephone transfers
Online transfers
First $100 of any non-PerkStreet check
Second Business Day Availability
State and local government checks
Cashier's checks
Certified checks
Federal Reserve Bank checks
Federal Home Loan Bank checks
Fifth Business Day Availability
Remaining balance of any non-PerkStreet check
ATM deposits
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Direct Deposit is a safe and simple way to deposit money into your account. Your employer automatically deposits your paycheck into your Perkstreet checking account and the money is added to your balance the day you are paid.

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Login to myperkstreet.com, go to Help, Making Deposits and you can print out and complete the Direct Deposit form and give it to your employer’s human resources or payroll department and they will sign you up for Direct Deposit. In the meantime, you may:

  • Easily transfer funds from an outside account to your Perkstreet account online at myperkstreet.com
  • Mail us your endorsed paycheck. We'll email you when we've received it and we’ll safely deposit it into your account. Mail to the following address:

    PerkStreet Financial
    Attn: Deposit Operations
    409 Silverside Road, Suite 105
    Wilmington, DE 19809

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With direct deposit, you’ll have access to your money the day your employer pays you. Direct Deposit eliminates the hassle of mailing checks or depositing them via ATM every time you’re paid.

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Yes. When you sign up for Direct Deposit through your employer’s human resources or payroll department, you may specify the amount you’d like to have deposited into your Perkstreet account each pay period.

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