December 11, 2024
The Summit is excited to announce its newest service – EarlyPay. EarlyPay offers members of The Summit with direct deposit into a checking account the convenience of having their paychecks available up to one day earlier than their regular payday.
According to a 2022 survey by the American Payroll Association, 93% of US workers get their paycheck via direct deposit, and more than 99% of Social Security recipients receive their funds through direct deposit.
With EarlyPay, all members of The Summit who currently have direct deposit into their checking accounts can receive their paychecks, Social Security, tax returns, and other benefits up to one day early. This service is automatic – there is no need to sign up and no fees to pay to get started.
“We are continuously developing products and services that help make the financial lives of our members easier,” Twanda Christensen, Vice President of Marketing and Community Engagement. “Early access to direct deposits is one of the features that our members have been requesting and, as their trusted financial partner, we are thrilled to now be able to offer this safe and convenient service.”
Learn more about signing up for direct deposit by visiting The Summit’s website.