Early Pay is not a loan. It’s a service that allows you to access funds from eligible payroll or government deposits up to two days earlier than your scheduled pay date*. For example, if your normal payday is Friday, your funds may be available as early as Wednesday.
No. Early Pay is a complimentary feature that is automatically included with your account and cannot be turned off.
All PBT Bancorp members with an active checking or savings account are automatically enrolled—no additional sign-up is required.
Direct deposit is an electronic transfer of funds from an employer, government agency, or retirement provider directly into your account. Deposits made through mobile check deposit, in-branch transactions, ATMs, or ITMs are not considered direct deposits.
To begin receiving direct deposit, you will need to coordinate setup directly with your employer or the organization issuing your payments.
You can track your deposits through online or mobile banking. Funds will appear in your account as soon as they are received and posted.
Common qualifying deposits include payroll payments and government benefits such as Social Security, unemployment, and retirement distributions.
Not necessarily. Deposit timing can vary depending on when your employer or payor submits their payment file. PBT Bancorp does not control when these files are sent.
Processing times depend on your employer or payor. In some cases, it may take up to 60 days for deposits to become eligible for Early Pay.
There is no impact to your business processes. Payroll files are submitted as usual. If your employees bank with PBT Bancorp, they may receive their funds up to two days early.
