Effective July 1, 2018, all mobile check deposits will be required to have a restrictive endorsement. You are required to include all of the following in your endorsement:
- Your signature
- The words "For Mobile Deposit Only"
- Oregonians Credit Union
- Your account number
The endorsement restriction is being implemented by financial institutions due to a change in regulations. This regulation update was made in order to limit the instances of duplicate check presentments involving mobile deposit.
Before making your mobile check deposit, be sure that your endorsement is complete. If your endorsement does not follow the example, your deposit will be rejected you will receive a rejection email.