External Loan Payment Instructions

Follow the steps below to add an External Bank Account:

• If this is the first time using the feature it will state, you have not added your external accounts.  Please click here to add.
  
• Once you click on the link, a pop up will appear informing you that you will need the routing number and account number of the other financial institution. Click Continue.
  
• Once you click Continue the External Transfer/ Loan Payment—Add Account screen will appear.
• Here you will fill in the displayed information:
  • Account Type- Drop down will allow you to select Savings, Checking, or Money Market Checking.
    
  • Bank name or Routing Number
    
  • Account Number twice for verification.
    
• Click Continue
  
• A verification pop up will appear. You must verify information and click Continue.
  Clicking Continue will trigger an account verification which will send two trial micro deposits to the account at your other institution within one to three business days. Please note that your other account will have two small deposits and one withdrawal that totals the amount of the two deposits. Once you receive the two trial micro deposits, you will have 10 business days to return to the external funds/loan payment option at CPFCU to complete the validation of the account you added.
  
• Click on the button to validate the account. Enter the amount of the two micro deposits you located on the account you added.
  
• Once you enter the two small amounts successfully it will validate and make the account active. This will allow you to start submitting transfers to and from that account.