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Commonwealth One Federal Credit Union Teams With Intuit Financial Services To Offer Members Online Remote Deposit Capture

Members can now deposit checks online and enjoy faster access to cash using My Deposit


August 19, 2011 – Alexandria, VA – CommonWealth One Federal Credit Union of Alexandria, VA is now offering My Deposit, a free online remote deposit capture solution provided through Intuit Financial Services.  With My Deposit, members can save time and have faster access to their money by depositing checks from their home or office computer through CommonWealth One’s secure, online banking portal, Online Branch. 

Members simply scan checks they want to deposit and transmit them electronically to CommonWealth One for clearance.   Checks submitted via the solution are cleared by the credit union more quickly than traditional in-branch deposits, providing members faster access to those funds.

My Deposit is available 24 hours a day and is easy to use.  Members can be confident their transactions are secure and protected via the secure Online Branch portal. My Deposit also helps members save time by archiving their deposited checks within the system, reducing the need to balance a checkbook. 

CommonWealth One is offering an online My Deposit demonstration, user guide and a listing of frequently-asked questions on its website. New CommonWealth One members will be able to access this helpful application by simply opening a share account at any of its branches within the metro Washington, DC and Harrisonburg regional areas.

CommonWealth One Federal Credit Union places critical importance on helping their members achieve financial independence and improve their standard of living through its products, services, commitment to financial education and community involvement.  By offering My Deposit to its members, CommonWealth One is enabling its members to enjoy a new level of convenience.

About CommonWealth One Federal Credit Union
Since 1944, CommonWealth One Federal Credit Union has grown to become one of Northern Virginia’s top credit unions with more than $295 million in assets serving more than 36,000 members.  CommonWealth One is a full-service, member-owned, not-for-profit financial cooperative committed to being the lifetime financial institution of its members. For information on our history, upcoming events, and more visit
About Intuit Financial Services
Intuit Financial Services, an Intuit Company, helps banks, credit unions and other financial institutions grow by making it easier for consumers and businesses to manage their money. We’ve applied more than three decades of customer insights to build an innovative portfolio of on-demand solutions and services that anticipates and meets their needs. Learn more at
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Intuit and the Intuit logo,   among others, are registered trademarks and/or registered service marks of Intuit Inc. in the United States and other countries. Other parties’ trademarks or service marks are the property of their respective owners and should be treated as such.


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