Yes, each account is covered $250,000 per deposit account (NOT per member) by American Share Insurance (ASI). Compared to FDIC, ASI insures each and every account of an individual member up to $250,000, with no limit to the number of accounts that can be insured. If you have 10 separate accounts with AdelFi, up to $2,500,000 of your deposits are covered! This equates to exceptional insurance compared to the big banks.
Yes, each account is covered $250,000 per deposit account (NOT per member) by American Share Insurance (ASI). Compared to FDIC, ASI insures each and every account of an individual member up to $250,000, with no limit to the number of accounts that can be insured. If you have 10 separate accounts with AdelFi, up to $2,500,000 of your deposits are covered! This equates to exceptional insurance compared to the big banks.
Yes. Whether you use Apple Pay, Google Pay, Samsung Pay, or a physical card, you are protected under zero liability against fraudulent transactions.
No fees are associated with depositing checks via mobile check deposit.
AdelFi does not charge a fee to use Zelle®, though mobile carrier or data charges may apply.
The amount of money you can send, as well as the frequency, is set by each participating financial institution. When using AdelFi Zelle®, if you receive a payment limit restriction please retry the payment with a lower amount. Generally speaking, you can send up to $700 per transaction, potentially $900 per day. If you continue to experience issues with a payment limit, please contact AdelFi.
There are no limits to the amount of money you can receive with Zelle®. However, remember that the person sending you money will most likely have limits set by their own financial institution on the amount of money they can send you.
No. AdelFi welcomes Christians of most denominations and serves believers, families, churches, and ministries across Christian traditions with the same care and commitment.
Deposits received by AdelFi by 10:00pm ET (7:00pm PT) are processed on the same business day and are subject to the funds availability schedules provided during RDCexpress enrollment.
AdelFi will only open accounts for foreign organizations with a U.S. TIN and U.S. legal documents related to a denomination or other U.S. incorporated ministry within our field of membership.
While admins and users can approve transactions, the approval option is unavailable through the mobile app. Approvals can only be done through a browser.
No. RDCexpress is only for checks payable in U.S. dollars and drawn on banks in the United States.
No. Access to foreign exchange wires will only be available during the ‘window’ between receiving the daily rate file and the daily wire cutoff.