COVID-19 Response - Update as of June 1, 2020

JUNE 1, 2020 MEMBER ALERT: Our Express Branch and Lending Center at 1725 I Street NW will be temporarily closed on Monday, June 1, 2020 due to limited access to our facilities. Please use Digital Banking to access your accounts 24 hours, 7 days a week, visit a CO-OP ATM near you, or contact us at 202-212-6400 for assistance. Updates will be posted as soon as possible.

Transfer Money

 

We offer several different methods of funds transfers based on the nature of the transfer.

eTransfer*

eTransfer resides within our Digital Banking system, and is an easy way to move money where you need it anywhere in the U.S. eTransfer has two services: Transfer Funds and Send Money.

  • With Transfer Funds, you can transfer money securely between your BFSFCU accounts and accounts at other financial institutions.
  • The Send Money option allows you to transfer money to someone else’s account at another financial institution.

For international transfers, you may use our eWires service, also conveniently located within Digital Banking.

How does eTransfer work?

When BFSFCU transfers or receives money to or from another financial institution, the money transfer is processed through a secure network called the Automated Clearing House (ACH). Each business day, financial institutions process transfer requests on the ACH network, which routes the funds to the appropriate receiving bank. The receiving bank processes the arriving ACH transfer, and credits the receiving account.

This process generally takes three business days to complete. Weekends and federal holidays are not considered business days for the purposes of ACH transfers. For your convenience, we also offer next-business day service for a $3.00 fee.

Special Note: There are limits on the amount of money that can be transferred online and these limits can vary. Please consult the Terms of Service when you access eTransfer within Digital Banking.

Zelle

Introducing Zelle® – a fast, safe and easy way to send money in minutes to friends, family and others you trust, right from the Bank-Fund Staff FCU mobile app. Zelle makes it easy to send money to, or receive money from, people you trust – no matter where they bank.*

Learn About Zelle

*You must have a bank account in the U.S. to use Zelle. Zelle is only available in the U.S. and is available to almost anyone with a bank account in the United States. BFSFCU members must have a U.S. address and enroll a valid U.S. mobile number. Zelle and the Zelle related marks are wholly owned by Early Warning Services, LLC, and are used herein under license.